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(5 March 2010 – Global) Russia’s central bank released a report last week revealing that pawnshops proved to be a major source of liquidity and credit for the nation’s business owners during the global financial crisis.
(4 March 2010 – Global) Research commissioned by software provider Compuware has revealed that outsourcing data to vendors and other third parties is one of the main causes of data breaches at financial institutions.
(4 March 2010 – Global) Canada’s central bank has left its key interest rate unchanged at the record-low of 0.25 percent, also indicating that it would not make any moves to the benchmark rate until at least July.
(22 February 2010 – Global) American Express Company has sold its minority stake in American Express Incentive Services (AEIS), an independent issuer of American Express pre-paid products, to Maritz Holdings Inc, giving the company full ownership of the service provider.
(18 February 2010 – Global) At the Mobile World Congress held in Barcelona this week Barclaycard, Europe’s leading card issuer, has unveiled a system that enables smart phones to become chip and PIN payment terminals.
(10 February 2010 – Global) Research from Deloitte, a business advisory firm, has indicated that the top 100 financial institutions will invest over US$100 billion (A$115 billion) a year implementing risk governance frameworks by 2012, more than double the amount spent on risk and control activities pre GFC.
(5 February 2010 – Global) Sagem Wireless, French handset manufacturer, and UPEK, biometric fingerprint specialist, have partnered up and revealed plans to launch a Google Android phone than can capture fingerprints for identification authentication, aiding in the security of m-banking.
(5 February 2010 – Global) Brazil’s Central Bank president, Henrique Meirelles, released the nation’s new sophisticated 50 and 100 (A$61) reais bank notes at a press conference this week.
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