133 Results from 2007, /retail
Paul Penrose Head of Research at Finextra
Chip Mahan, who stepped down from the post of CEO and chairman of Internet banking vendor S1 in October last year, is setting up a new specialist lending business in Wilmington, North Carolina. Live Oak Banking is on track to receive its charter in July and could open its doors for business within six months. The niche bank will focus on business ...
13 June 2007 /retail Where are they now?
Retired Member
See also Recovering Bank Charges - 1Recovering Bank Charges - 2Recovering Bank Charges - 3Recovering Bank Charges - 4Money Saving ExpertBBC Story Yesterday£100,00 fund to fight charges Good news! I first made contact with the bank re: my charges on March 9th, this weekend I finally got my Data Protection release form to allow the bank, which hold...
11 June 2007 /retail UK Faster Payments
Nick Hastings
On the flight back to London from another successful EBAday (www.ebaday.com) I had the closing video sound track in my head. We aptly selected Europe’s Final Countdown as anyone involved with SEPA will appreciate that the final countdown is well and truly on. Two days later I still had the Final Countdown rocking in my head so I decided to downloa...
08 June 2007 /payments /retail EBAday
On a mission to get the non-bank perspective on Europe’s progress towards a Single Euro Payments Area I sat in on a couple of fringe conferences sessions at the EBAday show in Rome. Technology vendors I’d spoken to ahead of the show had promised to stir things up a little, and this they duly did, giving their banking paymasters a good kicking in t...
05 June 2007 /retail EBAday
Blogging from Rome at the annual EBAday conference, a European payments forum organised by Finextra and the Euro Banking Association. Delegates attending the show are looking for guidance and insight as the deadlines loom for the creation of a Single Euro Payments Area (Sepa). Sepa was the big draw at last year's inaugural show in Frankfurt and th...
04 June 2007 /payments /retail EBAday
How to make friends and influence people: The UK’s Co-operative Bank is promising to donate 20 pence to a children’s charity in return for people who join the bank’s list of friends at its new MySpace page. Now, we all know that buying friends on MySpace is not cool. But the Co-op has cleverly included the pay-per-friend scheme as a natural extensi...
31 May 2007 /retail Trends in Financial Services
A recent redesign of the Wells Fargo homepage led to a 50% uplift in online applications, more use of key functions such as the account log-in and branch and ATM location tools, and a significant fall-off in search enquiries. The bank’s Internet Services Group used site stats, survey data and internal search information to pick up on customer re...
25 May 2007 /retail
Matt White North America editor at Finextra
Talking to Diebold CEO Tom Swidarski at the company's Emea Expo this week I was a little taken aback by his blunt answer to my question about last years closure of the ATM vendor's manufacturing plant in Cassis, France. Not for Tom the usual waffle about restructuring, he was quite clear about the reasoning behind the decision, despite union threat...
24 May 2007 /retail
Some confusion in the Finextra editorial office this past few days after we received conflicting press releases from Nationwide and the Royal Bank of Scotland both claiming to have launched the UK's first Internet bank ten years ago. So it was gratifying to get an unsolicited update on the issue from the Nationwide press office this afternoon, poi...
23 May 2007 /retail
A tornado whips through your town and flattens every building in sight – including the local bank. What’s your disaster recovery plan? This was the situation facing 83-year old Greensburg State Bank in Kansas after an F5 tornado levelled its home town on 4 May. In spite of their personal property losses, by Monday, 6 May at 9 am, bank employees ha...
18 May 2007 /retail /wholesale
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