Banks raising security standards -
In an age when internet ad tracking and social media have sharpened consumer awareness of digital privacy, Bloomberg's revelation that certain subscriber data was previously available to its journalists risks alienating the closely regulated world of finance. Citi bank is preventing traders in its foreign exchange division from using internal chat groups on their Bloomberg terminals. Bankers have said in the past that...
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Mobile Technology -
Mobile technology is rapidly reshaping the financial services industry and banks have recognised the need to invest strongly in technology to keep one step ahead of their rivals. In particular mobile banking is still a relatively new technology so anybody that is an expert in the field is likely to be valued highly and in great demand. The number of people in the UK using smartphones to access banking services has more than doubled in only three years and it is expected to draw in a billion customers by 2017. The upsurge has taken many City businesses by surprise. It has meant companies are....
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