Equiduct trading to use LCH.Clearnet for clearing and settlement
New security awareness forum launched to battle data loss events
Multi-channel core banking solution rolled out by Aspis Bank

Social networking sites like Facebook, MySpace and Bebo have exploded in popularity over the last eighteen months, with users quickly acquiring hundreds of online friends – but are they be prepared to lend them money? Duncan Jefferies examines the threat posed to traditional retail banks by peer-to-peer lending websites and asks if banks are blind to a looming rival?

Social lending companies allow people to both lend and borrow money to each other via a web-based platform. They aim to
offer better rates by cutting out the middle-man – namely, traditional banks. [Read More]