Tag: BARCLAYS

We all take it for granted now, but there once was a time, not too long ago, when withdrawing cash from your bank account meant waiting in lengthy lines at your local bank. Everything radically changed, of course, with the birth of the ATM. On Saturday, John Shepherd-Barron, the man widely acknowledged as responsible for creating the cash dispenser, passed away in Scotland at the age of 84. ...

It's bad enough when your credit or debit card is rejected, but imagine if you tried to make a large purchase and were declined due to a computer glitch. That's what happened to customers of Barclays bank across southern England when a "faulty disc array" took out 1,500 ATMs along with phone and Internet banking services, altogether preventing merchants from processing purchases. According to ...

Cybersquatters, people who buy up potentially valuable domain names in the hopes of making money off of them, are rubbing salt in the wounds of the collapsing banking and insurance industries. Web addresses for newly-merged (and possibly-soon-to-be-merged) banks are being bought up before many of the companies even know who is merging with whom. Barclayslehman.com, hsbclehman.com, ...