Why is bank fraud still growing? Perhaps because we have no answer to the genius of the master criminals involved. Perhaps because some banks don’t take their customers’ security as seriously as they claim. 457 more words
Tags » Banking Services
Big data techniques and applications have provided data-intensive industries a pathway to extract latent information from the plethora of data being generated each second. Given the volume of data and computational prowess at their disposal, the financial services industry has now begun to focus on the “value-add” that big data techniques can bring in optimizing current practices, as well as designing new ones. 1,707 more words
Shares of Edmonton-based subprime auto finance firm Carfinco Financial Group are up $2.77 apiece or more than 32 per cent to $11.36 in early afternoon trading Tuesday following an announced friendly takeover deal earlier today by Spanish banking giant Banco Santander S.A. 191 more words
All this bank-bashing gets tedious, doesn’t it? it’s difficult to stop doing it, though, when the banks keep on giving us cause.
Look at the way that banks handle complaints: in a six month period, HSBC customers referred 12,429 complaints to the Financial Ombudsman Service. 611 more words
If credit card companies and banks lower the transaction fees they charge retailers, as the government is encouraging them to do voluntarily, it would naturally result in an earnings haircut for Canadian banks. 330 more words