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Is the Northern Rock sale a good deal for taxpayers?

Is the Northern Rock sale a good deal for taxpayers? | Financial | Scoop.it

The government is to sell Northern Rock plc to Virgin for £747m, re-privatising the bank at a loss of at least £400m. Is it a good deal for the taxpayer?

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Visa Introduces Its Digital Wallet Brand Called V.me

Visa Introduces Its Digital Wallet Brand Called V.me | Financial | Scoop.it
Visa is introducing a new brand titled V.me by Visa offering a digital wallet service. V.me is a secure way for consumers to pay online as well as in person with a PC, tablet, or mobile device using Visa and non-Visa accounts. 
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CommBank wants to cash in on your social networking

CommBank wants to cash in on your social networking | Financial | Scoop.it

CommBank wants to cash in on your social networking...

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World 'on verge of new recession'

World 'on verge of new recession' | Financial | Scoop.it

The global economy is on the verge of a new and deeper jobs recession that may ignite social unrest, the International Labour Organization warns.

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Consumer confidence lifted by rates

Consumer confidence lifted by rates | Financial | Scoop.it
Consumer confidence is on the up thanks to expectations that interest rates will remain low for at least six months, according to a survey.
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What’s the future of mobile banking in Europe? - McKinsey Quarterly - Financial Services - Banking

What’s the future of mobile banking in Europe? - McKinsey Quarterly - Financial Services - Banking | Financial | Scoop.it

Bankers say mobile devices will transform retail banking but aren’t investing enough to exploit the opportunities. A McKinsey Quarterly Financial Services article.

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For better or worse? – The UK plans big changes for startup investment

The UK government has spent most of 2011 whacking the same pro-enterprise rhetorical stake into the ground. It wants to turn the UK into ‘Venture Central’, “the best place in Europe to start, finance and grow a business”; and it claims that it will do pretty much whatever it takes to achieve this.

10/10 for ambition, but… what’s the plan? Aside from Tech City grandstanding (a bit shallow, but decent enough PR) and the whole Enterprise Zone fiasco-to-be (more offices? Why?), what the government wants to happen now is for business angels and VCs to start funding lots of high growth startups – fast.

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Great Britain's Salary Secrets Uncovered | Visual.ly

Great Britain's Salary Secrets Uncovered | Visual.ly | Financial | Scoop.it

The headline findings of the Great British Salary Survey into an infographic.

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PayPal: The Future of Shopping & Money

PayPal: The Future of Shopping & Money | Financial | Scoop.it

Share This Digital Buzz Post: Related Digital Buzz Posts:3LiveShop: The Future Of Shopping Is Here.

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Land Registry house prices: North East sees values drop by 8.8%, while London rises

Land Registry house prices: North East sees values drop by 8.8%, while London rises | Financial | Scoop.it
London remains the only region where house prices are rising in England and Wales, despite most regions seeing a monthly price increase in July...
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How consumers choose a financial institution

Overall, 71% of consumers in the survey say the service and attitudes of individuals at the financial institution play an important or critical factor in their decision-making process.

The study further shows the age group of 18-24-year-olds, or Generation Y, rely more heavily on the financial institution’s staff for their choice than other age groups. Gen Y females are significantly more influenced than even their male counterparts, saying the people factor plays a part in their selections 88% of the time.

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Tcho Tcho's Digital Mobile Wallets Are Boosting Haiti's Economy | Fast Company

Tcho Tcho's Digital Mobile Wallets Are Boosting Haiti's Economy | Fast Company | Financial | Scoop.it
With the country's banking and financial infrastructure still in tatters, a new mobile service that allows Haitians to make and receive payments via text message is taking off and allowing commerce to flourish.
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The West is facing 'three years of hard slog’, says Sir Martin Sorrell - Telegraph

The West is facing 'three years of hard slog’, says Sir Martin Sorrell - Telegraph | Financial | Scoop.it

Sir Martin Sorrell, the chief executive of advertising giant WPP, says the
West faces three years of “hard slog” before it can be confident economic
growth has returned and markets will settle down.

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NFC brings banking to rural India • NFC World

NFC brings banking to rural India • NFC World | Financial | Scoop.it
Citizens living in the eastern Indian state of Bihar are to be issued with contactless 'e-Shakti' cards they can use to acccess virtual bank branches equipped with NFC technology.
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ING Direct enable person-to-person mobile payments via bump technology - Mobile Commerce Daily - Banking

ING Direct enable person-to-person mobile payments via bump technology - Mobile Commerce Daily - Banking | Financial | Scoop.it

This technology lets Electric Orange checking account customers with iPhones instantly and securely send money to one another. ING Direct claims is the first United States bank to offer this bump-enabled feature to checking account customers.

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Amex Invests $100 Million In Its Future: Digital Ecosystem, Not The Plastic Card | Fast Company

Amex Invests $100 Million In Its Future: Digital Ecosystem, Not The Plastic Card | Fast Company | Financial | Scoop.it
In its press release today American Express revealed explicitly that its new $100 million Digital Commerce Investment Initiative was destined to fund "early stage startups to facilitate the company's digital transformation." If that sounds like a ...
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Brits plan to spend £560 celebrating Christmas - Personal Finance Newsroom | HSBC Bank UK

Brits plan to spend £560 celebrating Christmas - Personal Finance Newsroom | HSBC Bank UK | Financial | Scoop.it

-Almost half of Brits not planning to cut back on gifts this year
-21% of people will borrow from one source or another to pay for presents
-Consumers will turn as much to the high street as they will to the Internet for Xmas gifts

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Online Banking Keeps Customers on Hook for Fees

Online Banking Keeps Customers on Hook for Fees | Financial | Scoop.it
Customers frustrated by banks’ controversial new fees are finding out that it is not so easy to disentangle your life from your bank.
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Women Recovering From Recession At Significantly Slower Pace Than Men, New ... - Huffington Post

Women Recovering From Recession At Significantly Slower Pace Than Men, New ... - Huffington Post | Financial | Scoop.it
Women Recovering From Recession At Significantly Slower Pace Than Men, New ...Huffington PostMen lost more jobs than women did in the Great Recession, but their unemployment levels have been steadily decreasing over the past year, the study shows.
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The Geography Factor in Freemium Conversions | Visual.ly

The Geography Factor in Freemium Conversions | Visual.ly | Financial | Scoop.it

Explains how geography influences the conversion of freemium users into paying customers.

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Google Wallet signs up Visa for NFC as it goes live in US

Google Wallet signs up Visa for NFC as it goes live in US | Financial | Scoop.it

Tie-up paves way for future launch of Google Wallet across Europe, allowing the use of normal bank accounts to make contactless payments with a mobile...

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ING Direct enable person-to-person mobile payments via bump technology

ING Direct enable person-to-person mobile payments via bump technology | Financial | Scoop.it

ING Direct has unveiled a person-to-person payment service powered by bump technology to make it easy to help customers save time and money.

This technology lets Electric Orange checking account customers with iPhones instantly and securely send money to one another. ING Direct claims is the first United States bank to offer this bump-enabled feature to checking account customers.

“At ING Direct, our No. 1 priority is to save customers time and money,” said Rudy Wolfs, chief marketing officer and chief information officer of ING Direct, Wilmington, DE. “With the Bump Person2Person Payment technology – we’re accomplishing both.

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Internet Retailing » Hard-pressed shoppers use online to count high street pennies

Supermarket Asda carried out a poll through its Facebook page and found that customers are visiting its online site, Asda.com, to put together a shopping list that fits their budget. They then take the list to the store to do their shopping.

The results speak of a new feeling among consumers that they need to be extra careful even with essential spending such as food. Asda found cost-cutting measures also included half-filling petrol tanks to increase fuel efficiency, and cutting their own hair.

They are published as part of Asda’s latest Asda Income Tracker, published this week, which found UK families were £11 worse off in July 2011 than at the same time last year. The average UK household had discretionary income of £166 a week in July 2011, 6.4% lower than the same time last year.

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Recovery slows as GDP grows 0.2%

Recovery slows as GDP grows 0.2% | Financial | Scoop.it

The UK's economic recovery slowed in the second quarter after official figures estimating GDP growth of 0.2% were unrevised.

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How bargain hunting shoppers save £1k every year with discount coupons

How bargain hunting shoppers save £1k every year with discount coupons | Financial | Scoop.it

It found that nine out of ten British adults are active in the ‘freeconomy’, using money-off vouchers or looking for deals, with almost half saying they rely on bargains because money is now so tight.

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