What we are reading … 19th March 2013

The On/Off Debit Card Switch Comes to Centier Bank's Mobile App http://dld.bz/cqKUW

For Students, Banking 2.0 Involves Social Media (and the Ads That Go With It) http://abcn.ws/WispBC

Royal Bank of Scotland rolls out 'Ideas Bank' http://www.finextra.com/News/FullStory.aspx?newsitemid=24637

The Hunt for India Bank Licenses - India Real Time http://dld.bz/cqKUP

More Banks Hit by Cyberattacks than Initially Thought http://dld.bz/cqvD4

Doctor 'used silicone fingers' to sign in for colleagues http://bbc.in/XorS2U

One Per Cent: Bitcoin add-on makes your virtual purchases private http://shar.es/e7lI4

Mobile: Think Outside The Bank

The old term 'banking hours' has been rendered moot by mobile technology, as financial customers expect to access their account information 24/7 from their home, office or smartphones. Financial institutions, keen to grab their share of what is expected to become a $400 billion industry by 2015, are developing mobile initiatives which can reduce costs, increase revenue and create a more integrated user experience for their customers.

7 Money Hacks You Must Know

“Just before the Enron scandal broke, the company’s CEO immediately put his money into annuities—in his wife’s name.

Why? Because those assets are creditor-protected, so they can’t be seized (in this case, by the government).

This is just one example of many—remember the14% tax rate Mitt Romney paid on his $13 million income?—illustrating how extremely wealthy people get the most from their money. And most of them do it legally.”

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What we are reading … 18th March 2013

Mobile Privacy: The Regulatory Trends - BankInfoSecurity http://dld.bz/cqwfn

Lost ATM card? Turn it off with this mobile app http://dld.bz/cqwcP

NAB installs new IT overhaul boss in search of A$800m savings http://dld.bz/cqwby

Bitcoin Tipper lets users tweet virtual currency http://dld.bz/cqKUK

UK bank fraud up in 2012, but how much do customers lose? http://dld.bz/cqwaZ

Mobile Payments: Managing Vendors http://dld.bz/cqvZe

Telcos losing mind-share in mobile wallet race http://www.finextra.com/News/FullStory.aspx?newsitemid=24629

Mitigating SEPA Compliance Risk http://www.finextra.com/Community/FullBlog.aspx?blogid=7452

Canadian police use YouTube to catch ATM thieves

Canadian police have hailed the power of social media after a YouTube video helped catch a gang suspected of breaking into more than 100 ATMs and stealing hundreds of thousands of dollars.

Last November, the Halton Regional Police service decided to post its first video on YouTube, featuring CCTV footage of attacks, in a bid to generate leads.

They offered a $25,000 reward for information leading to the arrest and conviction of the suspects involved in numerous break & enters across Ontario and Quebec where they targeted ATM machines using an Oxy-Acetylene torch.

With more than 60,000 views, the video has been "instrumental in generating leads which helped police to identify and arrest four people" in connection with the attacks.

The four gang members, Pierre Poirier, William Nolin, and Rejean and Maxime Lavigne have been hit with 65 charges with another 50 set to come from other jurisdictions.

What we are reading … 15th March 2013

Banks Saved, but Europe Risks "Losing a Generation" http://twb.io/13PoBuP

Digital Certificates Hide Malware http://dld.bz/cpJ25

Mobile Payments in Search of Customers at SXSW http://dld.bz/cqg6E

U.S. Intelligence Chief Says Cyberattacks Could Disrupt Financial Networks http://dld.bz/cqg2C

FDIC Secretly Settling Bank Cases For Years With 'No Press Release' Clause: Report http://huff.to/ZuX6Qi

Who can boss the banks? http://bbc.in/12OL0ZZ

How A Box Of Cereal And Acting Like A Cockroach Helped Airbnb Become A Billion-Dollar Business http://dld.bz/cpJ23

Absa unveils portable bank http://shar.es/e3qqy

Facebook Design Changes Offer Opportunity for Banks http://dld.bz/cpJ2v

More Enforcement Actions Are Coming

“The enforcement landscape has been altered by Dodd-Frank's enhancement of bank regulatory powers and the creation of the Consumer Financial Protection Bureau. In addition to a continued focus on consumer protection, several other enforcement trends are likely to dominate in 2013.”

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