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Vodafone rings up free mobile banking service

News Sign up for the FS newsletter today! The service, run over the Monilink mobile banking network, allows users to access banks including Alliance & Leicester, First Direct and HSBC to check their balance, request a mini-statement and top up pay-as... [10 Jul 2007]

VocaLink is born

News Sign up for the FS newsletter today! Ten banks have so far signed up to use the system, officially named the pan-European clearing and settlement mechanism, or €CSM, including ABN Amro, Bank of America, Lloyds TSB, RBS and Santander. [02 Jul 2007]

UK banks still high on the fraud hit parade

News Sign up for the FS newsletter today! UK consumer confidence in high street banks is low with more than two-thirds of consumers saying they don't trust their bank. The results of the survey conducted by Unisys, which found 71 per cent of consumers... [21 Jun 2007]

Banks warned over IT security flaws

News Sign up for the FS newsletter today! A survey of just under 400 financial institutions, ranging from high street and City banks to insurance and credit services, claimed seven per cent of the organisations tested revealed between 41 and 126... [14 Jun 2007]

Lloyds TSB banks on SAP SRM

Case Study Sign up for the FS newsletter today! Lloyds TSB has rolled out a new e-procurement system which it hopes will reduce costs and make its overall procurement process much more efficient. The bank recently completed the rollout of a supplier... [12 Jun 2007]

Financial services CIOs reveal investment priorities

CIO Analysis Sign up for the FS newsletter today! The only place we are seeing much growth are the large investment banks, stock exchanges and asset managers. The directive, which mainly impacts investment banks, market data companies, trading platforms and... [06 Jun 2007]

Bank CIOs face legacy systems dilemma

News Sign up for the FS newsletter today! Banks all over Europe are becoming increasingly hamstrung by their own legacy systems, allowing new players an easy entry into the market because existing ones can't react quickly enough.silicon.com Financial... [06 Jun 2007]

MiFID compliance - regulators in the spotlight

News Sign up for the FS newsletter today! MiFID - the Markets in Financial Instruments Directive - is Europe's attempt to update the regulations surrounding investment banks. The impact of MiFID is likely to be watered down by a lack of regulatory... [15 May 2007]

Visa to kick off contactless cards this autumn

News Sign up for the FS newsletter today! Visa payWave cards will also be issued by other Visa banks. The Visa contactless card will be launched in partnership with banks including Barclays, HBOS, HSBC and Lloyds TSB. [04 May 2007]

Cashing in on the ATM revolution

News Sign up for the FS newsletter today! According to McMillan, ATM performance will inevitably suffer, as banks load their cashpoints with more software. The opportunity to build on core 'cash and dash' services at the hole-in-the-wall will allow... [02 May 2007]

ABN Amro, Barclays: Data centres on savings hit-list

News Sign up for the FS newsletter today! The merger between banks ABN Amro and Barclays will see the consolidation of both companies' data centres and IT networks to realise cost savings of €1.65bn by 2010. [23 Apr 2007]

FS businesses collecting the wrong data - report

News In a report commissioned by reporting applications specialist Actuate, Cranfield School of Management research fellow Bernard Marr concluded many banks have been lulled into a false sense of security by relying on historical financial information... [23 Apr 2007]

"Archaic" tech stops banks selling to women

News Sign up for the FS newsletter today! IT systems at UK banks are too "archaic" to target financial products to the lucrative female market, according to a recent study on banking from Accenture. Natasha Miller, report author and senior executive at... [12 Apr 2007]

Mobile banking rings the changes

News Sign up for the FS newsletter today! According to the World Retail Banking Report from Capgemini, for some banks the emphasis is now shifting from cost-cutting measures - such as driving customers towards automated banking - to increasing revenue... [05 Apr 2007]

Anger at card fraud reporting changes

News Sign up for the FS newsletter today! From now on, card fraud will be reported to banks, which will then choose to forward the report to the authorities if they deem it is necessary. The Home Office said from 1 April new procedures under the Fraud... [02 Apr 2007]

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