3665 Results from /retail
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
This was the famous statement - allegedly by Chrusjtjov viewing a combined harvester demo at a sovhos. It came to my mind when reading the often so eminent Economist - now the "Modern Economy Theory" July 18th article. Without going into any interesting detail on this or on the rebutting views by Robert Lucas (Aug 6th) I think that we ha...
09 August 2009 /retail /wholesale
Paul Penrose Head of Research at Finextra
OMG. Twitter down. Hit by DoS attack. Facebook also grinding. Cyber-sabotage suspected. And we can't even tweet the news. World grinds to halt. Not
06 August 2009 /retail /wholesale Finance 2.0
Retired Member
This is an interesting proposition. “Sign up for our Linux card and help a cherished organisation. However, apart for an initial $50 bung, we won’t tell you how much more you will be contributing. Just spend like mad, safe in the knowledge that part of your spend will also be contributed.” How much, then? 1%, 2%? Or will it be something like
03 August 2009 /retail Innovation in Financial Services
$40 was pretty steep. I do point out that it could be a good strategy. After all we know that the non-bank competitors are lining up superior services and banks need to try and hang on to their customers. The overdraft issue is one which money transfer and non-banks alone may not easily compete with. They can't offer an overdraft. At a $40 fee they...
NAB has made the first move to remove overdraw fees from personal accounts. Fees as high as $33.00 are charged for overdrawn accounts. In what I think has been tantamount to theft, banks have been charging customers the overdraw fee for attempting to withdraw even $1 more than their balance. High balance enquiry fees especially at ATM's not owned ...
29 July 2009 /retail Whatever...
Gary Wright Analyst at BISS Research
I have written before about EMXCo the messaging system for Unitised Funds owned by Euroclear and how they continue to add new important institutions and intermediaries onto their system. It has just been announced that Legal & General (L & G) are making all their funds available over the network.This is really great news for the funds indu...
28 July 2009 /retail MiFID
Alex Noble Account Director at McAfee
Never one to post only on up to the minute stories, the blog was quite interested in the Finextra report a fortnight ago on "man in the middle" fraud in call centres. I just haven't had a chance to write on it until now. Traditionally, man in the middle fraud has been more associated more with the web channel than the telephone channel...
27 July 2009 /security /retail
Matt White North America editor at Finextra
Here at Finextra we often cover clever, tech-driven scams dreamt up by criminals looking to part people from their money. Sometimes though, the simpler a plan the better, as a gang of crooks in Uganda has demonstrated. The group set up a bank, Visa Finance, in the town of Malaba on the Kenyan border. They rented an office and began advertising on l...
24 July 2009 /retail
News Flash: "US Forest Service Study Determines - Bears ARE Dangerous" "U of M Survey Confirms - Employees Would Be Happy With Shorter Work Hours at the Same Pay" "Department of Transportation Study Confirms for the 1,432nd Time - Seat Belts Save Lives" I love Gartner, truly. Gartner, Forrester and the other research f...
24 July 2009 /retail Transaction Banking
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
Always one to beat a dead cause célèbre, I thought I call around a few marketers at high street banks to see what they thought of the recent analyst report from Morgan Stanley. The one that listed the media tastes of teenagers, written by a 15 year old intern. The item in the report that most intrigued (and frankly didn't surprise) us was the state...
24 July 2009 /retail Social Banks
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