| RDS SPECIAL: Jack Henry & Associates Announces Mobile Banking Solution
RDS SPECIAL: Jack Henry & Associates Announces Mobile Banking Solution
JHA’s goDough introduced as firm’s new m-banking solution.
By Maria Bruno-Britz
Bank Systems & Technology
November 15, 2007
Jack Henry's new goDough is a browser-based m-banking solution that is device and carrier independent, making it compatible with any web-enabled mobile phone, regardless of make or model, and with all mobile phone carriers, claims the company. With goDough, users can conduct traditional in-branch and online transactions such as balance inquiries, funds transfers between accounts, and transaction viewing. goDough is designed to support all account types, including checking, certificates-of-deposit, money markets, loans, and lines-of-credit.
Shareholders to fight Rock ‘fire sale’
THE two biggest shareholders in Northern Rock are calling for the auction of the stricken bank to be abandoned. RAB Capital and SRM Global, two hedge funds that account for 13% of the bank’s equity, said this weekend the company should not be sold or broken up. The explosive demand could derail a sale process that had attracted up to eight first-round offers when bids closed on Friday. Among them is a consortium led by Sir Richard Branson’s Virgin Group. The company has assembled a funding syndicate led by Royal Bank of Scotland to repay immediately £10 billion of Northern Rock’s government borrowings. According to bankers, the RBS team includes Citi, and there is an intention to provide a £20 billion loan. But shareholders say the sale should be abandoned.
Bank accounts don't impact credit score
Dear Dr. Don, Does it hurt your credit rating if you keep opening and closing high-yield savings accounts? I started using Bankrate to find the highest yields in 2001 and opened an ING account. I've since moved it to E-LOAN and now noticed that I can do 0.5 percent better if I move it somewhere else. -- Rich Rates .
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