Archive for: November, 2008
Matt White - Finextra - London | 24/11/2008 | 2578 views | 2 comments
With tough times upon us, state and local governments in the US are looking to make a few quid by auctioning surplus goods online.
Businessweek reports that everything from helicopters to armored personnel carriers to deep fat fryers are up for grabs on sites like eBay and specialist outfit GovDeals.com.
The Spartanburg County, SC, Sheriff's Offi...
Matt White - Finextra - London | 24/11/2008 | 2005 views
With the dire state of the economy forcing people to tighten their belts, it seems most Americans would rather forgo that pair of socks or pointless gadget this Christmas in favour of something they can actually make use of - a gift card.
Research from the National Retail Federation suggests 55% of Americans will ask Santa for a gift card this yea...
Tags: Cards, Retail banking
Matt White - Finextra - London | 14/11/2008 | 2005 views | 3 comments
Dave Birch, on his Digital Money blog, has found what may well be the fintech geek's ultimate fantasy - a payments terminal in the shape of a life-sized android.
Developed in Japan (of course) by NEC, the robot lets you make payments by selecting the appropriate e-money icon on the touch screen panel embedded in his torso before swiping your NFC-e...
Tags: Cards, Payments
Matt White - Finextra - London | 03/11/2008 | 4320 views
The FT reports the launch of a new Mastercard credit card in oil and mineral rich Kazakhstan. Big deal, you may say, but this is no ordinary piece of plastic - it's inlaid with a 0.02 carat diamond and laced with gold.
To be issued by Kazkommertsbank, the card has a $1000 annual fee and $50,000 credit limit.
Predictably, the FT points out the inc...
Tags: Cards, Retail bankingGroup: Whatever...