Tag Archives: banking

Forward Looking or Tired and Reactionary? Welcome to the Faux Community Site

You’re familiar with the faux blog — a blog launched by a marketing company to look like a grassroots blog to promote a product, but actually maintained by PR drones. Naff is probably the word that springs to mind. But how about the faux community site? What word springs to mind when you visit YourPointofView.com,… Read More »

Another Ratchet Up in the Phishing War

I must confess I’m not sure how it works, but it seems like an interesting, but potentially flawed, approach in the battle against phishing. German bank PostBank, IDG reports, has launched a new system to combat phishing, extending the existing German practice of using transaction numbers, or TANs: Until now, Postbank customers transferring money from… Read More »

Banks To Customers: You Have To Pay For Phishing

Good article in Australia’s BRW Magazine about phishing and banks. It makes some important points, not least that banks are still trying to talk down the problem while at the same time passing costs and risk onto the customer: Banks are desperate to assure their customers that internet banking is safe. But their actions are not… Read More »

Phishers Force UK Banks To Delay Transfers

Another sign that phishing is taking its toll on the quality of service banks can offer online customers: The Times reports that UK banks are introducing delays in intra-bank payments to try to combat fraudulent transfers caused by phishing attacks: This week Barclays introduced a one-day delay for transfers. A spokeswoman said: “This delay enables us… Read More »