Yahoo announced their expected re-organisation late last night.  Its worth a comment here, because the strategies of the big three (Google, Yahoo, and Microsoft) affect us all in our internet activities. We’re moving aggressively to deliver the most possible value to our key customers — audiences, advertisers and publishers — and seize the major new opportunities we see ahead for the Internet,” said Terry Semel, Yahoo! chairman and chief executive officer. “The Internet is continuing to grow and evolve at a rapid pace, and we’re reshaping Yahoo! to be a leader in this transformation, just as we did successfully five … Continue reading Yahoo! Re-Aligns Organization to More Effectively Focus on Key Customer Segments and Capture Future Growth Opportunities

 What is becoming evident is the move by smaller institutions into the high interest space, branchless space, recognising the national coverage they can achieve quickly.  Wilmington is a 10 Bn dollar bank. wtdirect.com is a separate brand, and is not mentioned on the main bank page. The latest top bidder on Google (see End Notes) is WT Direct , a new direct banking brand from Wilmington Trust. Its sole product is a 5.26% APY savings account. To encourage trial, the bank pays the advertised rate on any balance for the first 60 days. On day 61, the rate drops 466 … Continue reading NetBanker 2.0 | Yet another direct bank: WT Direct from Wilmington Trust

HM Revenue & Customs (HMRC – taxes) commissioned a survey that confirms people prefer to to their taxes online – brilliant!  77% of internet users confirmed this.  Current stats show 2 million do so, but expect that to grow. More than nine million people need to fill in a tax return each year, and according to HM Revenue & Customs (HMRC), over two million of them do this on the internet. Of more interest, the top three activities online were sourced. HMRC’s research also revealed that among those questioned, the three most popular uses for the internet are researching, booking … Continue reading Online banking popular with UK consumers, survey shows – Banking Business Review

 This report doesn’t surprise, but it will catch Banks off guard.  Bank technology strategists, and security practitioners hate IM, and it is not really on any Banks radar, that I am aware of. Instant messaging is the fastest-growing communications medium of all time, according to a September study from the Radicati Group (Palo Alto, Calif.). IM is spreading like wildfire in the business world because of its ability to provide real-time communications, the market research firm says. The study shows strong growth in IM use worldwide, with the number of IM accounts growing from 995 million in 2006 to more than … Continue reading Instant Messaging is the fastest growing medium of all time