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A new study conducted by associate professor of management Paul Dholakia at Rice University's Graduate School of Management indicates that online peer-to-peer lending Web sites may be more attractive ...
The UK's Financial Services Authority has concluded its first insider dealing case in almost two years. The culprit? A Body Shop IT technician who snooped on private e-mails to make a £38,000 profit b...
UK insurance company Norwich Union has scrapped a pioneering pay-as-you-drive insurance policy, which used in-car telematics and GPS satellite tracking to monitor car usage. The data was used to offe...
Financial messaging network Swift has been bigging up the switch over to its new corporate Web presence for the past few weeks now. The new site went live at the weekend, so I thought I'd pop over the...
Visa has announced plans to cut the fees charged to petrol stations in the US, amid growing unrest at the effect that high interchange charges are having on merchant profits. Announcing the move, Visa...
Investment firms were distinctly unimpressed by the London Stock Exchange's announcement that it is to work with Lehman Brothers to create a new dark pool trading platform. By mid-afternoon, shares i...
My last blog posting pointed to a recently-filed wireless patent from Apple for the use of GPS location tracking on the iPhone to serve up onscreen menus from establishments in your immediate vicinit...
Apple filed a rather fascinating patent application in December last year for a wireless communication system. "A processing system is described that includes a wireless communication interface ...
John Thain estimates that Merrill Lynch's 20% stake in financial information supplier Bloomberg could be worth up to $6 billion. The valuation puts a $30 billion price tag on the company and makes Th...
I took delivery of a new home computer this week. First task: set up the Internet connection, download Firefox and check my e-mail. I then let the kids (ages 9-16) loose on the machine. First task: lo...
Belatedly proving that there is life after Swift, the banking co-operative's former head of securities James Donovan has landed a new role at US self-regulatory authority Finra. In his new job, Donova...
The Federal Reserve Bank of New York yesterday published a paper that describes ten major long-range trends in the settlement of large-value payments worldwide. The trends are driven by technological ...