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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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BankSimple deposits $10m for banking overhaul

BankSimple deposits $10m for banking overhaul | Financial | Scoop.it
BankSimple, the next generation mobile bank start-up, has raised $10 million as it prepares to launch.
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Google to buy Motorola Mobility for $12.5 billion

Google to buy Motorola Mobility for $12.5 billion | Financial | Scoop.it
Google has agreed to buy Motorola Mobility for $12. 5 billion, announced the two companies on Monday.
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TechCrunch | LearnVest Debuts Its Female-Focused Mint.com To Help Women Manage Their Financial Accounts

TechCrunch | LearnVest Debuts Its Female-Focused Mint.com To Help Women Manage Their Financial Accounts | Financial | Scoop.it
On the heels of raising $19 million in new funding, personal finance site for women LearnVest is debuting a more feature-rich platform.
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Infographic: Where does Google get its money from?

Infographic: Where does Google get its money from? | Financial | Scoop.it
Despite its reputation for technological innovation, Google relies on the financial services industry for its advertising revenues.
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FranBrand Top 100 French Brands - 2011 (MPP Consulting) | Ranking The Brands

FranBrand Top 100 French Brands - 2011 (MPP Consulting) | Ranking The Brands | Financial | Scoop.it
The Brand Rankings, FranBrand Top 100 French Brands - 2011 by MPP Consulting...
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American Express delivers deals via Facebook's social graph

American Express delivers deals via Facebook's social graph | Financial | Scoop.it
American Express is showing it has designs on being a big player in the daily deal market. The company is introducing a new social platform called Link, Like, Love, that will bring American Express deals to Facebook users through their social graph.
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The Rise of Mobile In-App Ads [INFOGRAPHIC]

The Rise of Mobile In-App Ads [INFOGRAPHIC] | Financial | Scoop.it
If mobile apps are all the rage, then mobile in-app ads are causing rage.
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UniCredit launches mobile contactless payments service in Slovakia using Stickers

UniCredit launches mobile contactless payments service in Slovakia using Stickers | Financial | Scoop.it
The Slovak bank is providing customers with MasterCard-branded contactless stickers that can be attached to the back of their mobile phones and used to make payments at more than 3,000 contactless card acceptance points currently in place in...
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Telephone Tender Transactions; Bitcoin app, peer to peer

Telephone Tender Transactions; Bitcoin app, peer to peer | Financial | Scoop.it
Bitcoin App - First launched on the Android Market this past Wednesday, the Bitcoin app, developed by Brandon Iles, hopes to transform your smartphone into a pur...
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Scan-to-Pay Features Coming Soon To a Mobile App Near You

Scan-to-Pay Features Coming Soon To a Mobile App Near You | Financial | Scoop.it
If manually entering your credit card information to pay is a pain, be on the look out for coming-soon mobile applications that let you pay by scan.
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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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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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After the crash

After the crash | Financial | Scoop.it

US stock market crashes since 1951. Does a big one-day drop in the stockmarket presage recession?AMID last week's stockmarket turmoil the Dow declined 5.5% on August 8th.

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NAB / The Honesty Experiments / Contagious Magazine

NAB / The Honesty Experiments / Contagious Magazine | Financial | Scoop.it
Contagious exists to simplify, filter and to advise. It is the global marketing industry's early warning system; an intelligence service for those wanting to keep ahead of this constantly shifting landscape.
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Where's Google Making Its Money? | Visual.ly

Where's Google Making Its Money? | Visual.ly | Financial | Scoop.it
...out of money of course...
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Credit card companies sign-up & back operator NFC platform

Credit card companies sign-up & back operator NFC platform | Financial | Scoop.it
Isis, the carrier led near NFC mobile payment platform, revamped its approach this spring in favor of a more open system that invited credit card companies to join its digital wallet.
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MasterCard discusses Isis NFC payments deal

MasterCard discusses Isis NFC payments deal | Financial | Scoop.it
"We absolutely believe that mobile payments has to be open," Ed McLaughlin, MasterCard's chief emerging payments officer has explained in a video interview...
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Attributing Brand Advertising Effectiveness

Attributing Brand Advertising Effectiveness | Financial | Scoop.it
Traditional methods of attributing the effects of digital advertising, such as last-click (commonly used to measure the impact of direct res...
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FC Barcelona to test NFC at Camp Nou

FC Barcelona to test NFC at Camp Nou | Financial | Scoop.it
Spanish soccer giant FC Barcelona has signed an agreement with the R&D arm of mobile network Telefónica that will see the club's Camp Nou stadium bein...
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GDP forecasts

GDP forecasts | Financial | Scoop.it
The outlook for GDP growth this year in Britain has been falling steadily. Over the last 17 months, our poll of forecasters have revised down their growth forecast from over 2% to a low of 1.5%.
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Internet Retailing » Credit card usage down by 13% in 2010 says BRC annual payments survey

Internet Retailing » Credit card usage down by 13% in 2010 says BRC annual payments survey | Financial | Scoop.it
The proportion of transactions using credit cards fell by 12.9% in a year while the proportion involving debit cards rose by 15.8%. Cash was involved in a smaller proportion of transactions than a year earlier but used for a greater proportion of overall retail spending as the average amount spent in each cash transaction increased by 13% to £12.93.
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