retail banking
UK banks warned over online competition
News A report into the future of retail banking predicted they will lose as much as 25 per cent of their profits if they do not face up to competition from online rivals and retailers. Banks have lost sight... [16 Nov 1998]
UK government told to get its smartcard act together
News The Smartcard Club represents a wide membership of retail, banking and government organisations hoping to keep their finger on the pulse of smartcard developments. The UK government is in danger of... [26 Oct 1998]
NTL launches UK online shopping service
News Cable operator NTL has launched an online retail service for its one million UK subscribers. The company claims it will be the first to offer shopping, banking and booking services in a single package. [07 Oct 1998]
Smartcards help deliver financial services over the till
News As part of the drive to link financial services with retail outlets, the bank will also install 16 ATMs (automated teller machines) in stores across the UK during the next month. Costs rose just 6 per cent, with most of... [16 Sep 1998]
UK financial firms lose out to online rivals
News He added: "This [online] growth will be further driven by interactive TV, but unless the major players in the UK market start to take the Web more seriously, they will find themselves pushed out by new competitors such as foreign... [26 Aug 1998]
Epayment could hit bank profits
News Electronic billing and payment systems are threatening retail bank profits, according to a report by research firm, Killen & Associates. He added: "We welcome anything that speeds up the process for the customer - we... [21 Aug 1998]
In brief: British Interactive Broadcasting loses its head
News Hilton's replacement, James Ackerman, is already at the helm, and the company expects to announce a number of agreements with finance and retail institutions within the next few weeks. The alliance between BSkyB, BT,... [14 Aug 1998]
KPMG report warns of euro chaos
News A senior economist at KPMG's Management Consultancy has warned that European telecoms, banking, utilities and retail firms are vulnerable to disruption from the single European currency. Leo Martin said:... [10 Aug 1998]
Multos to dominate smartcard platform, says analyst
News The retail, software and banking industries are waiting with baited breath to find out which will dominate the market so they can start developing applications and branding strategies for whichever is... [05 Aug 1998]
Visa puts weight behind smartcard firm
News Epurse applications load credit onto a chip installed in a card, for use over the Internet or at retail terminals. Colin Baptie, a Visa spokesman, said: "The standard will be ratified by the ECBS - a central... [30 Jul 1998]
Verifone puts personal cash smartcard on European trial
News Bushell could not reveal the identity of the European companies involved in the trials, but said they are from the banking, telecoms, utilities and retail markets. Smartcard solutions developer Verifone... [14 Jul 1998]
Logica builds up retail banking strength with Quaestor
News Logica has added to its retail banking products with the acquisition of Synectics' Quaestor software for £8m. Quaestor increases our position in the retail banking... [03 Jul 1998]
NatWest denies claims of Microsoft involvement in network crash
News NatWest has played down the impact of its retail banking network crash, despite reports that Microsoft and IBM sent teams of specialists into the bank to help track down the problem. A spokesman for... [03 Jul 1998]
NatWest makes light of network crash
News NatWest played down the impact of its retail banking network crashing early last week. Microsoft reportedly sent a team of specialists into the bank to help track down the problem. IBM was also believed... [01 Jul 1998]