Keyword

Telecomms

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US banks warned on telephone banking security

US banks warned on telephone banking security

Telephone banking is still popular in the US, with over 52 million Americans actively using the services, but many banks are failing to implement strong authentication methods for the channel and are leaving customers vulnerable to fraudsters, according to the latest study from Javelin Strategy & Research.

21 March 2007

Banksys teams with telcos to launch m-payments platform in Belgium

Banksys teams with telcos to launch m-payments platform in Belgium

Belgian payments network Banksys is teaming with wireless network operators Base, Mobistar and Proximus to launch a system for consumers to pay for high street purchases via mobile phone rather than by cash or bank card.

20 March 2007

Lloyds TSB launches debit card fraud detection service

Lloyds TSB launches debit card fraud detection service

UK banking group Lloyds TSB is introducing an automated telephone alert system that will warn customers of suspicious debit card transactions on their current accounts.

14 March 2007

Merrill buys into Bats Trading

Merrill buys into Bats Trading

Merrill Lynch has become the latest Wall Street firm to invest in Missouri-based ECN operator Bats Trading. Terms of the investment were not disclosed.

07 March 2007

ABN Amro rolls out HP video conferencing technology

ABN Amro rolls out HP video conferencing technology

Dutch investment banking group ABN Amro is introducing video conferencing and collaboration technology developed by HP across 12 key business units around the world.

05 March 2007

Lloyds TSB closes Mumbai call centre; brings work back to UK

Lloyds TSB closes Mumbai call centre; brings work back to UK

UK bank Lloyds TSB says its contact centre in Mumbai will no longer handle customer calls from the UK because interactive voice recognition (IVR) technology introduced last year has reduced the number of calls sent through to staff.

02 March 2007

BT and KBC forge ICT outsourcing pact

BT and KBC forge ICT outsourcing pact

UK telco BT and Belgian financial group KBC are teaming up to provide joint ICT outsourcing services to companies in the Benelux region.

01 March 2007

Credit Suisse to shift Swiss IT jobs offshore - report

Credit Suisse to shift Swiss IT jobs offshore - report

Investment bank Credit Suisse is looking to outsource over half of the 5000 IT jobs at its operations in Switzerland to cheaper offshore centres, according to press reports.

26 February 2007

Credit Suisse confirms telecomms outsourcing pact

Credit Suisse confirms telecomms outsourcing pact

BT has confirmed a five-year, £578 million telecommunications outsourcing agreement with Credit Suisse that will involve the transfer of 231 of the Swiss bank's employees and 50 contractors.

12 February 2007

CohesiveFT and LShift launch RabbitMQ open source messaging

CohesiveFT and LShift launch RabbitMQ open source messaging

CohesiveFT, a US provider of virtual appliances for financial industry data standards, has teamed with London consultancy LShift to develop RabbitMQ, an open source messaging application based on the Advanced Message Queuing Protocol (AMQP), championed by JPMorgan Chase.

05 February 2007

Credit Suisse set to hand SFr1.4bn telecoms deal to BT

Credit Suisse set to hand SFr1.4bn telecoms deal to BT

Investment bank Credit Suisse is set to outsource its entire telecommunications infrastructure to BT under a seven year contract worth around SFr1.4 billion.

05 February 2007

TNS opens books to bidding group led by former CEO John McDonnell

TNS opens books to bidding group led by former CEO John McDonnell

US financial transaction technology vendor TNS says it is opening its books to a group of prospective buyers led by company founder and former chief executive John McDonnell.

10 January 2007

BT names Phil Mottram MD, trading systems

BT names Phil Mottram MD, trading systems

BT has named Phil Mottram as managing director of its trading systems unit, replacing industry veteran Rod MacDonald who is stepping down at the end of the year.

22 November 2006

Alliance & Leicester switches to converged voice and data network

Alliance & Leicester switches to converged voice and data network

UK banking group Alliance & Leicester (A&L) has selected BT to transform its telecomms infrastructure into a single, fully managed converged voice and data network.

20 October 2006

UK banks look to expand branch networks

UK banks look to expand branch networks

Lack of investment in wireless and Internet-based technologies could de-rail UK bank branch modernisation plans, says BT, which has surveyed banking executives about their high street investment strategies.

27 September 2006

Yes Bank goes wireless with Intel

Yes Bank goes wireless with Intel

India's Yes Bank has teamed with Intel to roll out wireless Internet technology across its national retail branch network.

15 September 2006

HSBC awards Thus £50m telecoms contract

HSBC awards Thus £50m telecoms contract

HSBC has signed a five year contract, worth around £50 million, with British telco Thus for the replacment of its national telecommunications network in the UK.

08 September 2006