Banking deserts make it harder for children and young adults to become financially literate, which leads to worse credit and a lifetime of disadvantage.
Linking your mobile number to your bank account could have unintended consequences.
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PayID has been misused and compromised in various ways since its 2018 launch. The system deals only in “incoming” payments, not outgoing ones – but that doesn’t mean users are safe from cyber crime.
Research shows the benefits of having a face-to-face relationship with your bank.
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The end-of-year shopping whirlwind is underway. How does your credit card issuer watch out for fraudulent purchases on your account amid all those transactions?
Technology is changing finance in ways Jefferson would never have imagined.
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Digital technology and pervasive access to the internet have reshaped many industries, and banking is no exception: Hampden and Co is the latest in a short but growing list of digital-only banks built…
First rule of advertising: don’t believe the advertising.
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At the recent Information Security Solutions Europe conference, former White House cybersecurity adviser Howard Schmidt claimed that most security threats may be persistent, but are not as “advanced” as…
Take a duster to your password collection. It’s as good a time as any.
Karen Blakeman
The web is full of scare stories about the Heartbleed security vulnerability but panicking won’t help. Better to use this situation as an opportunity to clean up our acts. Few of us do it but we should…
Memorable and secure. Really nailed this one.
reidrac
It’s as easy as “123456”, or so we’ve learned from Splashdata’s annual worst password of the year list. Slipping down to number two in this most recent list was last year’s favourite, the ever-popular…
Cyber-security takes more than cautious laptop ownership.
sridgway
To my amazement, the latest Eurobarometer survey on Cyber Security across Europe received very little attention in the UK, despite its quite revealing findings. The report shows in no uncertain terms that…
The shoulder pads are gone but the IT infrastructure remains.
Phagan photos
A KPMG report warned last year that the next systemic shock to UK banking could come from an as yet unforeseen event, such as a massive payment outage or a cyber attack. Since the IT systems in most banks…
Data protection may soon come at a price.
Randomskk
Data privacy is on our minds like never before. In a relatively small amount of time many of us have gone from carrying out our daily transactions in person to conducting them digitally. We pay energy…
Bank of Melbourne relaunched its new look branch network in 2011 as part of a broader push to build customer relationships.
Joe Castro/AAP
UK banking giant Barclays has revealed plans to lay off 1700 branch staff and shrink its branch network as customers embrace online and mobile banking. The street faces of banks are changing quickly. Where…