641 articles tagged with this keyword
News/Non-bank competitors
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
UK non-bank foreign exchange operator Travelex has sold its money transfer subsidiary to US-based Coinstar for $27 million in cash.
05 May 2006
Chelsea Footbal Club has launched a new Web portal that will provide its 3.8 million fans with information on savings and investments and access to independent financial advice.
02 May 2006
Dutch-Belgian banking group Fortis says it has signed a memorandum of understanding (MoU) to establish a financial services joint venture with The Irish Post Office, An Post.
13 April 2006
Citibank has inked a deal to provide free ATM services to customers at more than 5500 7-Eleven convenience stores across the US. Financial terms of the contract were not disclosed.
04 April 2006
Japanese mobile phone operator NTT DoCoMo is launching a new mobile phone-based credit card payment service called DCMX mini.
French smart card vendor Gemplus has launched a range of innovative and unconventional card designs, dubbed "plastic fantastic", which it says will enable card issuers to differentiate their offerings.
13 January 2006
UK supermarket bank Sainsbury's says the percentage of financial products sold via its Web site has more than doubled over the last two years to 40%.
14 December 2005
Australian retailer Woolworths Limited has applied for a special credit card licence with bank regulators in the country and plans to begin issuing its own branded cards from 2007, undermining an exclusive joint venture banking project established with Commonwealth Bank.
02 December 2005
Non-bank foreign exchange operator Travelex has sold its UK ATM business - comprising 1100 units - to US-based TRM Corporation for £43.4 million.
02 September 2005
The UK's Post Office has contracted with Bank of Ireland for the supply of 1000 "free of charge" cash machines which will be rolled out across its national branch network.
18 July 2005
Yahoo! Japan is teaming with Tokyo-based brokerage Nikko Cordial and Internet broker E*Trade Securities to deliver online stock trading services to its users.
01 June 2005
MasterCard Europe is partnering with the International Currency Exchange (ICE) to launch Cash2Go, a PIN secured, pre-paid Maestro debit card designed to replace paper-based travellers cheques.
04 May 2005
UK supermarket bank Sainsbury's says it now sells over a third (30%) of its financial products online, a significant increase from two years ago when fewer than one in five (18%) purchases were made via its Web site.
04 April 2005
Sainsbury's Bank, the financial services arm of the UK supermarket chain, is launching its first Internet only banking account.
05 January 2005
ATM manufacturer Wincor Nixdorf has won a contract to supply 532 cash machines to the Taiwan Post Office (TPO).
22 November 2004
UK retailer Tesco is to move into mortgage sales and extend its online banking capabilities to benefit from cross-sales and low customer acquisition costs from its popular home shopping service.
04 November 2004
Germany's NCS has received an electronic money licence from the country's Federal Institute for Financial Services Supervision (BaFin) allowing it to operate as a 'mobile payments bank' for payments and fund transfer services executed over wireless handsets.
29 October 2004
Supermarket chain Sainsbury's has stepped up its challenge to the UK banking industry with the launch of a new debit card-based system for capturing customer deposits at the check-out.
12 October 2004
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