50
BACKCHAT / DIARY Backchat
accounts belonging to the likes of Facebook’s Mark Zuckerberg and Twitter’s Jack Dorsey, claims to have briefly taken down HSBC servers in the US and the UK during July.
O
In a post on its website, the group (in best Borat-style English) said: “Hello Guys, today we checked HSBC Bank security, and their website was able to be attacked!, and now we took it down! if you are working on HSBC Bank, please contact us and we will stop the attack and we will let you know how to protect it from people attacks!”
In a second post, it announced it had called a truce after “a staff of HSBC Talked with us”. The bank has not responded to IBS Journal’s requests for comment. A case of ethical hacking, perhaps, following the news that the US Government opted not to pursue criminal charges against HSBC for allowing terrorists and drug dealers to launder millions of dollars, after former UK Chancellor George Osborne warned a prosecution could spark a “global financial disaster”.
Quote of the month, courtesy of MasterCard: “It is unfortunate to see the US class action system being replicated in the UK. All too often in class action cases, the only winners are the lawyers. If past experience is any indication, even the lawyers will be losers in this one.”
Just in case you missed this one, MasterCard is facing a £19 billion lawsuit for allegedly infringing EU laws by imposing anti-competitive interchange fees on the UK use of its debit and credit cards. The claim, led by former financial services ombudsman Walter Merricks, who has instructed US-based law firm Quinn Emanuel, is to be filed under the Consumer Rights Act 2015. Merricks claims the prices of everything UK consumers bought from 1992 to 2008 were higher than they should have been as a result of the unlawful conduct of MasterCard. The payments processing giant firmly disagrees with the claim. Natch.
Ewan MacLeod is leaving RBS and heading to Copenhagen, where he will take on the role of Chief Digital Officer at Nordea (more on this in our On The Move section). In his new job, he’s keen to work with FinTechs and has taken to social media to spread the word. “My first day is 1st September. In the meantime, I’d welcome your recommendations for any partners or finance/FinTech related companies I should be speaking with,” he writes on LinkedIn. MacLeod can be contacted via Twitter @ew4n or his personal website:
www.ewan.net
IN THE NEXT ISSUE Feature Focus: Treasury & Capital Markets (TCM) & Risk Technology urMine, a hacking group that recently compromised social media Diary
AUGUST 24-25: BankTech Asia, Jakarta
www.banktechasia.com
SEPTEMBER
8-9: FinovateFall, New York
http://fall2016.finovate.com
26-29: Sibos 2016, Geneva
www.sibos.com
OCTOBER
5-7: BAI Retail Delivery, Chicago
www.bai.org/retaildelivery
18-19: FinDEVr Silicon Valley
http://findevr.com
23-26: Money20/20, Las Vegas
http://money2020.com
NOVEMBER
8-9: BankTech Asia, Kuala Lumpur
www.banktechasia.com
15-18: Payments International 2016, London
www.icbi-events.com
For further information and a comprehensive listing of industry events, visit our website:
IBS Intelligence is a prominent media partner of many fintech industry events worldwide. If you are interested in a media partnership with us and marketing opportunities, please contact:
www.ibsintelligence.com © IBS Intelligence 2016
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52
