Non-bank competitors

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/Non-bank competitors

Yahoo! Japan teams with Nikko Cordial and E*Trade to launch online trading service

Yahoo! Japan is teaming with Tokyo-based brokerage Nikko Cordial and Internet broker E*Trade Securities to deliver online stock trading services to its users.

/Non-bank competitors

MasterCard Europe and ICE deliver card-based travellers cheques

MasterCard Europe is partnering with the International Currency Exchange (ICE) to launch Cash2Go, a PIN secured, pre-paid Maestro debit card designed to replace paper-based travellers cheques.

/Non-bank competitors

Sainsbury's Bank reports strong growth in online financial sales

UK supermarket bank Sainsbury's says it now sells over a third (30%) of its financial products online, a significant increase from two years ago when fewer than one in five (18%) purchases were made via its Web site.

/Non-bank competitors

Sainsbury's Bank launches Internet only account

Sainsbury's Bank, the financial services arm of the UK supermarket chain, is launching its first Internet only banking account.

/Non-bank competitors

Wincor Nixdorf wins Taiwan Post Office ATM contract

ATM manufacturer Wincor Nixdorf has won a contract to supply 532 cash machines to the Taiwan Post Office (TPO).

/Non-bank competitors

Tesco expands in banking

UK retailer Tesco is to move into mortgage sales and extend its online banking capabilities to benefit from cross-sales and low customer acquisition costs from its popular home shopping service.

/Non-bank competitors

Mobile payments operator NCS awarded e-money licence

Germany's NCS has received an electronic money licence from the country's Federal Institute for Financial Services Supervision (BaFin) allowing it to operate as a 'mobile payments bank' for payments and fund transfer services executed over wireless handsets.

/Non-bank competitors

Sainsbury's touts for deposits at the check-out

Supermarket chain Sainsbury's has stepped up its challenge to the UK banking industry with the launch of a new debit card-based system for capturing customer deposits at the check-out.

/Non-bank competitors

Barclaycard buys into House of Fraser store cards

Barclaycard is to take over the running of the House of Fraser store card business under a joint venture partnership with the upscale retailer.