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Mergers to shake up US e-banking market - comScore (Finextra)
The wave of financial mergers in the US will result in a shake up of the Internet banking market, but Bank of America will continue to have the most ...
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Panic hits British Icesave customers as Icelandic internet bank stops all withdrawals and deposits (Daily Mail: World News)
Icesave customers were beginning to panic after the internet bank stopped savers withdrawing their cash. There was no explanation for the move but it comes as Iceland's government grappled with a major crisis in its banking sector.
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U.S. Mobile Banking Has Yet To Take Off (InformationWeek)
Only 10% of U.S. consumers use a cell phone to perform a banking transaction, but as Nokia and others push it, the field is expected to grow.
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United Arab Bank opts for Clear2Pay e-banking platform (Finextra)
Brussels-based Clear2Pay has signed United Arab Bank to its Internet banking system, Diagram.
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UK banking stocks take a hammering (ITN via Yahoo! UK & Ireland News)
UK banking stocks have taken a hammering as the FTSE 100 creeps back from four-year lows.
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Awareness and use of mobile banking low (WPBN Traverse City)
Tuesday, October 07, 2008 at 12:35 p.m. The use of cell phones to conduct banking activities such as balance inquiries, bill payment and funds transfers is still a relatively new capability for many banks.
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FTSE falls as banking stocks hammered (ITN via Yahoo! UK & Ireland News)
UK banking stocks are being hammered after the FTSE 100 suffered its biggest one-day points drop, with £93 billion wiped off shares.
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200,000 UK savers hit by Icelandic banking crash (Evening Standard)
The Icelandic banking crash hit more than 200,000 British savers today in a new and more dangerous phase of the financial crisis. Customers with online bank Icesave were told they could not withdraw money from their accounts from 8am.
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Fears Spread About Online Bank Runs (InternetNews.com)
With the rise in Internet banking, officials at home and abroad caution about how rapidly Web users can spur massive withdrawals after a loss of confidence in their bank.
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Icelandic internet bank stops British customers making withdrawals as bank goes into receivership (Daily Mail: World News)
More than 200,000 British investors in the Icelandic internet bank Icesave were today unable to make any deposits or withdrawals from their accounts as the country's financial crisis worsened.
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