Latest Research/analysis News: Finextra Research

FSA warns on 'misleading' insurance comparison sites

The UK's Financial Services Authority (FSA) has warned that some insurance comparison Web sites could be misleading customers by failing to provide clear and accurate information.

08 May 2008

News/Research/analysis

Building societies look to online channel

Over half of the UK's building societies are planning to introduce an online savings channel in the next year in a bid to attract and maintain customers during the current economic gloom.

08 May 2008

News/Research/analysis

Mobile banking projects launched in Africa and Latin America

Two major mobile banking programmes targeting unbanked customers are being launched in Africa and Latin America. News of the initiatives follows the release of a study predicting m-banking could play a major role in reaching people outside the regular financial system.

07 May 2008

News/Research/analysis

Salaries and bonuses rise for risk professionals

Despite the fall out from the global credit crunch, risk professionals working in the capital markets industry saw their total compensation increase by an average of seven per cent in 2007, according to a global survey by recruitment outfit Risk Talent Associates (RTA).

01 May 2008

News/Research/analysis

Banks turning to virtualisation - Microsoft

Retail banks on both sides of the Atlantic are increasingly turning to virtualisation technologies to centralise deployment and management of IT resources, cut costs and save energy, according to research commissioned by Microsoft.

29 April 2008

News/Research/analysis

Card fraud threatens development of European payments network - EC

Credit and debit card fraud continues to undermine consumer confidence and threatens to hinder the development of a cross-border payments network in Europe, according to a European Commission (EC) report.

28 April 2008

News/Research/analysis

Third of UK Web users bank online

Around a third of the UK's online population - 10.9 million people - accessed their bank account via the Internet in January, according to Web metrics firm comScore.

28 April 2008

News/Research/analysis

Trading tech spending to rise, despite crunch

The latest dealing room survey from Kimsey Consulting forecasts that around 12,000 trading positions will be cut around the world by 2011, but expenditure on trading technology is set to rise globally by 4.3% over the same period.

28 April 2008

News/Research/analysis

Investment bank IT salaries hold up in face of crunch

Despite the impact of the global credit crunch, IT salaries in the investment banking sector are being kept afloat due to "aggressive moves" for staff by firms unaffected by the downturn.

25 April 2008

News/Research/analysis

100 million to pay by mobile phone by 2011

The number of people making payments using their mobile phones globally is set to soar from 32.9 million in 2008 to 103.9 million in 2011, according to analyst house Gartner.

24 April 2008

News/Research/analysis

FactSet to take on Thomson Fundamentals database

Financial analytics vendor FactSet Research Systems is to acquire a copy of the Thomson Fundamentals database from Thomson Reuters.

23 April 2008

News/Research/analysis

Mobile coupon and ticketing on the rise - study

A new study released by Juniper Research predicts that retailers will have issued almost three billion mobile coupons to customers by 2011, with just under $7 billion of discounts redeemed.

23 April 2008

News/Research/analysis

Crunch to squeeze sell side spending on technology

Spending on technology by sell side firms in North America will rise at a compound annual growth rate (CAGR) of just 1.3% through to 2011 - down significantly from the 8.5% growth seen between 2004 and 2007, as companies hit by the credit crunch revise IT budgets, according to a study by analyst house Celent.

23 April 2008

News/Research/analysis

Inconsistent PSD implementation threatens Sepa project- Logica

Disparities in the implementation of the European Payments Services Directive (PSD) across EU borders may lead to a reinforcement of national payments networks and undermine the push for a single euro payments area (Sepa), says a new report from IT services firm Logica.

22 April 2008

News/Research/analysis

Downturn prompts dash for cash

The economic slowdown has prompted hard-up Brits to shy away from plastic in favour of notes and coins to pay for purchases on the high street, according to new trading figures released by the British Retail Consortium (BRC).

21 April 2008

News/Research/analysis

Bank of Ireland invests in R&D venture with University College Cork

Bank of Ireland (BoI) is investing EUR250,000 in a two year research project with the University College Cork (UCC) that will focus on the use of technology to improve banking services.

21 April 2008

News/Research/analysis

Cards and m-payments to speed demise of cheques - Visa

The demise of cheques in Western Europe is set to accelerate over the next few years, with around 60% of retailers no longer accepting them by 2015 as electronic cards and mobile payments gain in popularity, according to research commissioned by Visa.

18 April 2008

News/Research/analysis

Mobile banking numbers to pass 800 million by 2011 - Juniper

The number of people accessing banking services via their mobile phones is set to soar to 816 million by 2011 - a ten fold increase on 2007, according to a global study by analyst house Juniper Research.

16 April 2008

News/Research/analysis

UK phishing attacks up 200% in Q1 - Apacs

UK payments association Apacs is urging Web banking customers to be extra vigilant following a 200% jump in the number of phishing attacks in the first quarter of 2008.

15 April 2008

News/Research/analysis

Internet banking growth slows in US

After years of accelerating rates, the growth in online banking take-up in the US began to slow in 2007, according to a study from Web metrics firm comScore which also shows that whilst the majority of Americans are happy with their service there is growing interest in features such as mobile banking, online chat and widgets.

15 April 2008