Almost half of UK internet users are going online via mobile phone data connections, according to the Office for National Statistics.45% of people surveyed said they made use of the net while out and about, compared with 31% in 2010. more
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· There is a need for continuous deployment in Internet Banking in order to remain competitive
Only an Agile approach to systems development will cut it in the fast paced world of internet banking according to the head of UBank, NAB s online division which has now racked up almost 200,000 customers for its online only accounts, generating almost $10 billion worth of deposits. more
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· Mobile money transforms Uganda
With a population of about 32 million people, Uganda has over 10 million mobile phone subscribers and only about three million bank account holders.
The platform took advantage of the extensive reach of mobile phones to improve financial access and bring...more
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· Knowledge is wealth, investor survey finds
Investors who were losing money tended to be those who based decisions on rumours. In contrast, those who profited were more knowledgeable. They studied the fundamentals of the stocks together with technical analysis before making buying and selling decisions...more
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· Four social media business strategies that work
According to a recent research media and marketing survey, nearly two-thirds of Americans between 25 and 34 years old have personal profile pages on social networking sites, and 30 percent of those people access those sites at least once a day. more
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· Mobile payments, Banking on growth
In the developing world people are also using mobiles to top up their own and other people’s prepay balances, transfer money and even pay household bills. While mature markets are littered with stalled and under-used mobile-payment services, the developing world—with its lack of financial infrastructure and a population heavily reliant on mobile phones—boasts multiple m-payment initiatives ..more
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· Visa pushes new mobile phone payment systems
VISA will roll out a network that will allow its customers to pay for goods using their mobile phones in time for the 2012 Olympics. The world’s biggest payment processing firm hopes the new technology will allow it to corner the small transactions market, which is still dominated by cash purchases..more
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· Online P2P loan on the rise
As banks and credit card issuers increasingly turn away loan applicants in today's tight credit environment Hybrids of social networking websites and online loan auction houses, P2P lending platforms connect people with a need for a loan to people looking to lend on a small scale, typically anywhere from USD $50 to $25,000. With the exception of the Lending Club, which emphasizes its focus on prime borrowers, they also generally leave the door open to lower quality borrowers more..
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· Chinese cards market is gradually opening up
Gradual easing of regulations and slow, step-by-step approval processes by Chinese government bodies have finally lead to the definitive presence of four major foreign issuers and limited acceptance of non-CUP network cards in China. A look at some of the major milestones of recent years paints an optimistic picture
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· The internet is changing, says Google
Web must now have content that is rich, up-to-date and immediately useful. One billion people will be connected to the internet by the end of 2011. The nature of search has moved from ten years ago, when people were usually looking for text articles on specific topics often for research purposes, but this has changed.. More
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· Mobile phone internet searches more than treble, boosting UK’s retail sector
SHOPPERS’ internet searches from mobile phones and tablets more than trebled in the second quarter of the year, as booming online sales offer some hope to the UK’s retail sector.
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· Online banking is growing faster than the Internet sector
To Mobile phones are the future of the most important threat for bank operations through Internet, the Trojans, which "are not part of social engineering and it is very difficult to detect them." Online banking is growing faster than the Internet sector....more..
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