Friday, February 28, 2003

Iris recognition in ATM's?

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A famous Dutch humourist (Wim de Bie) had a visionairy view on the use of biometrics in banking. Already in 1988 he predicted in his book Sc...
Thursday, February 27, 2003

Preventive fraud measures

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Very silently, Dutch banks are taking a number of protective measures to prevent debit-card pin-fraud from ocurring. Debit-cards are being r...
Monday, February 24, 2003

Bank ATM Security Not So Secure ... ???

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Both the Volkskrant and OSNews.com report that Cambridge researchers have found flaws that may have an impact on ATM-security. An article ...

The interactive organisation...

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was the title of the inaugurational speech of Prof. Han Gerrits, last friday. It contained some interesting statements on the effect of inte...
Sunday, February 23, 2003

Homeshopping with RTL and Yorin

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Peter Olsthoorn reports that as of April 7, 2003 , the Holland Media Groep (HMG) will introduce homeshopping on their tv-channels. This ser...

Spam for stolen credit-card numbers...

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... actually looks like this: From: cvv.ru - admin [mailto:admin@cvv.ru] Sent: Friday, February 21, 2003 3:27 PM Subject: Stolen Credit Card...
Friday, February 21, 2003

Dutch Bankers' Association presents annual report

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Yesterday the Dutch Bankers' Association (NVB) presented its annual report. Two regulatory topics were specifically addressed: - cost of...

SSB contract win for processing Dutch/Belgian credit-card

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European Card Review reports in their January/February issue that SSB, the Italian 'Interpay' may win the contract of Banksys/Inter...
Wednesday, February 19, 2003

Solving the problem of micropayments with a statistical solution: Peppercoin

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Boston Globe Online has a very nice article on a payment technique that is based on statistical characteristics (and thus requires a lot of...

Ministry of Finance establishes working group for cost control and payment of supervision

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The Ministry of Finance has released a letter in which it states that a separate working group will further investigate the options that ar...
Tuesday, February 18, 2003

Robbery at Brink's money dispatch office

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Crime has now shifted from attacking money transport vans to attacking the dispatch office of those vans. De Telegraaf reports that the sec...

Hacker breaches credit card security of third party processor

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The BBC reports that a computer hacker has gained access to more than 5 million Visa and Mastercard credit card accounts in the US. Consum...
Monday, February 17, 2003

Japanese Smart Cards Keep Looking for Smarter Ideas

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Ron Onrust tipped me on this informative article on Tokyo's/Japanese lightweigth public transport payment methods .

Postbank teams up with SPAR to provide cash-service-counters

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Het Financieele Dagblad reports that Postbank will open up 'service-counters' in the SPAR supermarket. This is a part of the ongoin...

Debts on current accounts...

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..are a real profit maker for banks. Het Financieele Dagblad reports that consumer credit in the Netherlands has increased with 3 % to 16,4...

ABN Amro e-banking usage figures

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E-merce reports that ABN AMRO started in April 2001 with banking via the Internet. Right now, 20 % of its 4,5 milion consumers and its 45.0...

Ten Banks End Online Gambling With Credit Cards

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New York State Attorney General Eliot Spitzer publishes this press statement that explains that ten banks end online gambling with credit c...

Congestion charges in London: payment by mobile and SMS

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Planet Multimedia reports that congestion charging has started in London. Payment of the 5 pounds charge may take place by using SMS or the...
Friday, February 14, 2003

Account number portability: Minister of Finance says more than was agreed to.....

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Yesterday the parliamentary Commitee that discusses finance issues, spoke with the (demissionair) Minister of Finance, mr Hoogervorst on the...
Thursday, February 13, 2003

Visa reports increased on-line usage

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This BBC article states that on-line sales in the UK have increased: Total Visa transactions Q4 2001: 14.5 million Q4 2002: 31.1 million Sa...

Nipo reports user will pay extra for 3G services

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Nipo-research shows that consumers may be willing to pay an extra 6 to 10 euro per month for 3G/UMTS services. Examples are mobile e-mail, M...
Wednesday, February 12, 2003

OFT's preliminary conclusion on Mastercards' Multilateral Interchange Fee

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The UK Office of fair trading has released a press statement and report in which it essentially explains that the MasterCard agreement, con...