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2009 and the Growth of Mobile Banking
It is not surprising that technological developments in the financial sector this year have been somewhat overshadowed by the wake of the credit crunch and the continuing recession. Yet, it is fair to say that despite such developments as the historically low Bank of England Base Rate, the financial market has become very competitive when it comes to return on savings (as exemplified by the popularity of fixed rate bonds), and customer accessibility via advancements in technology.
Is the Recession Really Over? And When Will it Help Construction?Our tried and true friend, Ben Bernanke, has made some interesting comments about the state of our country’s economy at a time when the state of our economy closely resembles the state of a dead raccoon that two weeks ago ended up on the wrong end of a dump truck. Bernanke went on record saying that the global economy was emerging from recession.