278 Results from 2008, /retail
Retired Member
HSBC stands accused of 'cultural insensitivity' after dressing up an overweight white man to look like a sumo wrestler and running it on ads across the UK. Complaints have come in that it looks like the man's skin tone has been darkened and his eyes have been made to look narrower - however the ad agency concerned claim it's just standard photograp...
26 August 2008 /retail Cringeworthy marketing gallery
Customers may well ask what chance they have if even the bosses of the banks are victims of fraud. Marcus Agius and Andy Hornby can't simply ignore the problem can they? What do shareholders really think? There have been rumblings from downunder about focusing on social networking sites as the root of the problem. Cobblers. A lot of social networki...
21 August 2008 /payments /retail Innovation in Financial Services
Elton Cane Digital product delivery at News Corp Australia
Further to my recent post -- It's not all doom and gloom for financial technology -- I've been reading a few predictions for IT spending in 2009. Some choose to focus on the positive -- for e.g. spending on risk management systems is growing. While others look at the state of software and IT services more broadly, and are much more pessimistic....
20 August 2008 /retail /wholesale Finextra50 fintech index
HSBC has denied reports that it is considering ditching the Blackberry and adopting Apple's iPhone as its official corporate mobile device. Brenton Hush, chief information officer at HSBC's Australia and New Zealand division, told reporters last week that the group is considering rolling out the iPhone to a potential "200,000 people". Bu...
19 August 2008 /retail /wholesale
I recently looked at some superannuation sites. I am going to mention my thoughts on a few. I'll start with Tower. Will that be a Super Regular Premium Plan, or will you have the Regular Premium Plan or the Single Premium Plan, superannuation plan and would you like Tower Performance Moderate to High, or Tower Capital Guaranteed Low to Moderate Ris...
19 August 2008 /retail Innovation in Financial Services
Our original True Medal Tally version one posted late last week generated some amusing remarks about the race for the wooden spoon once you allow for per capita productivity. But the Aussies have taken some Olympic revenge by moving into the lead over Great Britain. For the latest top 10 list of the True Medal Tally at the close of day 10 in Beij...
18 August 2008 /retail Innovation in Financial Services
I see the Absa move as being a smart one, except for the methodology, but we'll see how they go. I have been suggesting it for a while and it's nice to see I have been beaten to the punch by Absa. I can only assume they are one step away from ditching cards altogether. Good work.
15 August 2008 /retail Innovation in Financial Services
A Ohio man who "doesn't trust paper money" hauled $8000 in coins down to his local car dealership to pay for a new Chevrolet truck. According to local reports, James Jones, 70, produced 16 coffee cans full of dimes, quarters, half-dollars and dollar coins to buy his new pickup truck. But his coins only covered half of the $16,000 price ...
14 August 2008 /retail
After news earlier this month that National Australia Bank had recruited Oracle to manage the roll out of the first phase of a A$1 billion overhaul of its core banking operations, it's not surprising that I-flex, majority owned by Oracle, will be providing the new core banking system. However, The Economic Times in India reported some more detail...
14 August 2008 /retail /wholesale Asia Financial Services
Wouldn't it just be easier to prevent the ID theft in the first place or is ID theft profitable for credit bureaus? It seems hardly likely. Prevention - not joint mopping up, it doesn't prevent the trauma and inconvenience. Hold hands and mop up, mopping up an endless mess? Whoopee. Maybe you can jointly form a separate 'mop brigade' and spin it o...
13 August 2008 /retail Whatever...
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