UK government plans Payments Council regulation
November 11, 2011 - Following its bungled and abandoned attempt to scrap cheques, the UK Payments Council looks set to face new government-imposed regulations. In July, Britain's banks scrapped their plans to abolish cheques by 2018 after pressure from MPs, consumer groups and charities.
Phone hacking is biggest security concern surrounding mobile wallet, study says
October 17, 2011 - Consumer security concerns surrounding the 'mobile wallet' are dominated by phone hacking, a new survey has revealed. A study by Intersperience showed that 17 per cent of consumers want to use their phone as a 'wallet'- nearly half of the participants in the research said that the lack of security software was their chief concern. Almost a quarter of respondents said they fear that their mobile device is more likely to be stolen than their wallet.
Finacle™ from Infosys launches next generation e-Banking solution
October 14, 2011 - Infosys, a global leader in consulting and technology, today announced the launch of Finacle™ e-Banking Version 11 at the 2011 BAI Retail Delivery Show in Chicago. The solution is a comprehensive offering that empowers banks to achieve quick global rollouts of online banking services. The new version of Finacle™ e-banking provides unique personalisation capabilities, industry-leading security features and intelligent customer insights to drive adoption of online banking channel and enhance customer loyalty.
