3860 Results from /retail
Retired Member
With the pain of the Banking induced recession, the ending of the ‘credit on demand' society, the growing animosity of the banking regulators, and the falling from fashion of the credit card, will its ‘poor cousin' the debit card be the payment product for the decade of 2010? Although the ‘look and feel' of the credit and the debit card are simila...
12 November 2009 /retail Transaction Banking
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
A Nordic study (PTS in Sweden) reveals that the mobile share of minutes in outgoing telephone calls in 2008 were the following: Finland 83% Norway 55 Denmark 54 Iceland 48 Sweden 41 The study is claiming that fixed line telephony was so much cheaper in Sweden that this explains the difference compared to F...
08 November 2009 /retail Innovation in Financial Services
Paul Penrose Head of Research at Finextra
Praise be! The FT has resurrected Martin Lukes, the deluded and corrupt former chief of fictional company a-b global, who disappeared from view some years back after being convicted of insider trading. In tune with modern social media trends, Lukes - who declares himself "480% innocent" of the charge - now has his own blog, wirtten from ...
05 November 2009 /retail /wholesale Whatever...
This comes direct from a PayPal press release, announcing that more than a dozen developers have created a new generation of applications built with the PayPal X global payments platform. Here's a sample from the early movers: Sun Microsystems, Inc. (NASDAQ: JAVA) worked with PayPal to support application payments in the Java Store Beta and enhan...
04 November 2009 /payments /retail Finance 2.0
"I believe what we have here is a better deal for the taxpayer," so says Alastair Darling. No it isn't. The best thing for the taxpayer is for these institutions to be nursed back to health as they are and the shares sold on the open market at a profit - later. Carving up the banks is not good on so many levels: 1) Selling branches. ...
03 November 2009 /retail Transaction Banking
Micro-blogging site Twitter has begun rolling out its new list-building feature which enables users to curate themed lists of Twitter accounts. For example, you could create a list of celebrity accounts or choose to follow a narrower list of friends, co-workers or business contacts. We've been dabbling with the facility this afternoon and have cre...
30 October 2009 /retail /wholesale Finance 2.0
It is evident - paper invoices will disappear from the business to business and business to government sectors and then later in practise also in the business to consumer/government to citizen area. The 5 mega-class reasons are exceptionally powerful and clear to see. Everyone will benefit - especially the consumers and tax payers. It is only a
30 October 2009 /payments /retail
We missed this first time around, but it should definitely be on the Christmas shopping list for all self-respecting Finextra Community members. Crunch - the game for utter bankers is a devious card game that places you at the head of the boardroom as a CEO of a global bank juggling the conflicting demands of your ailing bank and your future retir...
30 October 2009 /retail /wholesale Whatever...
Today newly released Javelin research shows that the 11% of US people who received one of those "throw-away" data breach notification letters really *are* at greater risk of ID fraud. Experts: if you're not surprised, than you know something that over 300 million Americans don't: our research also shows that actual fraud victims who rec
27 October 2009 /security /retail
There is an article in the newspaper quoting Peter Hanlon expressing the view that branch closures may have been a tactical error which reduced the quality of service and damaged the customer relationship. http://www.dailytelegraph.com.au/money/westpac-group-executive-peter-hanlon I have mentioned the lost resource that the local branch represent...
27 October 2009 /payments /retail Whatever...
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