Cybercriminals shift sights from banks to payment platforms
Nearly a third of phishing attacks last year focussed on gaining access to payment systems and e-commerce sites, according to a study by security experts Kapersky.
Nearly a third of phishing attacks last year focussed on gaining access to payment systems and e-commerce sites, according to a study by security experts Kapersky.
Conventional wisdom has it that delaying payments is good for business, but there are now ways for treasurers to get a good deal on their invoice terms without hurting small suppliers, says Neil Radley, Non-Executive Director at Invapay.
Access to financial technology is one of the biggest challenges for organisations looking to grow in emerging markets. Finovate Europe is a launching pad for the most exciting fintech trends on the horizon, but how will they impact on groups that have typically been shut out?
According to Andrew Hilton, Director, Centre for the Study of Financial Innovation there are a few factors that might be prompting increased cash holdings, including the increasing importance of tech-based firms.
American banks are still the most valuable in the world, but Chinese competitors are hot on their tail, according to a new ranking of the world’s financial institutions.
Asset-liability management (ALM) is the core discipline in banking, and one that must be mastered by every bank, irrespective of its business model, product suite or customer franchise. The lack of training options fails to reflect this, says Professor Moorad Choudhry.
Venture Capitalists invested $2 billion in emerging payment technologies between January 2013 and July 2014 – but for card companies, this is a good thing.
The finance world has long eyed cryptocurrencies with suspicion, but these will not flourish by directly challenging traditional banking and payment functions, according to experts.
Currency volatilities and plummeting oil prices are just some of the market forces that have recently brought risk management to the fore in many organisations.
Credit rating agency Moody’s has said that political turmoil and early elections in Greece have raised the chance that the country could leave the Eurozone – but this remains a low risk.