Tag: Ebanking

Patco ACH Fraud Case: Banks Need To Take Stronger Security…

What’s a “commercially reasonable” amount of security for a bank? We got one answer last week when a federal appeals court reversed a lower court’s ruling on the Automated Clearing House (ACH) fraud dispute between Patco Construction and Ocean Bank.  Patco sued Ocean Bank for having “commercially unreasonable” security in place after Patco lost more […]

Mind Your PVQs

Bruce Schneier’s recent post in which he said that secret questions had reached a ‘new low’ may have shocked some casual observers, but for me it simply underlines a problem which is all too common. Personal verification questions (PVQs) and answers have been the de facto solution for forgotten passwords since the creation of email […]

Would NFC and mobile banking be better targeted at emerging…

Continuing our series of responding to mobile questions from influential bloggers, our latest question comes from our good friend, Jon Choo. Jon has more experience than most in the field of NFC payments, having recently taken part in Gemalto’s Contactless Challenge. For this, Jon (and his opposing number, Mobile Industry Review’s Ewan MacLeod) was tasked with carrying out a […]

Mobile payments drive eBay growth

Online marketplace eBay has recently posted its first billion-dollar revenue quarter, confirming that mobile commerce is continuing its shift into the mainstream. The challenge for telecoms and retail industries alike is to make sure they are not late to the party and avoid being left behind. According to an official company press release, the results […]

Building consumer trust in mobile banking

Smartphones are becoming more and more pervasive in our lives these days, as recent research from Nielsen and Javelin Strategy Research shows. Consumers are embracing smartphones in record numbers, however the uptake of mobile banking technologies does not match this high rate of adoption.

eBanking in Turkey: Credit cards you can bank on

In the latest post in our Digital Turkey series, I’ll be taking a look at innovations in Turkey’s banking industry. Alongside the fact that it has revolutionized the way we communicate, for many, what the internet does best is convenience. Online banking is a great example of digital convenience as users can manage their money […]