980 Results from /wholesale
Retired Member
Reports have surfaced that HSBC is considering adopting Apple's iPhone as its "official corporate mobile device" and ditching Research in Motion's Blackberry system. Brenton Hush, chief information officer at HSBC's Australia and New Zealand division, told reporters that the group is considering rolling out the iPhone to a potential &quo...
13 August 2008 /retail /wholesale
Elton Cane Digital product delivery at News Corp Australia
With Sepa opening up choice of clearing infrastructure for banks in the euro-zone, many banks no longer see ownership of their national domestic infrastructures as necessary. Italy's SIA-SSB has appointed Citi as an advisor, as its major bank shareholders Intesa Sanpaolo and UniCredit look to sell. Atos Origin was recently named in press reports ...
08 August 2008 /payments /wholesale SEPA and European Payments
Stanley Epstein Associate at Citadel Advantage Group
Why is it that the minute something goes wrong someone or something has to be blamed? It almost seems that as long as a "guilty" party can be found then we have done our duty and can simply forget about the problem ... until the next time. This is currently the case in point in the brouhaha in the United States around the perceived failur...
31 July 2008 /regulation /wholesale
While banks might be cutting rates for IT contractors - see Navjeet's blog post from last month, and the Barclays announcement yesterday - it seems quite a few vendors are still doing well. For core banking system vendors in particular, there has been a spate of good financial results. In its quarterly announcement today Temenos net income wa...
30 July 2008 /retail /wholesale Finextra50 fintech index
On his blog, Bo Harald outlines 5 of the "mega class" drivers for the business and banking sectors to embrace e-invoicing. Some of them are obvious, though it's great to see them quantified so well -- cost savings, productivity and automation, reduced environmental impact etc. But what struck me as particularly interesting was the figur...
23 July 2008 /payments /wholesale SEPA and European Payments
Paul Penrose Head of Research at Finextra
Words of wisdom from President George W Bush on the financial malaise gripping the world economy and the sub-prime mortgage crisis, captured surreptitiously on video at a private event and posted on YouTube. More hilarity - only this time of the genuinely funny kind rather than hysterical - from the Daily Show with Jon Stewart, comparing and cont...
23 July 2008 /retail /wholesale Video extravaganza
I fear the exploits of Cityboy at the Glastonbury music fest may have gone to the poor chap's head. The ex-DrKW analyst is back on YouTube promoting his catchy new single 'Cityboy'. All together now: 'I'm just a Cityboy Another lonely pretty boy Columbian exports in my brain I'm off my face again' Burt Bacharach he ain't. Maybe he should have sta...
23 July 2008 /wholesale Video extravaganza
As expected, the New York Stock Exchange has hit back at recent market share stats distributed by Nasdaq OMX, accusing its competitor of "blurring the lines between fantasy and reality". Here's the text of the Nyse rebuttal letter currently doing the rounds: The most recent boasts by one of our competitors, NasdaqOMX, takes a turn from Wi...
22 July 2008 /wholesale
The news that "the Bank for International Settlement (BIS) has issued a consultative document seeking feedback on ways to address... ...the lack of transparency in payment messages used for cross-border cover payments." cannot come as a surprise to anyone involved in the implementation of AML systems. This inherent weakness has long been...
21 July 2008 /payments /wholesale Transaction Fraud Systems and Analysis
HP has dedicated a fair amount of corporate Web space to promoting it's environmentally-friendly 'Green Giant' credentials. So I'm assuming this report from the Register is some kind of elaborate joke: "HP shatters excessive packaging world record". The accompanying picture story details how one amazed Reg reader took receipt of a very ...
21 July 2008 /retail /wholesale Going green
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