1339 articles tagged with this keyword
News/Research/analysis
Around 25% of mobile subscribers will regularly use wireless banking services by the end of 2009, compared to around seven per cent now, according to a survey of mobile operators conducted by Boston-based consultancy Aite Group.
20 December 2007
Phishing attacks in the US have soared in 2007, with direct losses from identity theft fraud costing financial services firms around $3.2 billion, according to research from consultancy Gartner.
17 December 2007
A booming stock market has boosted growth in online trading services in China this year as an increasing number of investors turned to the Internet to trade stocks and funds, according to local press reports.
14 December 2007
Hedge funds are facing staff shortages in the back office and are struggling to retain employees, according to a US study by auditing firm Rothstein Kass.
A new US study released by Javelin Research & Strategy predicts that more Americans will turn to online person-to-person (P2P) social lending networks to pay off credit card debt, with the amount borrowed for this purpose expected to grow from $38 billion in 2007 to $159 billion by 2012.
07 December 2007
Despite the implications of this year's global credit crunch, UK bank expenditure on software and IT services is set to grow at a compound annual growth rate of 7.7% between 2007 and 2011, according to a study by European research outfit Pierre Audoin Consultants.
The Federation of European Securities Exchanges (FESE) has voiced concerns over the cost implications to its members of the European Central Bank's (ECB) plan to introduce an integrated securities settlement system in the euro zone and has called for more clarity and a clear business case for the project.
06 December 2007
Despite claims that customers still prefer face-to-face advice from high street branches, more than half (55%) of UK adults have not seen their bank manager in the last ten years, according to a study released by Lloyds TSB.
Expenditure on trading technology by UK firms will rise just four per cent to £3.4 billion in 2008, compared to an estimated 10% increase in 2007, according to the annual dealing room survey from Kimsey Consulting.
04 December 2007
Christmas shoppers are expected to spend a record £5.6 billion online during December, a 55.6% rise on the same month last year, says UK payments association Apacs.
30 November 2007
A new report released by The Federal Trade Commission (FTC) estimates that 8.3 million Americans - around four per cent of the US population - fell victim to identity theft in 2005.
29 November 2007
Despite the global credit crunch, over half of US financial services firms are planning on increasing professional hiring in 2008, with IT and sales staff expected to be in greatest demand, according to a survey by recruitment consultant Claymore Partners.
28 November 2007
Around 90% of futures trading will be conducted through automated dealing platforms - including market making and quantitative black-box trading systems - by 2010, according to the latest estimates from Tabb Group.
The Payments Council, an independent body established to replace the Office of Fair Trading's Payments Systems Task Force earlier this year, is mulling plans to phase out paper-based cheques in favour of a UK-wide shift to automated and card-based payments.
26 November 2007
The market for low-latency messaging middleware is set to rise from $95 million in 2007 to $168 million in 2010, a three-year compound annual growth rate (CAGR) of 107% as investment banks ramp up spending on the technology to cope with rapidly increasing message volumes, according to forecasts from Tabb Group.
21 November 2007
A new study from Boston-based consultancy Aite Group predicts rapid take-up of multilateral trading facilities (MTFs) in Europe following the introduction of MiFID, with volumes on alternative systems expected to increase steadily from around three per cent at the end of 2007 to over 20% by the end of 2011.
14 November 2007
The number of US customers using mobile banking services will accelerate over the next five years, rising from 1.1 million in 2007 to more than 40 million by 2012, according to forecasts from TowerGroup.
Integration between the Internet bank and branch banking channels is key to improving the customer experience, according to a pan-European study conducted by TNS on behalf of Fujitsu Services.
09 November 2007
Customers that use electronic bill payment services have higher account balances and profitability and are more loyal to their financial institution than non-EBPP customers, says a new US study released by CheckFree and SunTrust.
08 November 2007
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