3811 Results from /retail
Paul Penrose Head of Research at Finextra
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
Matt White North America editor at Finextra
Mick Jagger is joining a load of industry bods - including Steve Jobs - to draw up a report on barriers to e-commerce within the EU. He was asked to help out after taking part in a roundtable discussion on the subject in Brussels earlier this week. The report comes as the EU looks to make it easier for people to buy online across national borders. ...
19 September 2008 /payments /retail Whatever...
The current market turmoil looks like it's going to hit offshore outsourcing firms pretty hard. As the FT reported a couple of days ago, firms like HCL and Wipro are putting a brave face on the crisis, insisting the events at Lehman - a customer of both - won't have much of an impact on them. But despite the bullishness, Wachovia Capital Markets h...
19 September 2008 /retail /wholesale
Retired Member
One of the highlights of Sibos in Boston last year was the breakfast speech given by Nicholas Negroponte, founder and chairman of the One Laptop per Child non-profit association. Swift says Negroponte's presentation last year "triggered a lot of enthusiasm and emotion in the industry" and so the OLPC foundation was invited to set up shop...
18 September 2008 /retail Finextra@Sibos
In a lively conference session on the opening morning of Sibos 2008, Till Guldimann, vice chairman of SunGard, told delegates that the increasing use of Web 2.0 technology was "a wake up call for Swift". Guldimann put forward a proposal that would see the interbank network use Web 2.0 technologies to fight off the challenge posed by outf...
15 September 2008 /retail /wholesale Finextra@Sibos
Loyalty just isn’t working. While the statement may be a little sensationalist, to a large extent this is unfortunately true. In too many cases loyalty certainly isn’t working how it’s meant to. Customers aren’t developing preferences for stores, aren’t redeeming loyalty points and are increasingly seeing loyalty as a chore rather than a privilege....
09 September 2008 /payments /retail
One of the more intriguing developments this year to hit the front line is dynamic language conversion. Welcome. Wilkommen. Bienvenue. That is just the beginning, try doing it for dozens of langauges including chinese, japanese, korean, arabic, thai. No small task. Imagine your local global mega bank sets up a discussion forum for small businesses ...
09 September 2008 /retail Innovation in Financial Services
Jonathan Rosenne Chairman at QSM Programming Ltd.
I quote from the Boston Globe: "In one of the first interviews by a top TJX executive following a record security breach, vice chairman Donald G. Campbell told the Globe that the US payment system should follow countries in Europe and Asia that have rolled out credit and debit cards embedded with computer chips. If the cards were in use world...
08 September 2008 /payments /retail Trends in Financial Services
Recent insight into the extent of consumer personal data available for sale has shocked German authorities into emergency meetings to enact stronger new data protection laws. Like their U.S. counterparts, at least some held concerns and questions were being asked. Was SOX enough? In undercover operations the German authorities were easily able to ...
07 September 2008 /payments /retail Whatever...
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
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.