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Why have millennials stopped saving?

Banking 2020

In fact, we are in the same position we were in 2007 with the stock market at all-time high. We have short memories, and when you turn on the news or listen to the media about the stock market being at an all-time high and unemployment going down, people think all is OK.

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EMV migration myths: three lessons for the US market

Banking 2020

However, it’s not that simple: counterfeit fraud rose significantly in 2007 and 2008 as issuers saw a steep rise in cross-border counterfeit fraud. In the UK, losses from domestic counterfeit card fraud fell straight away. Counterfeit fraud was cut by two-thirds in the years immediately after EMV rollout.

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Five EMV lessons for the US

Banking 2020

In the UK, counterfeit card fraud at first fell sharply but then picked up in 2007 and 2008 as it shifted abroad. But what other lessons can we glean from past experiences of EMV roll-out in other countries? Less face-to-face counterfeit fraud. It’s getting harder for criminals to use stolen EMV card details abroad.

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From Online to Mobile to Mobile-Only

Banking 2020

Quite simply, mobile banking can effectively change the world by bringing banking to communities that otherwise have no access to it. Originally created for Kenya, there are now similar services in other developing markets, with many more planned.

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Can faster payments outrun fraud?

Banking 2020

In the UK, the scheme was launched nearly seven years ago back in May 2008, and in the years following there was a surge in online banking fraud. million in 2007 to £52.2m After receding, online banking fraud losses jumped again last year to reach more than £60 million. Losses went from £22.6 in 2008 and £59.7 million in 2009.

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The Mother List of All Banking Books

Jeff For Banks

2019 Mehrsa Baradaran Baradaran, Mehrsa The Color of Money: Black Banks and the Racial Wealth Gap 2019 Neil Barofsky Barofsky, Neil Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street 2012 Patricia Beard Beard, Patricia Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley 2007 Ben S.

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Are Big Banks Too Big to Fail?

Banking 2020

When it comes to the expansion of Too Big To Fail institutions in this country, we now have more than one 800-pound gorilla in the room, and all of them have been gaining weight rapidly since 2007.