Skip to main content

Home/ ITGS News/ Group items tagged banking

Rss Feed Group items tagged

Kristin O

BBC NEWS | Business | HSBC bank 'to offshore more jobs' - 0 views

  •  
    This article is about HSBC's pplans to keep outsorucing clerical jobs in diferent countries. This has many owrkers upset because they feel this is eliminating their jobs and putting caps on their wages. THe social and ethical issues involved are Equality of Access and Policies and Standards. There are impacts on the Bank as well. There is the economic impact, they are saving alot of money for setting up call centers they save about $20,000 - $30,000 per job it moved into the call center. There is a psycological impact the bank has to deal with and that is of their unhappy workeres in their base country. Finally there is a global impact, with more call centers the bank may be able to gain new customers in those countries. THe relevant stakeholders besides the banks are, the workers of HSBC bank, customers of the bank, politicians and media, other countries where centers are set up. This includes, India, China, Malaysia, Phillipines, Sri Lanka and Vietnam. The primary IT System are the call centers. This involves the use of WANs and LANs. There are also vairous ways in which call centers can be set up. They can use cloud computing or even be created virtually through the development of software as a service. The employee would only have to susbscirbe to a software that would allow them to work in the center, this makes it easier to receive updates as well.
sarah d

AML Case Study: New Way to Fight Fraud - 3 views

  •  
    The IT system is the behavior-based software that uses artificial intelligence. the stakeholders are the bank implementing this software and the customers of the bank. The area of impact is business and employment, specifically banking. The issue with the use of this system is reliability. If this software is not reliable, then the customers at the bank are less protected from fraud. Also an issue that arises from the use of this system is security. The use of this system is to protect against fraud. However, if the computer becomes insecure, fraud would not be detected. 
  •  
    This is a really interesting case. Although it's not robots that one can see that are being used, banks are using artificial intelligence to help them recognize patterns and catch fraudulent people. Small banks are the real stakeholders in this case, and they want to protect their customers and their finances. The automation of the fraud-catching has given the banks more time and makes it easier to handle all the paperwork necessary for a case.
Jialin C

Banks to send IT roles offshore - 1 views

  •  
    An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax location that provides financial and legal advantages. These advantages typically include: low or no taxation and easy access to deposits. This article discusses how the TSB bank is offering IT roles in India based on the back's outsourcing plans. According to the spokesman, the UK IT jobs would be offshored to support international growth of services; which would result in a dramatic cut to the domestic IT workforce. The primary stakeholders, are the the domestic IT staff and the IT roles that are being established in India and Africa.
Madeline Brownstone

BBC NEWS | Technology | Hackers prepare supermarket sweep - 0 views

  •  
    Self-checkout systems in UK supermarkets are being targeted by hi-tech criminals with stolen credit card details. A BBC investigation has unearthed a plan hatching online to loot US bank accounts via the checkout systems.
  •  
    Self-checkout systems in UK supermarkets are being targeted by hi-tech criminals with stolen credit card details. A BBC investigation has unearthed a plan hatching online to loot US bank accounts via the checkout systems.
Madeline Brownstone

BBC NEWS | Technology | US urges 'cyber hygiene' effort - 0 views

  •  
    Phishing attacks are specifically aimed at getting people to divulge personal information like social security numbers or bank details.
  •  
    Phishing attacks are specifically aimed at getting people to divulge personal information like social security numbers or bank details.
Madeline Brownstone

How to foil ATM card skimming - 0 views

  •  
    This is not a legitimate newspaper, but if you want to do a portfolio on this look for a news item reporting on it.
Rubayeth M

Ohio bans offshoring as it gives tax relief to outsourcing firm - 2 views

  •  
    In Milford, Ohio the governor Ted Strickand is trying to stop all outsourcing because his two major reasons are the "threat of of a job but an IT security risk." Then it goes more deep saying how more than 90% of the workers are Indian and 7% and lower have job in America. Strickland is more concerned with the issues which are jobs, data security, privacy,and identity theft risks.
Madeline Brownstone

A survey of technology and government: E for express | The Economist - 0 views

  •  
    This article raises a number of issues related to e-government and the use of mobile phones for government transactions. It appears that India embarked ahead of more developed nations in the West to go electronic. The problem of access to phones and widespread illiteracy is discussed and raises some important concerns.
Madeline Brownstone

BBC NEWS | Business | Personal data exposed on website - 2 views

  • Last month, it was revealed that a laptop computer with details of 109,000 members of six pension schemes had been stolen from offices in Marlow in Buckinghamshire. The data, which was not encrypted, included names, addresses, dates of birth, employers' details, national insurance numbers, salary details and, in the case of those receiving their pensions, their bank details too. Last October, a laptop containing personal details of more than 100,000 members of the Network Rail and British Transport Police pension schemes was stolen from the accountancy firm Deloitte. And in November 2007, HM Revenue and Customs lost two computer discs that held the entire child benefit database, including the personal details of 25 million people, covering 7.25 million families. If a business regularly fails to safeguard sensitive information, it can be served with an enforcement notice by the Information Commissioner. Any breach of such a notice is a criminal offence.
Madeline Brownstone

BBC NEWS | Programmes | Moneybox | Bank upgrade is excluding blind - 2 views

  •  
    "Visually impaired customers of American Express say they can no longer read their credit card statements online. In December Amex changed its format for UK statements from HTML to Portable Document Format or PDF. However, it failed to encode the new PDF documents so they could be read by "screen readers," special software used by blind or partially sighted people. "
Joel Lubi

Health Care in Brief - 0 views

  •  
    This short article discusses The Medical University of South Carolina's effort to start the Biomedical Research Bank, a collection of donated samples of blood, tissue, and bodily fluids with identifying information contained in a database. Then, by searching this medical database for specifics, researchers could easily find information necessary for research and various studies, and potentially reach their goal of "personalizing medicine".
1 - 12 of 12
Showing 20 items per page