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The UK is now the most internet based economy of the G20 group, according to the Boston Consulting Group. As a nation, the Brits have emerged top in terms of how much of their hard-earned cash is spe...
Personal Finance Management (PFM) is one of the hottest topics for banks today. Some of the banks are searching for the best vendor while others have already implemented PFM. Several banks are evaluat...
Statistics from Nokia indicate that the average mobile phone user reaches for their mobile phone 150 times per day, highlighting that more than ever before consumers are relying on their mobile phones...
Mobile platforms, including banking, payments and purchases, are a growing industry, and the results of a new study show more Americans are trending toward this type of service. A recent study conduc...
In Europe we are blessed (If that’s the right word) with many Clearing Houses. We are told that this provides competition and drives down prices while producing an environment for innovation. Can anyo...
Had an interesting week in the sunshine at the FIA annual conference at Boca Raton, Florida. Not surprisingly, the main topic was the move to bring the worlds of exchange traded and OTC derivatives to...
Over the past few years, organisations across the board have streamlined processes and gained significant cost efficiencies. They have also embraced electronic payments in their many guises, from Bacs...
Suddenly there seems to be a lot more talk about SIM swaps. If you don’t know, this is when a fraudster, using social engineering techniques, dupes the victim’s mobile phone operator into porting the ...
The current correspondent banking solutions date from the 1970s and cards from the 1950s. Are they really the best answer for the 21st century? The current correspondent banking model was designed in ...
There is nothing so unjust as when you have to pay for something that you think should be free or if you have to pay far more than the value that you perceive. News on the Internet, credit card annual...
Two completely different news items from across the pond caught my attention last week. The failure of RBS to conduct appropriate due diligence on the ABN Amro takeover was in the spotlight again. ...
In a rare instance of mutual benefit, the fast-growing popularity of mobile alerts promises to keep consumers happy while actually saving banks money. No wonder smart banks are jumping on providing qu...