View more on these topics

Internet Fraudbuster launched

Fraudbuster, an internet fraud screening application, has been launched by IT company TrustMarque.


The company claims the system will reduce fraud risk on credit card purchases and e-commerce from 8 per cent to 1 per cent.


Every credit card transaction is validated by a financial institution and further analysed by Fraudbuster. Once an order has been validated by both systems an order is cleared for delivery.


TrustMarque chief executive officer John Williams says: “This fraud screening technology should be integral to any e-commerce strategy. If not, e-merchants are leaving the door wide open for internet fraudsters.”

Recommended

Cost of home ownership continues to rise in London

The cost of owning your own home has fallen throughout the country, as it continues to rise in London.Cheltenham & Gloucester&#39s latest Affordability Index shows Londoners pay £35 out of every £100 of take home pay, an increase of £1.00 on the pervious index.C & G say the increase in property prices has been more […]

Barclays to close 200 branches

Barclays bank is planning to close up to 200 of its smaller high street branches next year.The move comes as traditional clearing banks see increasing numbers of customers switch to other forms of banking.Barclays is the second biggest retail bank after Lloyds TSB, with 1,900 branches. The latest closures are in addition to the 50 […]

Insurance Ombudsman appointed

Tony Boorman has been appointed as principle Insurance Ombudsman with the Financial Services Ombudsman Scheme and takes up the post from March 2000.The appointment has made jointly by the FSOS and the Insurance Ombudsman Bureau.IOB Council chairman Maurice Healy says: &#34Tony Boorman brings substantial experience in consumer affairs to the Bureau. He will lead the […]

Friendly Societies – Financially Excluded

The Association of Friendly Societies is welcoming the Government&#39s report on financial exclusion.But AFS has blasted the Government for failing to recognise the contribution Friendly Societies have made in this area.The Association sees the report as a positive commitment to improving access to financial services for those traditionally ignored by financial service providers.AFS general secretary […]

Tax year-end planning for annual allowance

Last tax year-end there was a lot to think about in relation to planning. The introduction of the tapered annual allowance and the implications of moving to a fixed pension input period, the reduction in the lifetime allowance and potentially applying for protection, and the concern about changes to tax relief, to name a few. […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment