3665 Results from /retail
Retired Member
Last night on Newsnight, Shaun Woodward, made a spirited attempt to comment on the expenses scandal. In doing so, however, he highlighted yet another area of hypocrisy that underlines why our current set of politicians are not fit to govern. Jeremy Paxman questioned why, when he is so rich (he is married to a Sainsbury) he should claim mortgage in...
12 May 2009 /retail Innovation in Financial Services
Alex Noble Account Director at McAfee
I seem to hear the sound of a stable door being shut, and long after the horse has bolted. The FSA seems finally to have realised that offshore call centres can constitute a risk in financial services. This is not to say all centres, but that offshore centres managed and compliant only to local standards may not protect consumer data that well. In...
08 May 2009 /security /retail
The recent report from Arthur D Little, a global management consultancy specialising in strategy and operations management, predicting a 68 per cent per annum increase in mobile transaction volume to 2012 highlights how the mobile phone is one of the most promising emerging payment channels. The claim that developing countries will drive this grow...
07 May 2009 /payments /retail
Paul Penrose Head of Research at Finextra
At the risk of becoming a Twitter bore, here's another innovation from the land down under: NAB direct banking offshoot UBank is offering a free IGB USB flash drive to its first 1000 followers on Twitter. The social media-savvy bank has been twittering since October, and currently has over 300 followers. Paying for followers may not be the best wa...
06 May 2009 /retail Finance 2.0
Twitter ye not. Brian Hartzer, CEO of ANZ's Australian operations has just announced his resignation - on Twitter. In a valedictory tweet posted Monday, Hartzer says: "Folks, this is my last tweet as I've resigned to pursue an overseas opportunity. Thanks for your continued support for ANZ. All the best." The smart money says Hartzer is ...
05 May 2009 /retail Finance 2.0
John Cant Managing Director at MPI Europe Ltd
In one of my recent Financial Sector bulletins, I initiated a discussion on whether innovation is a good strategy for current market conditions. The debate on our FS Think Tank LinkedIn group - a new and growing discussion group set up with a number of alliance partners - was particularly active and practical. For example, I was glad to read tha...
04 May 2009 /retail /wholesale Trends in Financial Services
Stanley Epstein Associate at Citadel Advantage Group
Once again I am appalled by the banks. Here we are, all in the midst of the worst financial crisis of the past seventy years, brought on by the greed and stupidity of the banking community and what are the banks doing? Well they are now moaning at the poor folk setting the accounting standards. They don't like some of these accounting rules becaus...
03 May 2009 /retail
LloydsTSB's James Gardner has caused a bit of a stir with some provocative comments on his BankerVision blog about the value of Twitter to banks. The Twitterati don't take kindly to criticism (constructive or otherwise), as I discovered personally a few months back when I made the mild observation - in an otherwise flattering take on Twitter - th...
30 April 2009 /retail Finance 2.0
Siddharth Udani Client Partner at Consulting
It’s rather a very interesting debate whether banks choose the 'right' solution or a solution thats 'fits' their technology landscape. Though most of the Requirements are driven out of business change, how much of influence does business have on technology solutions? And whether do they actually care? With banks getting global and larger, there ha...
28 April 2009 /payments /retail Banking Architecture
The proposal to impose a punitive tax on the impact of pay rises on final salary pensions, which was hidden in the budget, is another breathtaking example of the inability of those in charge to properly understand, and think through, the consequence of what they propose and implement. It is no surprise that so many things go wrong, when the thoug...
28 April 2009 /retail Trends in Financial Services
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