The BBC ran a report about ATM scams the other day. In this case, it's the scam called "scandalous bank fees if you use an ATM overseas". They do love those stories about how banks ripoff customers don't they? The gist of the report is that you are charged withdrawal fees, currency conversion fees and…
The BBC ran a report about ATM scams the other day. In this case, it's the scam called "scandalous bank fees if you use an ATM overseas". They do love those stories about how banks ripoff customers don't they? The gist of the report is that you are charged withdrawal fees, currency conversion fees and…
In a pretty important announcement today, O2 has opened a card-based financial service for their UK mobile subscribers. These are mobile Visa debit cards, powered by NatWest banking. O2 is one of the UK's largest mobile carriers, with over 23 million subscribers, and the service will be available from August 2009. The O2 Visa cards…
Finanser sponsor Cisco released a report yesterday that has grabbed a ton of headlines: IT guys steal Yep, all you techie, geeky, propeller heads out there are thieving criminalistic mafiosa types. Or so Cisco say anyway. How do they come to this conclusion? Because laid-off workers from banks’ IT departments during the credit crunch are…
Finanser sponsor Cisco released a report yesterday that has grabbed a ton of headlines: IT guys steal Yep, all you techie, geeky, propeller heads out there are thieving criminalistic mafiosa types. Or so Cisco say anyway. How do they come to this conclusion? Because laid-off workers from banks’ IT departments during the credit crunch are…
According to several media reports two weeks ago, the new head of the London Stock Exchange intends to dump TradElect, their flagship system introduced two years ago for a cool £40 million investment. Ever since the system crashed last September and the LSE's share price tanked, we've all been wondering what would happen, especially as…
According to several media reports two weeks ago, the new head of the London Stock Exchange intends to dump TradElect, their flagship system introduced two years ago for a cool £40 million investment. Ever since the system crashed last September and the LSE's share price tanked, we've all been wondering what would happen, especially as…
According to several media reports two weeks ago, the new head of the London Stock Exchange intends to dump TradElect, their flagship system introduced two years ago for a cool £40 million investment. Ever since the system crashed last September and the LSE's share price tanked, we've all been wondering what would happen, especially as…
It surprises me to read that a teen intern's paper on social media has created a massive flurry of interest in Morgan Stanley and their clients' middle-aged management teams. "The Financial Times reported today that the US investment bank's European media analysts asked Matthew Robson, a (15-year old) intern from a London school, to write…
Unbelievable developments this week, ever since the story broke that Goldman Sachs were suing a developer for stealing their algo programs, and potentially using them for illegal matters and purposes. The story actually goes back to when Goldmans announced last week that they were fed up with rock mag, Rolling Stone, over a piece claiming…
