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Paul Penrose

I went to buy a toaster and it came with a free bank

The credit crunch is no laughing matter, but as any psychologist will tell you, laughter is a way of dealing with extraordinary events that challenge our system of beliefs. So, in the interests of goo...

10 Oct 2008
Whatever...
Paul Penrose

Sign of the times

A digital clock erected in Times Square to show the US national debt has run out of digits. When the national debt level passed the $10 trillion mark a couple of weeks ago, the digital display failed ...

09 Oct 2008
Paul Penrose

Message to Barclays: Don't call us, we'll call you

As a Liverpudlian, I'm pleased to see Barclays creating new jobs in my home town. But as a Barclays' customer my heart sinks at the creation of this new 'proactive' call centre. Explaining the investm...

09 Oct 2008
Paul Penrose

The silent but deadly bank run

"We are not currently processing any deposits or any withdrawal requests through our Icesave internet accounts. We apologise for any inconvenience this may cause our customers. We hope to provide...

07 Oct 2008
Trends in Financial Services
Paul Penrose

Barclaycard logo saves world

Barclaycard has unveiled a new logo and visual identity. It is a break from the logos used by the bank during the last four decades, which had been designed to be seen on the traditional plastic card....

02 Oct 2008
Paul Penrose

Crisis-hit banking sector picked over by retailers

Tesco's decision to expand its banking business looks like a smart move, as consumers seek a safe haven for their cash away from the carnage in the traditional banking sector. UK supermarket chain Tes...

01 Oct 2008
Trends in Financial Services
Paul Penrose

Any fool can be a money mule

The Netherlands Bankers Association have launched their own inimitable viral-style Web campaign to alert people to the dangers of easy-money mule recruitment tactics (hat-tip to Linkdump). Although ...

26 Sep 2008
Video extravaganza
Paul Penrose

Wall Street is history

Wall Street is history. Official. The news from New York that Wall Street's last two investment banks Morgan Stanley and Goldman Sachs are to convert into tightly regulated bank holding companies mark...

22 Sep 2008
Trends in Financial Services
Paul Penrose

Swift's new logo shock

In protest at this 21st century corporate mania for re-branding I suggest we go back to the original source material (as legend has it) and give Swift a distinctively groovy, retro feel.

11 Sep 2008
Finextra@Sibos
Paul Penrose

Sibos jetsetters go carbon neutral

Payments professionals jetting off to the Sibos international banking show in Austria next week can offset some of their planet-warming carbon emmissions by taking part in a simple online survey on Fi...

10 Sep 2008
Finextra@Sibos
Paul Penrose

The contactless wristband

Antony Jenkins, CEO of Barclaycard says contactless chips have huge untapped capability, but the plastic around the chip limits its potential. "Take the plastic away and the possibilities are end...

09 Sep 2008
Futuristic Banking
Paul Penrose

Bad timing at the LSE

Chi-X chief Peter Randall must be having a field day. Just three weeks ago he warned that the LSE's decision to lower its pricing in advance of plans to upgrade capacity on its shiny new TradElect pla...

08 Sep 2008
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