Category Archives: Uncategorized

xxx “Business onboarding, it concluded, is predominantly a manual, paper-based process, which is costly for the bank and slow for the customer, with new regulations, such as AMLD5, only adding complexity. The average time to onboard a business banking customer has increased to 32 days, with the total cost of KYC processes forecasted to increaseContinue reading “Customer onboarding is too costly and slow, concludes report – IBS Intelligence”

At the end of 2018 we put together our “live five” areas where we think our customers should be focusing on over the coming year. I think some people were surprised to see us put digital wallets on the list but we were sure, based on projects that we were already involved in, that walletsContinue reading “CHYP Wallets redux”

xxx But his manager was able to checked an app which tracked the driver’s steps and showed that contrary to his claims he had walked around the outside of the house and garden. From Amazon driver stole customer’s puppy while making a delivery, court hears. xxx

Here’s an absolutely typical fraud that we see in the UK on a daily basis. A Mr Pibworth instructed a firm of solicitors to pay money out of his client account at midday on January 25th of this year. It was a Friday (as is typical for these frauds). He asked for the money toContinue reading “‘Solicitor lost my £60k then tried to wriggle out of paying up’”

xxx The intention is that retailers will soon be able to offer cashback without the need for a purchase. From Lloyds looks to unlock access to cash. xxx

xxx British man flew from the Czech Republic to Newcastle on the wrong passport after accidentally taking his friend’s and leaving him stranded. Allan Poole, 43, from Whitley Bay, travelled from Prague to Newcastle via Amsterdam on a KLM flight. The passport was checked at least four times during the journey, but the mistake wasContinue reading “Whitley Bay man stranded in Prague after friend flew home on his passport – BBC News”

Our new and hopefully to be regular window cleaner was due twenty quid. They asked for cash, which of course I do not have, or a cheque, which of course I could not be bothered to deal with as it would have meant finding the cheque book and I have no idea where it is.Continue reading “OLD Confirmation of what?”

xxx “Tech-savvy churches are bringing in 97 percent more donations as they turn to contactless technology for their collection plates. The Church of England has been rolling out contactless collection plates across the UK since last September with churches in London, Greater Manchester, Merseyside and Peterborough at the front of the queue to try itContinue reading “Churches see rise in donations after introducing contactless collection plates – Keep The Faith ® The UK’s Black and multi-ethnic Christian magazine”

So here’s a really interesting problem that perhaps new technology might be able to help with. The problem is this: how do you have a fair lottery that allows the winner to remain anonymous? This is a genuine problem. Look at the lucky chap who just won $160 MILLION DOLLARS in a Jamaican lottery. HeContinue reading “POST Payments and identity and lotteries oh my”

xxx Both houses of the New Jersey state legislature passed the bill Thursday, leaving only Gov. Phil Murphy to decide whether businesses must still accept cash payments. From Bill outlawing ‘cashless’ businesses passes New Jersey legislators | PhillyVoice. xxx