3646 Results from /retail
Retired Member
Today is National Siesta Day in the UK, which aims to encourage company bosses to allow staff to have an afternoon power nap. On his Web site Noel Kingsley, founder of Siesta Awareness and organiser of National Siesta Day - which is in its third year - says he has been taking a daily siesta for over 15 years and believes that most people benefit...
25 June 2008 /retail /wholesale
Alex Noble Account Director at McAfee
After a week off sick there's been a lot to blog on. I was interested in the Finextra story "HSBC creates 250 call centre jobs". The interesting thing for me is that these are onshore jobs. HSBC has always had onshore operations but has also been one of the firms that has pushed call centre jobs to India. The onshore operations have ten...
25 June 2008 /retail
I digress and had to get back to my own blog and have posted a response to Jean-Philippe. We obviously look at things from different viewpoints, and you make a good point, yes, nothing is 'free', however the cost of mobile transactions have the potential to be significantly lower than present credit or debit card networks currently levied on mer...
17 June 2008 /payments /retail Innovation in Financial Services
The Financial Times yesterday included a supplement on financial training which featured an article on a fintech degree offered by University College London (UCL). The university's MSc in Financial Computing was launched last year in partnership with Credit Suisse, Goldman Sachs, Merrill Lynch and Morgan Stanley. UCL's technology partner for the pr...
17 June 2008 /retail /wholesale
I know I'm a promoter of mobile payments, but really I'm just a promoter of doing it easier and safer. I am not keen on fingerprint scanners, they are not easier or safer. Fingerprints are not really useful for primary ID. It simply takes too long to get a match on a print. The problem is that comparing pictures of fingerprints with pictures of p...
Matt White North America editor at Finextra
According to Marketing Week, Virgin Money is shelving plans for a biodegradable card. The firm seems to have decided that if there's one thing greener than a green card it's no card at all, so they're going to concentrate on mobile payments instead. I’m sure at least one regular Finextra blogger will applaud the decision.
16 June 2008 /retail Going green
Moving forward, RIA technologies will be used to enhance or even replace traditional enterprise portals and Microsoft Office as front ends; as per Forrester's research . So what does it mean for the user of Internet world? Does it add any value to the customer? Will every desktop in the world will be RIA enabled? e.g. RIA enabled MS office or actua...
16 June 2008 /retail Online Banking
Paul Penrose Head of Research at Finextra
Apple filed a rather fascinating patent application in December last year for a wireless communication system. "A processing system is described that includes a wireless communication interface that wirelessly communicates with one or more wireless client devices in the vicinity of an establishment. The wireless communication interface receiv...
13 June 2008 /payments /retail Futuristic Banking
I wonder if anyone has worked out the real cost of continuing fraud, even just in the U.K. I realise that in the great totality of transactions that around £500 million isn't thought of as being all that dramatic, but is there erosion of consumer trust and does it have a cost? If the primary reason people bank is to keep their money safe, then i...
13 June 2008 /regulation /retail Whatever...
Nomura International - the London-based arm of the Japanese investment bank - is cutting the number of IT contractors it employs and slashing the pay of those stilll with the firm, according to Here is the City. Nomura's IT contractors were informed of the move by an e-mail saying that the bank will "reduce contractor spend through a combinat...
12 June 2008 /retail /wholesale
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