639 articles tagged with this keyword
News/Non-bank competitors
PayPal has released Mobile Checkout - which enables customers to pay for purchases using Web-enabled phones - to account holders in Australia.
23 November 2007
The number of online transactions will more than double to reach $355.2 billion by 2012, according to a US study released by Javelin Research & Strategy which also predicts increasing take up "alternative payment methods" such as PayPal.
26 September 2007
LendingClub, the peer-to-peer social lending site launched on Facebook three months ago has secured $10.26 million in a Series A funding round led by Canaan Partners and Norwest Venture Partners.
24 August 2007
UK supermarkets have the potential to take millions of UK current account holders away from banks according to research conducted by personal finance Web site Motley Fool.
08 August 2007
UK insurance group Admiral has ended discussions with private equity firms over the sale of a minority stake in its price comparison Web site Confused.com after failing to agree a price.
13 July 2007
UK supermarket chain Tesco is to extend a trial of euro-dispensing cash machines to twenty sites following positive feedback from an initial pilot programme.
11 July 2007
Virgin Money is to launch a pre-paid MasterCard in the UK this summer in association with e-money issuer PrePay Technologies.
04 July 2007
Vodafone and Nokia are calling for a new regulatory framework to encourage transactions by mobile phones in developing countries.
UK peer-to-peer lending platform Zopa has opened its doors to businesses wanting to participate in the unsecured lending marketplace.
18 June 2007
Japan Post has awarded a consortium including Hitachi and NTT Data a Y22 billion contract to supply the IT infrastructure for Yucho Bank, which will be created later this year through the privatisation of the postal company.
12 June 2007
Germany's Wirecard Bank has become the latest financial services firm to establish a virtual branch in 3D online universe Second Life and says it also plans to set up shop in science fiction game Entropia Universe.
18 May 2007
Person-to-person payments firm PayPal has been granted a banking licence in Luxembourg and is relocating its European headquarters to the country from London, in a move that will see it escape FSA oversight and multiply the number of Web sites that can offer its service.
15 May 2007
Postbank, a community banking service set up by Dutch-Belgian banking group Fortis and the Irish Post Office, has been introduced at 250 post offices and will be extended to 1000 locations across Ireland by the end of the year.
04 May 2007
The Australia Post has signed NSW Teachers Credit Union as the first customer for its one-time password (OTP) authentication system for Internet banking.
23 February 2007
Customers who shop at Tesco supermarkets and petrol stations will soon be able to use loyalty card points to pay for distance-learning courses run by the Open University.
06 February 2007
Person-to-person payments outfit PayPal says that it now has over 15 million account holders in the UK, representing over a third of the adult population.
02 November 2006
Ireland-based 3V Transaction Services has partnered with Visa, Irish Life and Permanent and cash acceptance network, payzone, to launch pay-as-you-go online shopping vouchers for UK consumers.
01 November 2006
US-based online person-to-person loan exchange Prosper says it has signed its 100,000th member and presided over $20 million in loan agreements in its first six months of operation.
UK insurance group Prudential has appointed HBOS retail banking head Ian Kerr as chief executive of its Internet banking operation Egg.
13 October 2006
European consumers are set to spend EUR75 billion by 2010 using reloadable pre-paid cards, which are targeted at customers that do not have a bank account.
11 August 2006
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