3771 Results from /retail
Paul Penrose Head of Research at Finextra
Public anger at banking excess seems to be boiling over into direct action and mob rule. Following the public hanging of a banking effigy at a rally in Marble Arch and the bus tours of AIG executive mansions organised by US activist groups, the latest person in the firing line is former RBS boss Sir Fred Goodwin. Police in Scotland are calling fo...
25 March 2009 /retail /wholesale Whatever...
Retired Member
I suspect that many people are like me in not believing we are in a deflationary situation. It is complete cobblers and should not be influencing economic policy. The principal reason why the RPI is dropping into negative territory is that interest rates have been destroyed in recent months. This allegedly reduces the cost of living, which is rub...
24 March 2009 /retail Trends in Financial Services
Wow, this is a very cutting-edge new innovation from ING Netherlands. My android cellphone shows me the available ATMs in my sight, by pointing the camera of the phone to any direction. ATM markers are added to the actual camera image, so I know which way to go. The concept of processing the real environment image and react somehow is there since ...
23 March 2009 /retail Futuristic Banking
Robert Siciliano Security Analyst at Safr.me
Up until now, identity thieves have been hunting elephants. But that may soon change. According to this study, small to medium size businesses (SMB's) are the criminal hackers next target. This should come as no surprise, as large enterprise networks have gradually become better at defending themselves. Over the past few years, criminal hacker
20 March 2009 /security /retail
Keith Appleyard IT Consultant at available for hire
I thought the Fred Goodwin saga was over, but it seems to run and run, so I thought I'd put in my two-penn'th The old RBS Pension plan allowed staff to retire at 60 on two thirds of their final salary after a 40-year career. If Goodwin was treated like any other RBS employee, then his actual service since 1998, plus pensionable service transferred ...
19 March 2009 /retail Whatever...
According to E&Y Fast Payout study, estimated cost to industry of proposed requirements are as follows Requirement Estimated Cost (GBP in Millions) % of total cost Data Cleansing 196.5 22 Eligibility Account flagging 135.2 ...
18 March 2009 /retail FSCS Fast Payout
The Financial Services Compensation Scheme (FSCS) is the UK’s statutory compensation fund for financial defaults. This means that it is responsible for the payment of compensation to eligible customers of a financial firm if that firm – including banks, building societies and credit unions (deposit takers) – is unable to pay claims against it. U...
16 March 2009 /retail FSCS Fast Payout
A good example of viral marketing from Barclaycard, which is challenging the public to create a home-made version if its waterslide TV advertisement, in which an office drone travels from work to home down a gigantic waterslide, paying for goods and services on the way using his contactless debit card. The bank has posted its own spoof ad at http...
12 March 2009 /retail Video extravaganza
Perhaps the lack of popularity of NFC is due to excessive assumptions regarding NFC and the absence of real benefits overall. The assumption in the article that other methods require more expertise on the part of the user is unfounded. I am personally familiar with systems which are both safer and easier to use than NFC and SMS. Customers choosing ...
12 March 2009 /payments /retail Innovation in Financial Services
If the Government is going to spray £75 billion quids' worth of petrol on the embers of the economy, they could at least do it in a way that stands the best chance of achieving something. Here's an idea. Offer people the chance to sell a stake of up to 50% or £75k, in their house, whichever is the smaller. This can only go towards reducing their ...
06 March 2009 /regulation /retail Trends in Financial Services
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