3857 Results from /retail
Matt White North America editor at Finextra
As the recession bites, more and more of us are turning to personal finance management tools to keep control of dwindling funds. One of the big boy in the US is Intuit with its Quicken Online offering but it seems to have been spooked by young whippersnapper Mint, sending a nasty letter to its rival demanding evidence to back up published user fig...
24 February 2009 /retail Futuristic Banking
Retired Member
Most old-fashioned lending bankers would probably see the belated recognition that we need to reintroduce lending controls as a step in the right direction. For some time now, some of us have argued that there should be limits placed on the amount people can borrow, both from a salary and loan-to-purchase value point of view. We should never hav...
23 February 2009 /regulation /retail Online Banking
This market is playing with our future like a dog with a ball. Consider that one year ago RBS paid $100bn for ABN Amro. That seemingly impossible amount would now buy: more
21 February 2009 /retail Transaction Banking
Paul Penrose Head of Research at Finextra
A poll of CEOs at Fortune 1000 companies conducted by Frost & Sullivan has concluded that the global economic slump is all the fault of 'the media', which is twisting facts and exaggerating economic statistics in a desperate bid to sell more copies and attract more eyeballs. "Because of this, consumers and business have frozen spending, c...
20 February 2009 /retail /wholesale Whatever...
PayPal in Germany recently conducted an interesting experiment to see how far you can get in the offline world using just an iPhone and a PayPal account. The firm equipped two competing teams on a trip from their hometowns to Hamburg – approximately 280 miles – with instructions that they could only pay for any goods and services they needed using ...
20 February 2009 /payments /retail EBAday
Robert Siciliano Security Analyst at Safr.me
by Robert Siciliano In a Microsoft press release a global bounty has been offered for the arrest and prosecution of whoever has created and released the “conficker” virus. Conficker was released in the last quarter of 2008 and has infected a wide estimate of 2 million to 10 million PCs. After issuing patches, Microsoft estimates approximately 3
17 February 2009 /security /retail
Ed Daniel Senior Consultant, getting old you know ;-) at esdaniel.com
This has been on my mind a lot recently, mainly out of frustration with using my bank's web sites as they don't support Firefox very well. More so, my bank and credit card providers especially are a total pain in the butt when it comes to working out which cookies and javascripts to enable for their various domains - this becomes a total headache...
16 February 2009 /retail Futuristic Banking
Robert Siciliano Are you familiar with a “Logic Bomb”? This is a brilliant piece of code, a virus, designed for destruction. The goal of a logic bomb is to disable existing systems that may monitor data, protect it, back it up or access it. A logic bomb is designed to multiply like any virus and spread throughout a network multiplying its effects...
16 February 2009 /security /retail
The New York Times does a good job of reviewing The International - a new zeitgeist-tapping movie that portrays the nefarious activities of a fictitious international bank dubbed IBBC. As the NYTimes reviewer wryly observes: "That multinational weapons manufacturers can be portrayed as more decent, civic-minded and principled than global fina...
16 February 2009 /retail /wholesale Whatever...
So, we have contractual issues that mean lots of people in banks need to be paid bonuses. So be it. Pay them then, but here's how it should be done. 1) The first £5,000 in bonuses should be paid in cash. That should mean that most lower-level people in the banks get the cash they deserve - i.e. those who work hard at the coal face, in branches ...
16 February 2009 /retail Transaction Banking
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