Visit To Barclaycard  

On Friday 11 November I visited Barclaycard in Northampton. They are our largest private sector employer and I was interested to hear about the new technology they are working on, how they are dealing with the growing problem of fraud and the work they do in the community. Technology is progressing very fast. We have only just got the hang of chip and pin cards but advances in technology will soon see contactless technology become the norm. There is also talk of payments being made using our mobile phones. Advances in technology, like these are aimed at helping small and medium sized businesses (SMEs) with faster, easier and more efficient transactions. Of course, the danger of advances in technology, especially in financial services is the inevitable rise in fraud, but it was interesting to hear how Barclaycard are dealing with it. In order to deal with fraud they need to stay one step...