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Matt White

Matt White North America editor at Finextra

Getting on the green bandwagon

The banks certainly seem to be waking up to the potential of going green. In the last couple of days Barclaycard, Fortis and Lloyds have rushed out press releases on the subject. Barclaycard are trumpeting a new green credit card. It is not due to be launched until the summer which is just as well considering they don't seem to have got around to ...

/retail

Matt White

Matt White North America editor at Finextra

Biometric cash machines

Interesting story on the BBC Web site about biometric ATMs. They are being used in India to pay illiterate workers who have trouble with the paperwork involved in collecting their wages from the bank. The ATMs use fingerprint technology to identify card holders and also provide voice instructions for the user. The security benefits of biometric ca...

/security /payments

Matt White

Matt White North America editor at Finextra

Pointless research?

According to a survey, nearly half of Which? members are ‘annoyed’ with their bank’s interest rate. Now there’s a shock…

/retail

Matt White

Matt White North America editor at Finextra

Proper mobile banking

I spotted the headline “Royal Bank of Scotland Launches New Mobile Banking Service in North Wales” on PR Newswire and thought that it sounded right up Finextra’s street. However, I was shocked to discover that far from being some technical innovation the mobile bank is actually a service that physically moves around the valleys of Wales to provid...

/retail

Matt White

Matt White North America editor at Finextra

Bad timing by Barclays

Barclaycard announced today that they are cutting 630 call centre jobs. Some of these (200 according to Amicus) will be offshored to India. You have to wonder about the bright spark who came up with the timing of this announcement. Barclaycard is struggling – a couple of weeks ago it announced that profits were down a massive 40% in 2006. But any...

/retail

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