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477 Results from 2007

Paul Penrose

Paul Penrose Head of Research at Finextra

Steam age security at Halifax

Here’s a story straight out of the steam age of information security. UK high street bank Halifax has been forced to apologise to 13,000 mortgage customers after losing a computer print out containing personal information. The documents were in a briefcase stolen from the locked car of an employee last week. Around 1,800 of the customer records inc...

/security /retail

Retired Member

Retired Member 

Is Bob Diamond worth 22 million quid?

Interesting blog on the BBC site about Bob Diamond's hefty 22 million earnings for the last year, or rather the comments on the blog are interesting. He's head of Barclays investment banking service which has been doing rather well of late, but is he worth this much? As you might expect, there's a bit of a kerfuffle about it and overall it's ano...

Retired Member

Retired Member 

Toadzilla stalks Oz

A cane toad the size of a small dog has been found down under. Nicknamed Toadzilla, the BBC reports that the feisty amphibian weighs in at a tad under a kilo and is the largest ever found in Australia's Northern territory. Or rather - largest so far. . .

Whatever...

Retired Member

Retired Member 

Satnav sends driver into river

This story from The Register of a driver who plunged her Mercedes worth knocking on a hundred grand into a river caught my eye. The driver ignored signs warning the track was unsuitable for motor vehicles and drove straight into something of a raging torrent. Why would someone do something apparently so daft? There is an experiment in psychology ...

Whatever...

Paul Penrose

Paul Penrose Head of Research at Finextra

Missing Link mystery solved

I blogged Monday about a curious report in the Sunday Times that identified the UK’s Link ATM network as the frontrunner to buy Lloyds TSB Registrars, the share registration arm of the UK bank. Lloyds TSB Registrars acts as registrar for more than 800 companies, including 60% of FTSE 100 companies. The business is valued at about £600 million. ...

/retail Finextra50 fintech index

Bob Ford

Bob Ford Vice President at Barcays Bank plc

Euro Debit Cards for UK Account Holders

I have some fun over the past year with my Bank (nameless at this point for various reasons) discussing with them SEPA and my needs as a customer. My first problem came when I wanted to pay for my attendance at the EBA Day. The requirement was to pay EUR840 from my Euro Account in the UK to the Finestra Euro Account at Coutts and Co. I know that t

/payments SEPA and European Payments

Retired Member

Retired Member 

RBS and an unusual approach to staff morale

Listening to the Today programme this morning I was astonished by the story that RBS were threatening to discipline staff who banked with competitors. RBS state that candidates are told at interviews that they must have their salary paid into an account from a bank within RBS group, although staff may open additional accounts with competitors, whi...

/retail

Paul Penrose

Paul Penrose Head of Research at Finextra

LloydsTSB appoints head of innovation

James Gardner, director for retail banking in the global financial services group at Getronics is to take up a new position as head of innovation and research in group IT at the UK's LloydsTSB. "Its an exciting role, and my team and I will be looking at ways we can productionise innovation, both from a business and technology perspective,&quo...

/retail Futuristic Banking

Hoss Atri

Hoss Atri Head of Institutional Partnerships at Elifinty LLC

Cards and SEPA

According to finextra, Mr Javier Perez, president, MasterCard Europe is quoted as saying : "The single euro payments area may currently be a term recognised in finance circles, but what the man-on-the-street needs to know is that they can use their debit card in the same way anywhere in Europe as in their own country" I am a Master

/payments

Elton Cane

Elton Cane Digital product delivery at News Corp Australia

Bank branch technology and the leapfrog effect

I was talking today to Andreas Andreades, CEO of core banking system vendor Temenos, about the company's tie-up in the US with Metavante (more on that in my next post). Something he said as an aside particularly caught my attention: "Bank customers in Thailand get a better in-branch experience than bank customers in the UK." The context ...

/retail Trends in Financial Services

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