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26 Mar 2015 10:11

HSBC to relocate retail and commercial operations to Birmingham

HSBC is set to move the company’s UK personal and business bank headquarters to Birmingham for its planned ring-fenced UK retail and commercial banking business. Read more … [Source: BBR]

26 Mar 2015 10:09

‘Cloud containers’ may be a digital package banks can accept

The so-called cloud container, a tool that makes it easier to develop apps for different operating systems, has emerged as a disruptive technology in data center and cloud computing. Even banks, ever cautious about safety in the cloud, may embrace the technology. Read more … [Source: BTN]

25 Mar 2015 11:42

Did Google’s search for tighter bonds with banks lead it to Porat?

By poaching Ruth Porat from Morgan Stanley, it’s clear Google wants to forge closer relationships with banks. That’s because banks hold the key to helping Google expand its Google Wallet mobile payments product. Read more … [Source: BTN]

24 Mar 2015 15:21

Square extends Cash to businesses

Square is hoping to wean America’s merchants off cheques by extending its Cash person-to-person payments service to businesses. Launched in 2013, Square Cash lets Americans send money to friends and family for free through a linked debit card using only an email address or phone number. The service is now being extended to businesses and non-profits,  Continue Reading » [Source: Finextra]

24 Mar 2015 03:47

British invasion, fintech edition

Boris Johnson, the mayor of London, visited New York last month, not to promote British tourism or compare notes with his counterpart Bill de Blasio, but to showcase financial technology firms. Read more … [Source: BTN]

23 Mar 2015 10:06

US House delves into payments technologies

Democrats and Republicans from the US House of Representatives have come together in a bipartisan effort to form the Congressional Payments Technology Caucus (CPTC), a group aimed at exploring innovative payments technologies. [Source: PYMNTS]

23 Mar 2015 08:29

Razorpay brings Stripe-style payments to India

A new startup called Razorpay is hoping to surf a tidal wave of e-commerce projects rocketing through India by making it easier for startups and major players to add payments to their services package. [Source: PYMNTS]

23 Mar 2015 07:17

Apple Pay coming to China in April?

According to reports on kapron Asia, it seems as though Apple and China Union Pay have struck a deal that had only existed in rumors until now, meaning that the Chinese version of Apple Pay could be set to roll in April 2015. [Source: PYMNTS]

23 Mar 2015 03:56

Poll results: When will the US upgrade to real-time payments?

The results of a recent American Banker poll are in. When will the US have real-time, ubiquitous, secure payments? [Source: BTN]

23 Mar 2015 03:54

From cows to mobile – the ideas that changed payments

While the Code of Hammurabi is best known for the ‘eye for an eye’ proclamation, it also deserves credit for being the first recorded instance in history where money was formally recognized as a tool of civil society. [Source: PYMNTS]

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Ron Shevlin is a senior analyst at Aite Group. He specializes in retail banking issues including sales and marketing technologies, customer and marketing analytics, loyalty management, P2P lending, personal financial management, social computing, online banking, customer experience and consumer behavior.
3 posts

Written by  28 Nov 2012 07:56

Five not-so-best practices for banks on Facebook

Ron Shevlin falls face down in a list of ‘best practices for financial institutions’ that just don’t seem quite right.

Written by  26 May 2012 08:10

Which consumers prefer credit unions?

Ever notice how happy a pig in shit is? That’s probably how that saying came about. Well, give me survey data, and I’m happier than a pig in shit. And I’m really happy right now, because the results of a survey of 1,115 US consumers, conducted by Aite Group and BancVue, is sitting on my  Continue Reading »

Written by  02 May 2012 11:24

Gen Y and bank branches: a message for branchaholics

CU Times reported on a study conducted by Fiserv which found that: Gen Y members do not limit themselves to online and mobile banking — they’re more likely than any other age segment to visit a branch, drive up to an ATM or phone a call center. My take: This is not a cause for  Continue Reading »