Bank Credit Card Guide & Banking News

Barclays Fights Phishing With Smart Bankcards and Readers - TechWeb
Phishing plummets and customer satisfaction soars as Barclays deploys smart card readers. WWith the most registered online banking users in the U.K. (6 million) and a growing online fraud epidemic, London-based Barclays Bank knew it had a problem ...
Posted: Mon, 29 Dec 2008 19:31:00 GMT

Barclays Capital To Launch Product Based On FDIC-Backed Debt - CNN Money
WASHINGTON -(Dow Jones)- Barclays Capital is preparing to sell a new type of security tied to the Federal Deposit Insurance Corp.'s temporary program to guarantee bank debt, a move that could aid small banks. The securities firm believes the product ...
Posted: Fri, 02 Jan 2009 20:16:00 GMT

After sales, will shoppers pay full price again? - Marketplace.publicradio.org
Shoppers are getting used to those 75 percent off sale signs, and that's bad news for merchants who worry they will also have to quickly slash prices on spring goods to attract customers. Anxieties about how rampant discounts have affected shoppers ...
Posted: Tue, 06 Jan 2009 21:23:00 GMT

Tech Spending in 2009 to Be Trimmed, Not Slashed - TechWeb
Bank technology executives acknowledge that 2009 will be lean, but they're hopeful that it won't be too mean. No doubt it's a time of greater budget scrutiny in the banking industry. But while the sky may be falling, the world hasn't stopped turning ...
Posted: Tue, 06 Jan 2009 15:46:00 GMT

Student's £100bn overdraft shock - Ananova
A student was stunned when his online banking statement showed him to be overdrawn by almost £100bn. Donald Moffat, 38, from Ayrshire, said that his Barclays account was showing two separate withdrawals of £50bn. The bank said a "technical error ...
Posted: Wed, 31 Dec 2008 11:50:00 GMT

RBS poised to pull £7bn insurer sale - Times Online
ROYAL Bank of Scotland is considering abandoning the £7 billion sale of its insurance operations, as fears grow that it is likely to announce a new year profits warning. The government-controlled bank has rejected an initial offer from CVC Capital ...
Posted: Sat, 27 Dec 2008 23:58:00 GMT

Bovis Homes renegotiates £220m loans - Times Online
Bovis Homes has renegotiated its £220 million banking facility with six lenders earlier than expected. The British housebuilder has relaxed the covenants on its reduced debt deal but will have to pay a higher interest rate. The new facility lasts ...
Posted: Mon, 29 Dec 2008 22:30:00 GMT

Joe Kinnear targets Cup run to lift gloom - Times Online
Joe Kinnear is banking on a long run in the FA Cup to provide Newcastle United with some much-needed new year cheer. Dismal defeats by Wigan Athletic and Liverpool, coupled with a long list of injuries and the failure of Mike Ashley, the owner, to ...
Posted: Tue, 30 Dec 2008 23:54:00 GMT

Whom to watch on the Street - Globe and Mail
People magazine runs its annual list of the sexiest man alive. Here in Report on Business, there's a compilation of the deals of the year coming soon. What if those two lists were married up? What if we paused for a moment to point out a handful of ...
Posted: Tue, 06 Jan 2009 23:53:00 GMT