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Current RefinementsContent TypeNewsDate2004Remove all refinements Date21 December 2004 (3)22 December 2004 (1)23 December 2004 (4)AuthorBBR Staff Writer (7)CBR Staff Writer (1)
Search Results: News > 2004
1-8 of 8 results
Bradford & Bingley fined GBP650,000 for bonds mis-selling
By BBR Staff Writer
The Financial Services Authority has fined Bradford & Bingley GBP650,000 for the widespread mis-selling of precipice and with-profit bonds. Bradford & Bingley has also agreed to pay GBP6 million in compensation to the 6,800 customers affected.
News
Exante and MasterCard to deliver health benefit debit cards to insurers
By BBR Staff Writer
Exante Financial Services is to offer a novel suite of MasterCard health benefit cards, including a new Health Savings Account debit card, to medical benefit providers and insurers throughout the US.
News
KBC and Almanij plan merger
By BBR Staff Writer
European financial services groups Almanij and KBC Group have confirmed plans for the merger of the two companies through the acquisition of Almanij by the KBC Bank and Insurance Holding Company. The merger proposal will be put to shareholders in March 2005.
News
Zurich divests its interest in general insurance business in Thailand
By BBR Staff Writer
Zurich Financial Services Group has divested its interest in Thai Zurich Insurance Company to Sri Brothers Co and to Pailuck Co. This step is in line with Zurich's strategy to sharpen the focus of the group's General Insurance business and redeploy capital to its chosen target markets, the Swiss insurer said.
News
Dresdner Bank negotiating sale of German loan portfolio
By BBR Staff Writer
Dresdner Bank has entered into exclusive negotiations to sell a non-strategic portfolio of German loans of up to E2 billion after completing a bidding period.
News
Bank of America first to reach $100 billion on debit card spending in a year
By BBR Staff Writer
Bank of America customers spent a record $100 billion on their debit cards for goods and services during 2004, making the bank the first financial institution to pass the milestone within any year.
News
Dresdner Bank Lateinamerika sells private banking business to UBS
By BBR Staff Writer
Dresdner Bank Lateinamerika has sold its Latin American private banking business to UBS, a global financial firm specializing in investment banking and asset management.
News
ActivCard acquires into banking sector
By CBR Staff Writer
ActivCard Corp is to acquire the 51% of Aspace Solutions Ltd that it does not already own for between $10 million and $20 million, to boost its portfolio of products that are specifically designed for the financial services market.
News

BBR White Paper Recommendations

Revenue Leakage – Opportunity Calling! By Suntec
Revenue Leakage has been a universal phenomenon, gnawing up the profit margins of transaction-based industries, especially across their business support systems. Though the Banking industry people are particularly quick in acknowledging the glaring prevalence of revenue leakage, they are not able to pinpoint its source or quantity, or chart methodologies to ensure Revenue Assurance.... Banking Services > Commercial Banking > White Papers Customer Profitability Vs. Customer Satisfaction: Keep Guessing or Model your Pricing Strategies By Suntec
Most financial institutions do not have a clear understanding of what or who drives their profitability. They make assumptions or guesswork, and most of the time, try and fix their profitability metrics into the 80/20 rule or something similar — the majority of profits (80%) come from a minority (20%) of customers, products or business segments. Is profitability as simple as this? While there is no denying the 80/20 rule, how does an organization find this 20%? ... Banking Services > Commercial Banking > White Papers Banks - Reward Your Customers Incrementally, Based on Their Profitability By Suntec
Financial Institutions (FI) are on the verge of a strategic make-over. The market conditions imply an increased need to generate revenues and customer profitability, to ensure sustainability and future business success. In order to achieve these objectives, the FIs need to devise strategies that leverage customer relationships in a way that has never been done before. ... Banking Services > Commercial Banking > White Papers Achieving Measurable Gains by Automating Claims Processing By Kofax
Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.... White Papers Customer Centricity: The Key to Success in Retail Banking By Kofax
The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.... White Papers See more
1-8 of 8 results