307 Results
Paul Penrose Head of Research at Finextra
"We are not currently processing any deposits or any withdrawal requests through our Icesave internet accounts. We apologise for any inconvenience this may cause our customers. We hope to provide you with more information shortly." The notice posted on the Icesave Web site today is the electronic equivalent of a Great Depression bank shut...
07 October 2008 /retail Trends in Financial Services
Barclaycard has unveiled a new logo and visual identity. It is a break from the logos used by the bank during the last four decades, which had been designed to be seen on the traditional plastic card. Says Anthony Jenkins, Barclaycard CEO: "Our new identity expresses where we see the future, freeing the chip on the credit card from the constra...
02 October 2008 /payments /retail
Tesco's decision to expand its banking business looks like a smart move, as consumers seek a safe haven for their cash away from the carnage in the traditional banking sector. UK supermarket chain Tesco - which serves 20 million customers a week - says it has seen the number of applications for savings accounts double in recent days. The group rece...
01 October 2008 /retail Trends in Financial Services
The Netherlands Bankers Association have launched their own inimitable viral-style Web campaign to alert people to the dangers of easy-money mule recruitment tactics (hat-tip to Linkdump). Although the campaign is only available in Dutch, the approach is bizarre enough to hold your attention. Somehow, I can't see the buttoned-up UK banks producin...
26 September 2008 /security /retail Video extravaganza
Wall Street is history. Official. The news from New York that Wall Street's last two investment banks Morgan Stanley and Goldman Sachs are to convert into tightly regulated bank holding companies marks the end of an era for the capitalist economic system. The investment banking model that for decades has powered a global boom in leveraged finance,...
22 September 2008 /retail /wholesale Trends in Financial Services
In protest at this 21st century corporate mania for re-branding I suggest we go back to the original source material (as legend has it) and give Swift a distinctively groovy, retro feel.
11 September 2008 /payments /wholesale Finextra@Sibos
Payments professionals jetting off to the Sibos international banking show in Austria next week can offset some of their planet-warming carbon emmissions by taking part in a simple online survey on Finextra - and get a chance to win a top-of-the-range mountain bike to boot. The green e-invoicing quiz is part of Finextra's SibosOnline Green Zone ...
10 September 2008 /payments /wholesale Finextra@Sibos
Antony Jenkins, CEO of Barclaycard says contactless chips have huge untapped capability, but the plastic around the chip limits its potential. "Take the plastic away and the possibilities are endless, allowing the customer to pay by using something that they are already carrying, be it a mobile, key fob or even via biometrics," he says. F...
09 September 2008 /payments Futuristic Banking
Chi-X chief Peter Randall must be having a field day. Just three weeks ago he warned that the LSE's decision to lower its pricing in advance of plans to upgrade capacity on its shiny new TradElect platform was an accident waiting to happen. Of course, it may be just coincidence that the LSE systems fell over as traders scrambled to cover their posi...
08 September 2008 Finexpo
This is impressive technology. You can see it in action on this Cisco promo vid on You Tube. And no. I'm not on a retainer.
05 September 2008 /retail /wholesale Video extravaganza
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