New FSA rules force financial firms to reveal complaint numbers
Posted by Cashzilla in Uncategorized, banking, credit cards on 29. Jan, 2010 | 1 Comment
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Under new Financial Services Authority (FSA) rules, financial firms who collect an excessive amount of complaints against them are to be named and shamed reports MoneySavingExpert news.
Over a six month period companies who receive 500 or more complaints will, under the rules, have to publish the numbers of complaints twice a year so [...]
Cheques RIP
Posted by Cashzilla in banking, web on 16. Dec, 2009 | 1 Comment
Cheques are to be phased out by October 2018 if adequate alternatives can be developed in time according to the latest announcement from the board of the UK Payments Council.
This announcement comes after 350 years of cheque usage, however because of the use of credit, debit and contactless payment cards, alongside online shopping and banking, [...]
The easy way to a cleaner credit card
Posted by Cashzilla in credit cards on 28. Oct, 2009 | 1 Comment
Image by Getty Images via Daylife
Not something I have ever really thought about before, but I just stumbled on a post on LifeHacker about How To Clean Your Credit Card and I guess it does make some sense if you are someone who constantly has to get a replacement card because the magnetic strip keeps [...]
Nokia to enter world of finance with Nokia Money
Posted by Guest Dino in banking on 26. Aug, 2009 | No Comments
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Better known for their mobile phones, Finnish telecoms giant Nokia is branching out – into the world of financial services.
In March this year, Nokia sank $70million into mobile payment specialist Obopay and Nokia will now be working alongside the company to develop services which will enable consumers to send and receive money via [...]
