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Paul Penrose

The magstripe is finished

Police in Devon and Cornwall are warning the public to be extra-vigilant after discovering three card skimming devices at cash machines in the south of England. It's a mark of how far we've come that ...

23 Jun 2009
Paul Penrose

Ronaldo dribbles into European merger league

Nothing could illustrate the depression in the M&A markets more than the news that Christiano Ronaldo's £80 million transfer to Real Madrid ranked as the seventh largest deal in the whole of Europ...

16 Jun 2009
Whatever...
Paul Penrose

Tesco vs the banks is like Darth Vader taking on the Daleks

UK supermarket chain Tesco opened its new banking headquarters in Edinburgh yesterday. The retailer is looking to cash in on consumer disenchantment with crisis-stricken traditional banks. Chief execu...

11 Jun 2009
Whatever...
Paul Penrose

We can predict the future - breach researchers amazing claim

Fourteen data breaches will, over the next year, each expose one million or more records to potential use by criminals. And, at least one breach of over 10 million records will affect nearly five perc...

29 May 2009
Paul Penrose

Time to scrap cash?

With the spectre of negative interest rates hoving into view, is it time to rethink the value of cash as a medium of exchange? Failure to do so will lead inevitably to currency hoarding as savers turn...

20 May 2009
EBAday
Paul Penrose

The mysterious case of the dodgy VocaLink hotmail account

Another day, another sorry tale of dirty tricks, identity theft and corporate espionage on the Finextra news beat. Intrigued? Then read on. I promise you won't be disappointed. A couple of weeks back ...

12 May 2009
Whatever...
Paul Penrose

UBank's Twitter offensive

At the risk of becoming a Twitter bore, here's another innovation from the land down under: NAB direct banking offshoot UBank is offering a free IGB USB flash drive to its first 1000 followers on Twi...

06 May 2009
Finance 2.0
Paul Penrose

ANZ CEO announces resignation - on Twitter

Twitter ye not. Brian Hartzer, CEO of ANZ's Australian operations has just announced his resignation - on Twitter. In a valedictory tweet posted Monday, Hartzer says: "Folks, this is my last twe...

05 May 2009
Finance 2.0
Paul Penrose

Twitter and other banking fads

LloydsTSB's James Gardner has caused a bit of a stir with some provocative comments on his BankerVision blog about the value of Twitter to banks. The Twitterati don't take kindly to criticism (constr...

30 Apr 2009
Finance 2.0
Paul Penrose

Smoke, mirrors and financial accounting

How did the basket-cases of the US banking industry manage to post such, relatively, healthy results? It's all done by sleight of hand, as Dealbook helpfully explains. I particularly liked Goldman Sa...

22 Apr 2009
Finextra50 fintech index
Paul Penrose

No more 'free smiles' as JPMorgan brings back boring banking

Conventional wisdom has it that bank branches should take their cue from modern retail practices. They should be bright and welcoming, preferably open plan with comfy seating and staffed by approachab...

17 Apr 2009
Trends in Financial Services
Paul Penrose

The pound in your pocket may be worth less than you think

The number of fake pound coins in circulation may be twice Royal Mint estimates, says the BBC. Official figures suggest around 2.5% - or one in 40 - are copies, but coin testing companies say it is o...

08 Apr 2009

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