Looks totally North American to me. The rest of the world is so far ahead in fintech that it probably does not matter.
15 Jan 2016 15:34 Read comment
Whilst I am sure that Mr. Garner is very well qualified I am sad that it was neccessary to seek an outside appointment and that Nationwide had not trained a successor in the 10 years that Mr. Beale has been CEO.
17 Nov 2015 12:10 Read comment
The rest of the world has had EMV on debit and credit cards for more than 10 years. Only the US has used mag stripes during that time and accounts for half of the world's credit card fraud. Here in the UK we have had standing orders for 50 years and variable amount direct debits for 40 years. We have instant internet transfers between banks and cheques are hardly ever used. As a result, the majority of bank users are satisfied with their lot and don't need an insecure payment method such as a mobile telephone.
07 Oct 2015 08:22 Read comment
Who cares who appears on banknotes? Why do we even need pictures of people on banknotes?
02 Oct 2015 07:40 Read comment
I'm sorry, but a survey of 1,000 people in the U.S. is never going to give any decent information and basing detailed analysis on such an incredibly minute sample is foolish. The population of the U.S. exceeds 320,000,000.
22 Sep 2015 11:04 Read comment
I must have missed something in this press release. Where is the MEA office?
09 Sep 2015 04:57 Read comment
Whilst I am sure that the findings of the survey of 1000 people were accurate, where were these 1000 people found - 20 from each state of the union and each one of those 20 from a different age group, background and environment? I very much doubt it. As a result, I find the conclusion unbelievable without the breakdown of the background of those surveyed.
07 Sep 2015 13:43 Read comment
Why is this a surprise? It was flagged last year and nothing has changed. It is not only banks, but government institutions and many major businesses that are in the same position. The cost of upgrading is huge, because it is not just the cost of licences from Microsoft, it is also the cost of the hardware, since Windows 8.1 and Windows 10 need much bigger PCs that the banks and others have installed. Then there is the training cost to educate users. It is a critical problem, but one caused by Microsoft, not by the banks. It was Microsoft who decided to discontinue support, principally because they want to force their users to upgrade and make more money. Perhaps the banks need to schedule to move to a newer system, but not one from Microsoft.
19 Aug 2015 22:39 Read comment
Eliminating cash will not stop the theft of money. Electronic theft of funds will just get more sophisticated. Eliminating cash will not stop criminal activity. Establishing bank accounts in countries with less rules about ownership will enable criminals to move funds with impunity. This is an interesting article, but rather naiive. Cash is still used in more than 50% of transactions by individuals in the world. Australia has less than one-third of one per cent of the world's population. So eliminating cash there will hardly cause a ripple.
04 Aug 2015 09:38 Read comment
An excellent analysis. No pension provider provides advice - all advisors were outsourced many years ago to enable the pension companies to avoid taking the blame for poor performance.
03 Aug 2015 07:13 Read comment
Richard CarterManaging Director at Equiniti Credit Services
Dave CottinghamManaging Director at Real Consulting Services
John CantManaging Director at MPI Europe Ltd
Ian McKenna Managing Director at F&TRC
Mike McCormackManaging Director at PALMA ADVISORS LLC
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