International Finance

Category : Fintech

Islamic finance must embrace technology faster

Change is the key driving force in a complex global financial ecosystem. This change is mainly based on continuing advances in technology Rosie Kmeid November 27, 2014: Economies worldwide are making a global transformation, in which the information technology industry assumes increasingly greater importance. Indeed, technology is evolving at an amazingly rapid speed. The awe-inspiring...

Americans being served cards with chips

Following several breaches, US companies are forced to offer credit cards with greater security features Tom Groenfeldt November 4, 2014: The US is the last country with paved roads to adopt EMV, said Thad Peterson, senior analyst at the Aité Group, passing along a quip he had heard. That’s changing — almost all the new...

Should you trust mobile banking?

It’s helpful provided you are careful on how you use access to the internet Tim Ring October 30, 2014: Our plummeting faith in new technology was starkly illustrated last year by the Russian secret service. In the wake of whistleblower Edward Snowden’s revelations of mass electronic spying by the Americans, the Kremlin agency tasked with...

Facebook announces change in research policy

This comes after they published a study that turned into a PR disaster IFM Correspondent October 3, 2014: After a study on people’s emotional behaviour carried earlier this year backfired, Facebook on Thursday announced that it has come up with a new review process for pre-approving research. The emotional contagion study published in June was...

eBay to spin off PayPal

Earlier this year, management decided against the separation IFM Correspondent October 1, 2014: PayPal is splitting from eBay and will become a separate and publicly traded company next year. The decision comes almost a year after billionaire investor Carl Icahn opened a proxy fight pushing for the spinoff of PayPal. “The industry landscape is changing,...

Scottish independence: The question of your data

International Finance Desk
If Scotland becomes independent, what does that mean for UK data sovereignty? Lubor Ptacek September 18,2014:Scotland goes to the polls on Thursday to vote on independence from the Union. If a yes vote is passed, it throws into question the impact on data sovereignty. It’s a curious notion, one that both Whitehall and Holyrood have...

Home Depot’s payment system breached

Could potentially impact customers using payment cards at its US and Canadian stores September 9, 2014: The Home Depot, the world’s largest home improvement retailer, on Monday confirmed that its payment data systems have been breached, which could potentially impact customers using payment cards at its US and Canadian stores. There is no evidence that...

Five interesting FinTech start-ups to watch for

For some companies, the financial crisis of 2008 proved to be a boon Jaya Smitha Menon August 18, 2014: The financial crisis of 2008 caused much misery to the sector, but for the FinTech startup community, it proved to be quite fertile. The need for changing old business models and bringinginnovation has bridged the gap...

There is no escaping the cyber threat

China is notorious for its cyber attacks on companies for commercial gain. But is China the only culprit, which sectors are being targeted and how can companies protect themselves from powerful nation-states? Tim Ring Aug 4, 2014: The fear of economic cyber espionage is now so great that companies rate cyber security as one of...

8 things business travellers need to know about Apple’s plans

But with all the major tech players offering synced services, the barriers to switching from Apple to Android or Windows to Apple are becoming higher July 21, 2014: On Monday 2nd June, Apple held its annual Worldwide Developers’ Conference (WWDC) at the Moscone Center in San Francisco. Despite rumours of new devices like the iWatch...