Avivah Litan

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Archives for November, 2011


Apple starts its foray into mobile payments

by Avivah Litan  |  November 8, 2011  |  Comments Off

I was very excited to read this blog in Computerworld about Apple starting to link its iTunes wallet service to physical world payments: http://blogs.computerworld.com/19233/apple_quietly_begins_iphone_as_wallet_in_store_trials?source=CTWNLE_nlt_blogs_2011-11-08 It may be a slow start – and a long leap to go from barcode scanning at Apple stores to NFC payments anywhere accepted – but it’s a start for leveraging [...]

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Rogue traders need simple controls not fancy technology

by Avivah Litan  |  November 1, 2011  |  Comments Off

Executives at many U.S. and global financial institutions are pounding on their risk managers to make sure they are not the next victim of a UBS-style rogue trading multi-billion dollar fiasco. Of course, many of the vendors engaged in data mining, analytics, and fraud prevention have taken notice and are pitching their wares to these [...]

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