02 February 2015

Finblog

Archive for: May, 2007
Paul PenroseFinextra - London

Pimp my plantpot

31 May 2007  |  4149 views  |  1  |  Recommends 0

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...

TagsRetail bankingGroupTrends in Financial Services
Paul PenroseFinextra - London

Wells' Web makeover woos punters and analysts

25 May 2007  |  5184 views  |  0  |  Recommends 0

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...

TagsOnline bankingRetail banking
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Paul PenroseFinextra - London

Who launched the UK's first Internet bank?

23 May 2007  |  8072 views  |  1  |  Recommends 2

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 f...

TagsOnline bankingRetail banking
Paul PenroseFinextra - London

We're not in Kansas anymore

18 May 2007  |  2843 views  |  0  |  Recommends 0

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 i...

TagsRetail bankingWholesale banking
Paul PenroseFinextra - London

HSBC and Abbey send clear message to phishermen

17 May 2007  |  4695 views  |  0  |  Recommends 0

HSBC and Abbey have broken ranks with other UK banks and decided not to participate in a national push to supply online banking customers with two-factor authentication devices. While most of the maj...

TagsOnline bankingRetail bankingGroupTrends in Financial Services
Paul PenroseFinextra - London

Waking up to wireless

14 May 2007  |  3306 views  |  2  |  Recommends 0

The WSJ has reported that the hackers who made off with the credit and debit card details of 45 million shoppers at TJX, initially breached the firm’s perimeter defences through an insecure wireless n...

TagsSecurityRetail banking
Paul PenroseFinextra - London

E-gold diggers

04 May 2007  |  3646 views  |  0  |  Recommends 0

Douglas Jackson, chairman and founder of digital cash enterprise e-gold, has mounted a spirited defence against an indictment charging e-gold Ltd., Gold & Silver Reserve, Inc., and the directors o...

TagsPaymentsRetail banking
Paul PenroseFinextra - London

And the award for best banking Website goes to...

03 May 2007  |  4912 views  |  0  |  Recommends 0

We don’t usually give much currency to business awards on Finextra. In the fintech sector they’re usually just another money-making wheeze dreamt up by desperate advertising execs at trade media outle...

TagsOnline bankingRetail bankingGroupTrends in Financial Services
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