What we are reading … 9th January 2013

The Platinum Coin Trick http://www.nysun.com/editorials/the-platinum-coin-trick/88136/#.UOexVX1taX8.twitter

Intuit Survey: Mobile Banking Is Pathway to Profits http://dld.bz/bXB6y

Capitec fingers Absa in banking glitch http://dld.bz/bXQ8e

The Financial Services Club's Blog: 2013: an Economic Outlook http://shar.es/47oPt

NFC Across The Sea: MasterCard PayPass' European Success http://dld.bz/bXB6w

Bank of America to pay Fannie Mae billions to settle mortgage claims http://bbc.in/WnOrgs

The Financial Services Club's Blog: Ten wild predictions for 2013 http://shar.es/4WuWB

Wells Fargo, Ally Bank See the Camera as Key to Mobile Banking http://dld.bz/bWRAn

Nigeria :Mobile Money Transactions To Hit N151bn By 2015 http://shar.es/43ijY

European banks 'to cap cash bonuses in 2013 http://dld.bz/bXB6h

Bank of America's Plan to Drive Mobile Banking Beyond 12 Million Users http://onforb.es/VMwlVl

Square readers now available through Starbucks http://dld.bz/bXB6b

Branches Are Catching Up to the Digital Age http://dld.bz/bXdfD

The US in 2013: Economics trumps politics? http://bbc.in/VIeMqp

Nations prepare for cyber war

“Security analysts are predicting that 2013 is when nation-sponsored cyberwarfare goes mainstream -- and some think such attacks will lead to actual deaths.

In 2012, large-scale cyberattacks targeted at the Iranian government were uncovered, and in return, Iran is believed to have launched massive attacks aimed at U.S. banks and Saudi oil companies. At least 12 of the world's 15 largest military powers are currently building cyberwarfare programs, according to James Lewis, a cybersecurity expert at the Center for Strategic and International Studies.” <<READ MORE>>

How is technology changing the way we use money?

How is the financial industry changing and what are the opportunities? Three entrepreneurs working on changing the way we think of banks and money give their views.

Jeremias Kangas from localbitcoins.com is a proponent of the crypto-currency Bitcoin and believes that digital cash is the future. Kristoffer Lawson from Holvi talks about the decentralization that we have seen in other industries coming to the banking sector. Peter Ollikainen from Mistral Mobile talks about the opportunities and challenges for technology to provide financial services in developing countries.

This video was recorded as a part of the seminar Banking 2.0 - the future of money.

What we are reading … 8th January 2013

Square's 'Free' Reader - Costs $10 http://bankinnovation.net/2013/01/squares-free-reader-only-costs-10/

Mobile banking will take time to catch on and pay off http://dld.bz/bXqtR

Google dodges major antitrust bullet http://cnnmon.ie/Vz8pGt

At Smaller Banks, Bosses' Paychecks Become Bigger http://dld.bz/bXqtQ

The star-studded history of CES celebrity gadgets http://money.cnn.com/gallery/technology/2013/01/06/ces-celebrity-gadgets/

NCR/uGenius Technology Deal Targets Growth of Video ATM Technology http://twb.io/VxDhd3

Barclays Among Banks Asked by to Cap Zimbabwe Rates http://bloom.bg/UAqcxT

Drowning in the Nigerian MobileMoney Data quagmire http://shar.es/43i5d

3% Unemployment Among Infosec Pros? http://dld.bz/bXB5W

The Top 5 Retail Checking Tips For 2013 http://bit.ly/UqCLMa

The Role of 'Intelligent Security' - BankInfoSecurity http://dld.bz/bXqtP

Mobile Banking: A Bonanza (or Bust) for Banks? http://dld.bz/bXqtN

Virtual Payments: The Cure For What Ails Healthcare Providers http://dld.bz/bXqtE

Enhance Payments Security with Mobile Apps http://dld.bz/bXqtD

Vendor Management Considerations in an Acquisition Environment http://dld.bz/bXqtB

More AML Penalties to Come? http://dld.bz/bXdfK

It is a good time to be a corporate investigator

“Sherlock Holmes once remarked that: “It is my business to know what other people don’t know.” These days, detective work is a huge business. Thanks to globalisation, there is a lot that companies would like to know but don’t, such as: is our prospective partner in Jakarta a crook?

Corporate detectives sniff out the facts, analyse them, share them with clients and pocket fat fees. Yet, oddly for a multi-billion-dollar industry devoted to discovering the truth, little is known about private investigators.” <<READ MORE>>

Banks win more flexible liquidity rules from Basel

International financial regulators have eased rules on minimum quantities of cash and liquid assets all banks must hold, set to take effect in 2015.

The agreement, by the body that oversees the Basel Committee on Banking Supervision, is an attempt to make banks less vulnerable to runs. The new "liquidity coverage ratio" will be phased in from 2015 and take full effect four years later. <<READ MORE>>

What we are reading … 7th January 2013

More AML Penalties to Come? http://dld.bz/bXdfK

Account Takeover: The 2013 Outlook - BankInfoSecurity http://dld.bz/bXdfE

Uganda:Fraud, fake notes hit mobile money services http://shar.es/4aVUb

Branches Are Catching Up to the Digital Age http://dld.bz/bXdfD

Mobile Banking's Future to Include Voice Recognition, Wells Fargo's Ellis Says http://dld.bz/bXdfB

DDoS Hacktivists: No U.S. Bank is Safe http://dld.bz/bXdf9

5 Cloud App Trends To Expect In 2013 http://twb.io/UaRHMC

Africa: World's Unbanked at 2.5 Billion http://shar.es/4aVAI

From increments to exponents: 13 banking trends for 2013 http://www.finextra.com/Community/FullBlog.aspx?blogid=7246

PYMNTS Prophecies: Our Take On Eight 2013 Predictions http://dld.bz/bXdf5

Debit, Credit Card Hybrids Fall Flat http://dld.bz/bXdf3

Square lands on 2012 top 10 list for venture funding http://dld.bz/bXdfz

Restaurants, small biz should look to mobile payments for competitive edge http://dld.bz/bWRAA