SEB Kort, through its redemption unit Euroline, has become the first organisation in Sweden to offer 3DSecure, a new customer-friendly standard for secure credit card payments via e-commerce. The introduction of the system will allow shops, travel agencies, tickets and events companies to offer their customers the possibility to pay with credit cards on the Internet in a safe and simple manner. 3DSecure allows the card company to identify and approve the buyer, after which, the shop is guaranteed payment from Euroline. 3DSecure functions in such a way that when the customer wants to pay, he/she has to state his/her card number. With the use of coded communication, the information is confirmed by the card company through a special security server. The customer identifies himself/herself with a password, then the bank verifies this information, and the seller gets the okay signal to carry out the purchase.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.