Change to Daylight Savings Time, Canada and US


 I wonder how many Banks or departments, are not aware of this significant change.  It was pushed through quickly in the US, but the Canadian change was very quiet – can’t be seen to be following those Americans, of course. Daylight Savings Time (DST) in the United States will begin earlier and end later in 2007 than in years past. The Energy Policy Act of 2005, signed into law August 2005, moves the beginning of DST from the first Sunday in April to the second Sunday in March. DST will now end the first Sunday in November instead of the last … Continue reading Change to Daylight Savings Time, Canada and US

Banks in Second Life – worth a look


Its still pretty basic stuff but after following Reuters into SL today, I rooted around and found some Bank stuff.  I couldn’t find Wells who are supposed to be there, but I’d blame my SL search capability for that. The Reuters site was cool.  IBM have a basic careers location, that links out to their web site.   I’ll follow this and post more.   Technorati tags: Second+Life, Virtual+Reality+Banks Continue reading Banks in Second Life – worth a look

Canadian Banks asked for answer on ATM fees


 I can’t wait to see the response to this. Jim Flaherty, the Finance Minister, has asked for a “direct” answer from the CEOs of the country’s biggest banks regarding their ATM fee regime. But the best consumers can hope for is that Mr. Flaherty’s pressure will force the banks to roll back fees. That’s because Ottawa does not regulate the day-today pricing of financial services products Source: Canadian Banks & Insurance What a great opportunity for differentiation.  In Canada each Bank charges customers of any other Bank a $1.50 fee for using their ATM.  At first this seemed brilliant because … Continue reading Canadian Banks asked for answer on ATM fees

Credit Suisse Outsources to BT in Deal Worth $1.1 Billion


 This is a large outsource deal from Credit Suisse.  I would expect more Banks to do this.  Large Banks have networks the size of small countries and as may people to manage them.  There really is no competitive advantage in that space for a Bank. Financial services giant Credit Suisse is outsourcing the operation of its critical data and communications networks to British telecom provider BT Group and Swiss telco Swisscom under a deal worth $1.1 billion, BT disclosed Monday. In a statement, Credit Suisse CIO Tom Sanzone said the deal will allow the bank to access state-of-the-art telecom technologies, … Continue reading Credit Suisse Outsources to BT in Deal Worth $1.1 Billion

Credit Mutuel – internet banking portal – AJAX


I bumped into Yann from Credit Mutuel while at LIFT.  He pointed out their banking portal work that is underway.  Check it out. Link to Accueil (Link removed – beta site, and will change) Note these things; drag and drop sections open and close stories Click personalise and note the page dims, and the customise bar opens And all of this is super fast.  It is all downloaded and run locally.  This is the first bank Ajax implementation I have seen.   Technorati tags: Credit+Mutuel, France, Ajax+online+banking, online+banking Continue reading Credit Mutuel – internet banking portal – AJAX

Open: the path through disruptive times


 There is a lot of stuff going on in the world today.  Chris is a thoughtful developer (aren’t they all) but this post is exceptional relative to the disruption internet creates.  The whole post is worth the read. This is the path forward, and the path that I prefer to any kind of control, ownership or dictatorship. I believe that it also the one of the BarCamp community, and so long as we are able to accede to our environment and always respond to it positively, productively and optimistically, I think that we stand a chance to see the change … Continue reading Open: the path through disruptive times

"diverse groups of dispersed people pool their expertise and confront problems"


 This is a fantastic description of the social power that internet harnesses.  It touches on the wisdom of crowds in an articulate way.  Hat tip Stowe. .. the insight that a networked culture is enabling a new form of bottom-up power, as diverse groups of dispersed people pool their expertise and confront problems that are much more complex than they could handle individually. They are able to do so because of the ways that new media platforms support the emergence of temporary social networks that exist only as long as they are needed to face specific challenges or respond to the … Continue reading "diverse groups of dispersed people pool their expertise and confront problems"

How a customer service disaster shows the company DNA – Jet Blue


 JetBlue sufferred some catastrophic flight cancellations during an ice storm over Valentines.  No doubt being lower on the totem pole at the airport, this resulted in people spending up to 8 hours in a plan on the tarmac, or 12 hours in the terminal. Matt here from 37 Signals does a good job at illustrating how to respond.  You cannot stop ice storms but you can learn how to react appropriately.  JetBlue are making this one up as they go, but they are trying, and it points to the need to perform periodic emergency drills at your Bank. Use your … Continue reading How a customer service disaster shows the company DNA – Jet Blue

Credit Cards are not customer focussed


Robert speaks here of a situation that happens to be with the merchant Second Life, but this is all too common. I hate how hard it is to cancel accounts like these. Companies are perfectly willing to charge you forever, even if you don’t use the service one bit. I think I’ll just call my credit card company and change my card number by saying I lost my card. Source:  http://scobleizer.com/2007/02/18/second-life-has-my-credit-card-and-wont-let-go/#comment-292461 Banks do an injustice to credit card holders.  Credit cards are 100% merchant centric.  Its just ludicrous that Robert should have to go through that to solve a $10 … Continue reading Credit Cards are not customer focussed

We have a lot to learn about how young people use technology


 Europe focussed article talks about slow pick up of PC based Internet services, as young people live by their cell phones. They are more competent and regular texters than their parents will ever be, and have started to use their phones for a whole range of functions -buying ringtones, downloading computer games, social networking – that older generations scarcely know exist, let alone want to try. But young mobile phone customers are still relatively slow to embrace internet-based services, and networks will have to reduce the cost of such services significantly, and speed up their delivery, if this most impatient of … Continue reading We have a lot to learn about how young people use technology