Personal finance

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/Personal finance

Alliance & Leicester introduces pre-paid debit card for public sector

Alliance & Leicester Commercial Bank is launching a pre-paid Visa payment card designed for public sector organisations that can be used to deliver welfare payments.

/Personal finance

Co-op rolls out Experian debtor risk assessment technology

The UK's Co-operative Financial Services (CFS) has installed CRM technology from Experian which provides an up-to-date risk assessment of all customers and highlights any changes in financial status. The implementation comes amid rising concerns among banks about high levels of personal debt and the impact of individual voluntary arrangements (IVAs) on credit quality.

/Personal finance

Motley Fool launches online share dealing service in UK

Personal finance Web site The Motley Fool has launched an online share dealing service for UK investors.

/Personal finance

Lloyds TSB introduces electronic small change savings scheme

UK bank Lloyds TSB is launching a new savings scheme that automatically rounds-up customer spending on debit cards to the nearest pound and routes the extra cash into a savings account.

/Personal finance

One in ten Brits hit by ID theft

Almost one in ten Britons believe that they have fallen victim to identity theft, according to a new survey.

/Personal finance

PBS reports HandelsFinans processing contract

Danish payments body Payment Business Services (PBS) has inked a deal to provide card payment processing services to HandelsFinans, a subsidary of French consumer credit group LaSer.

/Personal finance

Russian Standard Bank orders NCR ATMs

Russian Standard Bank has ordered 1100 Persona ATMs and 150 cash-dispensing units from US-based NCR Corporation which it is using to expand its personal loans business at retail outlets.

/Personal finance

Cairo Amman Bank delivers instant loans service at the ATM

Jordan-based Cairo Amman Bank (CAB) has teamed with Dublin-based retail banking technology vendor CR2 to provide customers with an 'instant loan' facility at its ATMs.

/Personal finance

Lloyds TSB introduces instant online loan service

UK high street bank Lloyds TSB has lauched an online loan service that gives Web banking cutomers an instant decision and instant access to the funds if they are approved.

/Personal finance

Turkey's Akbank deploys Fair Isaac technology for mobile-based loan service

Akbank, Turkey's largest privately owned bank, has implemented Fair Isaac's decisioning technology to support a new service that allows customers to apply for mortgages and loans using their mobile phones.

/Personal finance

Money matters at Chelsea

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.

/Personal finance

Misys shelves Sesame sale

UK banking systems vendor Misys says it has ended talks with potential buyers of Sesame, its IFA services network, after failing to agree a price for the business.

/Personal finance

Vertex to acquire 1st Group in IFA portal play

UK life, pensions and mortgage systems firm Vertex is to acquire financial adviser software business 1st Group for a maximum £38.5 million.

/Personal finance

DSTi Wraps up PAS acquisition

Investment management software vendor DSTi has acquired UK pensions planning and calculations firm Pensions and Acturial Services (PAS), as part of its strategy to develop comprehensive Wrap admin services for financial advisors.

/Personal finance

Banks launch French joint venture employee savings platform

Axa France, BNP Paribas, HSBC France and Société Générale are to create a joint platform for employee savings plan administration in France.

/Personal finance

Paper chase catches up with IFAs

Over 80% of UK independent financial advisors (IFA) are processing new business electronically, but the majority have yet to maximise the benefits of automation, according to a survey conducted by IFA portal operator The Exchange.