3646 Results from /retail
Retired Member
Google has been offering free payment processing to Internet merchants since they launched Google Checkout almost two years ago. Merchants get free credit and debit card processing when they also use Google Adwords, a direct marketing service that displays paying advertiser’s names alongside search results. Could a marketing subsidized payment pro...
26 March 2008 /payments /retail SEPA and European Payments
Alex Noble Account Director at McAfee
Interesting news last week from Ofcom, the UK communications regulator. Back in 2007, Ofcom began investigation into Abbey National making 'silent calls' to customers and issued a formal notification in November. Last week, Ofcom ruled that Abbey had breached the rules on outbound calls and fined them £30,000. The announcement is here. For thos...
25 March 2008 /retail
Paul Penrose Head of Research at Finextra
It's a safe bet that Jamie Dimon, JPMorgan's chief executive won't be losing too much sleep after legal snags and investor opposition forced the firm to quintruple it's offer for Bear Stearns from the bargain-basement price of $2 per share to a slightly more palatable $10 per share. Yes, it is a bit of a climb-down, but for his $1.2 billion outla...
25 March 2008 /retail /wholesale Finextra50 fintech index
Unsettling events on the UK front at the moment with rumours flying everywhere. There are risks certainly, but there is no doubt a little of that 'I hope it doesn't happen to me" (so much that I'd rather believe that it's happening to someone else) syndrome going on globaly. It's time to stay calm and stick together. We've developed a globa...
22 March 2008 /retail /wholesale Whatever...
Misys boss Mike Lawrie and largest shareholder ValueAct Capital seemed to be onto a winner when they announced a deal earlier this week to spin off the company’s ailing healthcare business and merge it with rival Allscripts. News of the deal – accompanied by an upbeat interim statement from the banking division – lifted Misys’ share price by 20% f...
20 March 2008 /retail /wholesale Finextra50 fintech index
Steve Ellis Founder at Finextra Research
I take it back, I take it back. No, not all modern students are illiterate. I blame the worldwide shortage of decent urls and a lack of respect for vowels. Still, from Monday this week students (in just a couple of US States, for now) have had the opportunity to finance their days of loafing and Teletubby watching through a new peer-to-peer lending...
19 March 2008 /retail Finance 2.0
Andrew Fear Advisor / Consultant at Independent
(Core systems replacement – evaluating your options) Ownership is the thing. Whose systems are they after all? Putting the ownership of the core-banking systems back where it belongs, with the bankers, is just part of being attuned. Forward-thinking bankers know that only the right technology, the right core banking systems can drive the busine...
18 March 2008 /retail /wholesale Innovation in Financial Services
We face a real and present threat to our national security. This threat originates from both domestic and foreign sources. As an increasing number of countries move to adopt secure credit card transaction technology, eastern European cartels are turning their attention to the relatively unprotected US card transaction system. However more sinister...
18 March 2008 /payments /retail Trends in Financial Services
The US - Looking at GDP growth, cost of living increases for average families, cargo container imports and trucking activity suggests the US is well into 'recession'. Bear Stearns isn't the end of the credit crunch and it's not just a credit crunch by any means. There are more bigger players to follow. The US may see a depression soon. Australia ...
18 March 2008 /regulation /retail
I can’t fault her for trying. I guess it seemed like a good idea and a bold step towards freedom from the bonds of 20th century banking. “She” is a member of my staff based in the USA; let’s call her Alice, ok so I changed the name to protect to innocent! After reading that the Harris Interactive study released last week and the subsequent fea...
17 March 2008 /payments /retail Innovation in Financial Services
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