The trial, in three branches in and around Reading, aimed to lower the bank's staffing costs in some of its less busy outlets. UK bank, Lloyds TSB, has abandoned trials of unmanned high-street branches after customers complained about being left...
Events that can trigger a warning include the transfer of large sums of money between accounts or the purchase of expensive goods through retail outlets. Some banks are already using basic types of risk analysis behind the scenes and Hewgill...
Ironically, banks are beginning to experiment with high-speed and convenience factors, especially contactless cards. And he predicted: "Within five to 10 years this will be mainstream, and the big high street players will have moved this way.
Around 35,000 Commonwealth Bank customers in Australia are currently trialling the cards with selected retail outlets such as 7-Eleven. Channel development manager of the convenience chain, David Anstee, said he had not fielded any complaints from...
A number of retail outlets and high street banks within the east end of London have agreed to participate in the venture. Principal analyst Alistair Newton predicted the proliferation of consumer technology and the globalisation of money markets.
The fast food chain committed to rolling out free wireless internet connectivity across its 1,200 outlets in what observers saw as a move to try and attract more customers away from trendy coffee bars.