3774 Results from /retail
Retired Member
It has emerged that personal information belonging to thousand's of council tax payers has been found on a computer that was sold on eBay for just £6.99. According to a Daily Mail report, thousands of account numbers and sort codes, as well as names and addresses, were stored on the hard drive, which was owned by Charnwood Borough Council in Leice...
27 August 2008 /security /retail
Despite incurring massive losses from the credit crunch and its rogue trading scandal, French banking group Société Générale is bucking industry trends by launching a campaign to recruit around 20,000 new staff worldwide this year. SocGen says it has tripled its headcount over the past 10 years and now has 151,000 staff worldwide. The bank is now l...
27 August 2008 /retail /wholesale
UK tabloid The Sun is reporting the story of a disgruntled Lloyds TSB customer who changed his phone and Web banking password to 'Lloyds is Pants', only for a member of staff at the high street bank to change it - without his consent - to 'No we are not'. Apparently computer consultant Steve Jetley changed his password to 'Lloyds is Pants' after h...
HSBC stands accused of 'cultural insensitivity' after dressing up an overweight white man to look like a sumo wrestler and running it on ads across the UK. Complaints have come in that it looks like the man's skin tone has been darkened and his eyes have been made to look narrower - however the ad agency concerned claim it's just standard photograp...
26 August 2008 /retail Cringeworthy marketing gallery
Customers may well ask what chance they have if even the bosses of the banks are victims of fraud. Marcus Agius and Andy Hornby can't simply ignore the problem can they? What do shareholders really think? There have been rumblings from downunder about focusing on social networking sites as the root of the problem. Cobblers. A lot of social networki...
21 August 2008 /payments /retail Innovation in Financial Services
Elton Cane Digital product delivery at News Corp Australia
Further to my recent post -- It's not all doom and gloom for financial technology -- I've been reading a few predictions for IT spending in 2009. Some choose to focus on the positive -- for e.g. spending on risk management systems is growing. While others look at the state of software and IT services more broadly, and are much more pessimistic....
20 August 2008 /retail /wholesale Finextra50 fintech index
HSBC has denied reports that it is considering ditching the Blackberry and adopting Apple's iPhone as its official corporate mobile device. Brenton Hush, chief information officer at HSBC's Australia and New Zealand division, told reporters last week that the group is considering rolling out the iPhone to a potential "200,000 people". Bu...
19 August 2008 /retail /wholesale
I recently looked at some superannuation sites. I am going to mention my thoughts on a few. I'll start with Tower. Will that be a Super Regular Premium Plan, or will you have the Regular Premium Plan or the Single Premium Plan, superannuation plan and would you like Tower Performance Moderate to High, or Tower Capital Guaranteed Low to Moderate Ris...
19 August 2008 /retail Innovation in Financial Services
Our original True Medal Tally version one posted late last week generated some amusing remarks about the race for the wooden spoon once you allow for per capita productivity. But the Aussies have taken some Olympic revenge by moving into the lead over Great Britain. For the latest top 10 list of the True Medal Tally at the close of day 10 in Beij...
18 August 2008 /retail Innovation in Financial Services
I see the Absa move as being a smart one, except for the methodology, but we'll see how they go. I have been suggesting it for a while and it's nice to see I have been beaten to the punch by Absa. I can only assume they are one step away from ditching cards altogether. Good work.
15 August 2008 /retail Innovation in Financial Services
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.