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A community to discuss the future of financial services and any other interesting trends, strategies, ideas, views.
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Paul Penrose Head of Research at Finextra
We don’t usually give much currency to business awards on Finextra. In the fintech sector they’re usually just another money-making wheeze dreamt up by desperate advertising execs at trade media outlets. You know the form: buy a table for £4000 and you too could walk off with best OMS widget award for 2007. Satirical re-insurance Website riskbitz ...
03 May 2007 /retail
John Doyle Director at The Payments Business
See also Recovering Bank Charges - 1 Recovering Bank Charges - 2Recovering Bank Charges - 3 The 40 days are up and I called the call centre and spoke to Gary. The bank have apparently been trying to contact me (how?) to tell me that although they have received my request, they haven't received my £10. Given that this is my bank, and nowadays has ...
26 April 2007 /payments
Elton Cane Digital product delivery at News Corp Australia
After many years of talking about the need for core banking system replacement among US banks, it seems that foreign and domestic vendors are finally making some headway. But if the predicted boom in replacement projects emerges, where will the banks and vendors find the required technical and business staff to do the work? i-Flex has been target...
23 April 2007 /retail /wholesale
See Recovering Bank Charges - 1 and Recovering Bank Charges - 2. Just an update I am afraid - no results, yet! I hadn't heard from the Alliance & Leicester so over the weekend I called their call centre for an update. 'We do have 40 days in which to respond you know Mr. Doyle', Anne in Ashford said; 'and it is only 35 days'. She was somewhat ...
16 April 2007 /payments
Retired Member
Superb piece of research from Chris, detailing Paypals history since inception in Dec 98, with statistics, and more importantly, why they were successful. "In fact, although many of us think PayPal displaces banks, it actually enhances banking services as demonstrated by the bank services behind PayPal. For example, PayPal runs through Wells F...
11 April 2007 /payments /retail
I blogged here last August, that it was predicted Man in the Middle attacks would defeat tokens, and sure enough here we go. "The bank says that its customers opened an email attachment that resulted in a virus being executed on their machines. This virus changed their browsers' behaviour so when they went to open the real ABN Amro online ban...
03 April 2007 /security
Spam (noun) is commonly defined as an unsolicited commerical message sent indiscriminantly to mass recipients. Is this what HSBC is trialling in the name of marketing? The initial message it is sending out to all activated phones near its branches is certainly unsolicited (though one could argue that if people leave their bluetooth turned on all th...
02 April 2007 /retail
Last week, as Visa USA president and CEO John Coghlan called for closer collaboration between the payment card and mobile industries (see Finextra article here), how this collaboration might work in practice was being discussed at the Digital Money Forum event in London. O2 is one of the network operators currently investigating near-field communic...
02 April 2007 /payments /retail
Wells Fargo launched its first blog Guided by History a year ago today. Initially intended as a short-term experiment, the US bank has been so impressed by the experience that it has since launched three other blogs and created a social media unit to manage its activities in the space. In the studentloanddown, a blog created to plug Wells Fargo ...
30 March 2007 /retail
The latest upgrade to the Skype internet telephony system is now available for download in beta format. Significant new features include the ability to incorporate a video snapshot and to send and receive money across the network using PayPal. If you’re adventurous and an experienced Skype user you can download the Skype 3.2 Beta for Windows versio...
29 March 2007 /payments /retail
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