3675 Results from /retail
Retired Member
A bank’s business development manager may not like this at all. I see a need for this. In the last one year I realized quite a few banks knocked on my door to open and maintain my bank account. In addition a few friends who are bankers have asked me to open an account in their banks. This incentive driven business promotion is now spreading like ...
25 May 2011 /retail
What has the world come to when an employer seeks to force employees to ‘shop' their friends' and family's negative feedback? Draconian and Victorian management just cannot work in such an open and transparent world. Management of organisations must realise that it is up to them to monitor and react to both positive and negative feedback in our ...
25 May 2011 /retail /wholesale Innovation in Financial Services
I was having dinner with an entrepreneur in the Indian payments space earlier today. The emerging business models and evolving consumer adoption trends in banking & financial services, soon overshadowed the culinary delights that had adorned the table! A silent revolution is unfolding on the ground, which otherwise appear frequently on busines
18 May 2011 /payments /retail Finance 2.0
The Legacy Systems.. The third wave of core banking transformation is on the threshold of North American banks. It has not moved in the desired pace as expected. The wind sits on the shoulder of the sails. The ship is still in the harbour. The world is waiting and watching with bated breath for something to happen. The core issue is the legacy sy...
16 May 2011 /regulation /retail
I needed $2000.00 for fixing my home. I stepped into my bank for a line of credit. The chap (relationship manager) asked me to fill up half a dozen forms, took a declaration to check on my credit rating, added processing fee and finally told me I can get $1488.00. I said a No! I checked my savings account; a balance of $510 in 3 months depleted to...
10 May 2011 /retail
I came across an enterprising man who worked as a driver and doubled up as the neighborhood milkman. In the initial months, he found himself collecting and carrying large amounts of money on a daily basis, which became quite unwieldy with his day job. To make matters worse, with outstanding dues, leakages in collections and a host of challenges po...
30 April 2011 /payments /retail Innovation in Financial Services
Ward Hagenaar Head of Consulting - Co-Founder at PaymentGenes
As Facebook is now entering the Point of Sale arena in the US with its Daily Deals Offering the question arrises what would be the business model for true payments. Facebook credits are now converted to vouchers and excepted as a partial payment in combination with regular payment methods. Facebook could be regarded as a closed scheme like America...
29 April 2011 /retail
Tim Tyler Product Manager at Misys
Electronic coupons appear to be all the rage at the moment, with the rush to the front seemingly being led by Groupon. Throwing themselves in to the fight now are Google (with Google Offers) and Facebook (with Facebook Deals) - so there might be an assumption that there is scope for considerable growth in this market. Do banks need to keep a wary
26 April 2011 /retail Innovation in Financial Services
So we have heard in the press that iPhones now record location information in a 'hidden' file. Not that Apple are tracking you, just that this information is logged. Lots of people record their location in addition to this automatic tracking - just think Facebook Places, FourSquare, Google Latitude, Gowalla etc - and I think location will become
21 April 2011 /retail Innovation in Financial Services
Brett King CEO & Founder at Moven
If you are thinking of a trip you have any number of options to get there. You can travel by car, by bus, by train, by ship or by air. Depending on the distance you might walk, or ride a bike. You can travel in luxury such as a private jet, the first class cabin of an Emirates A380, a stateroom on a cruise liner, or you can go ‘budget'. RyanAir, S...
20 April 2011 /retail Innovation in Financial Services
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.