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Brief: Egg manages Account Aggregation through Sleight of Hand


Source: UN, 13 June 2002
Submitted by Ann Light

Account aggregation - the provision of one front end for multiple financial institutions - was big news at the end of last year but it's taken till now and a by-pass of the regulations for its launch in the UK.

Best practice recommendations from APACS (the Association for Payment Clearing Services) involve collecting mutual consent for aggregating services from third-parties, but Egg has now found a way of launching its Money Manager service, which provides customers with one view of all their bank accounts, without requiring explicit permission from rival banks to access the customer bank account information they hold.

It comes with a fraud guarantee and stores a customer's personal security details encrypted on their own PC. They do not disclose these details to Egg or any other party, giving a greater measure of control and security, says the company.

other news

All change at the top for System Concepts
Source: System Concepts Ltd, 3 July 2009
 
Leslie Fountain has been promoted to joint Managing Director of leading usability consultancy System Concepts.

Life in UCD immortalised in fiction: you couldn't make it up
Source: UN, 2 July 2009
 
Sarah Herman's fictitious book on life in a user-centred design company has hit the shelves and The Guardian's book pages...

Interfaces Magazine - Issue 79: The Education Issue
Source: Interaction Group, 1 July 2009
 
The latest issue of Interfaces is now available as a free download from the Interaction Website.

Two new Behavioural research Tools from Noldus
Source: UN, 30 June 2009
 
Tool updates make on-site behavioural data collection easier.

Cell Phones that Listen and Learn
Source: MIT Technology Review, 29 June 2009
 
New software tracks a user's behavior by monitoring everyday sounds.

Top Six Don’ts for Usability Testing
Source: FutureNow Inc., 27 June 2009
 
Six tips for creating quality usability tests to ensure useful feedback from testers.

Usability: ‘Lovely software. But I can’t work it’
Source: FT.com, 26 June 2009
 
In a recent survey by Global Graphics, 77 per cent of office workers estimate they lose up to one hour a week because business software is difficult to use.

And what do you do?
Source: Dexo Design, 25 June 2009
 
How do you describe your job role? Here are the results of a recent 'Preferred UX/UI Title' Poll.

Most Doctors cite Usability as critical to Electronic Health Record Adoption
Source: TMCNet, 24 June 2009
 
It's all about 'meaningful use'.

Glossy monitors look good but can hurt
Source: QUT, 23 June 2009
 
A new advisory cites research which suggests high gloss monitors make users sit awkwardly.

 
 

 

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