Bank of Montreal: mBanking gets colder

Bank of Montreal has become the latest North American bank to axe its wireless offerings. It's part of an ongoing trend of consumer disappointment with wireless banking; at the same time, banks are reluctant to make large-scale investments in unproven technologies. This could spell problems for wireless banking solution providers.

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Global ATM Alliance: money for nothing

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Merrill Lynch HSBC: the first mass affluent casualty

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Merrill Lynch/HSBC: retail bank goes solo

MLHSBC has been hit by the withdrawal of one of its parents, Merrill Lynch. The news is a sign of the times, but is not devastating for the eBrokerage unit itself, or for HSBC. HSBC must now focus its marketing efforts squarely on its own huge global retail customer base.

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MLHSBC: dead man walking

The mass affluent service, launched in a blaze of publicity and hype a year ago, appears to be on its last legs. It has consistently failed to gain sufficient customers to meet its ambitious targets. Worse still, with Merrill Lynch looking for ways to quit the venture, it also risks losing one of the strong brand names that it relies on to attract customers.

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