TITLE

UK Flummoxed by Web Scams

AUTHOR(S)
Fest, Glen
PUB. DATE
June 2006
SOURCE
Bank Technology News;Jun2006 Supplement, Vol. 19, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the efforts of banking institutions in Great Britain to combat the rising cases of online financial fraud. In its fight against fraudulent transactions, Barclays Bank PLC has imposed a strict limit on external online account transfers. The Barclays decision came after previous decisions to delay intra-bank transfers in order to allow fraud investigations. Other banks such as NatWest Bank PLC and HBOS PLC have utilized same-day delays on real-time transactions.
ACCESSION #
21470441

 

Related Articles

  • Catching Crooks, or Crimping Customers? Fest, Glen // Bank Technology News;May2006, Vol. 19 Issue 5, p12 

    The article reports on the imposition of a strict limit on external online account transfers of 1,000 pounds on Web banking customers by Barclays in England. The limit, which has already practiced by banks like NatWest and HBOS, is designed in order to combat a rash of fraud losses from phishing...

  • Web Security: Barclays Takes Different Path. Wolfe, Daniel // American Banker;6/14/2006, Vol. 171 Issue 113, p1 

    The article reports that Barclays Bank PLC has started distributing third-party antivirus software to its Internet banking customers in Great Britain, which comes after fears from other banks that such a move could turn the bank call center into a tech-support hotline. Many banks recommend...

  • Barclays readers welcome but no cure-all, say experts. Knights, Miya // Computer Weekly;4/24/2007, p5 

    The article reports that Barclays Bank PLC's rolling out of handheld card readers to 500,000 online banking customers has been welcomed for raising security awareness among consumers, but it may do little to stop real-time phishing attacks, security experts have warned. Barclays said last year...

  • How Britain's bankers lost the plot. Fray, Stephen // Management Today;May99, p52 

    Relates the story of how Great Britain's `Big Four' lost control of management and their corporate vision. Consequences of the competitive structure of English banking; Barclays' marketing strategy; Natwest's investment banking approach; Midland's bankruptcy in 1985; Lloyds TSB chairman Brian...

  • Barclays: Internet scam victim.  // MarketWatch: Financial Services;November 2003, Vol. 2 Issue 11, p16 

    Focuses on the impact of the occurrence of an Internet scam on the damage of consumer faith of Barclay's online banking consumers. Barclay's number of customers; Security details of Internet banking services; Account information.

  • NatWest pours ...4m into online brand. Rosier, Ben // Marketing (00253650);3/9/2000, p4 

    Focuses on NatWest Bank's plan to begin its television campaign for its online banking operation, NatWest.com in Great Britain. Efforts to fight back against the wave of new web banking brands; Estimated number of online customers being recruited each day; Advertisements' emphasis on the theme...

  • NatWest.  // PC Pro;Apr2016, Issue 258, p87 

    The article reviews the online and mobile banking services offered by NatWest.

  • Untitled. Flinders, Karl // Computer Weekly;6/22/2010, p79 

    The article discusses a research report by Forrester Research Inc., on Web sites of different banks of Great Britain. The report states that the Web site of Co-operative Bank PLC has the best content and functionality. While the Web site of NatWest Bank PLC was placed in the second position in...

  • NatWest revamps logo and branches. Chandiramani, Ravi // Marketing (00253650);1/30/2003, p10 

    Focuses on the rebranding activities introduced by online bank NatWest. Introduction of a logo for the brand; Features of the logo; Business developments in NatWest.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics