> -----Original Message----- > From: IBM Mainframe Discussion List > [mailto:ibm-m...@bama.ua.edu] On Behalf Of Hal Merritt > Sent: Thursday, January 07, 2010 12:00 PM > To: IBM-MAIN@bama.ua.edu > Subject: Re: Korean bank Moves back to Mainframes (...no, not back) > > Concur. It would appear that the consumer electronic > financial infrastructures are quite different outside of the > US. Indeed, ours seems pretty primitive and a lot less > consumer friendly. More, they don't seem to have quite as > much of a fraud problem as we seem to have. > > I think I read somewhere that they don't use 'credit cards' > as we know them in Asia. Rather, it is more of a 'smart card' > strategy. > > Wonder how this works without fees?
Perhaps the Korean banks are competent? And they can make money by not paying the account holder all the income that the bank makes on the money entrusted to them? U.S. banks used to be user friendly and competent. They are, like most, now run by greedy fools. -- John McKown Systems Engineer IV IT Administrative Services Group HealthMarkets(r) 9151 Boulevard 26 * N. Richland Hills * TX 76010 (817) 255-3225 phone * (817)-961-6183 cell john.mck...@healthmarkets.com * www.HealthMarkets.com Confidentiality Notice: This e-mail message may contain confidential or proprietary information. If you are not the intended recipient, please contact the sender by reply e-mail and destroy all copies of the original message. HealthMarkets(r) is the brand name for products underwritten and issued by the insurance subsidiaries of HealthMarkets, Inc. -The Chesapeake Life Insurance Company(r), Mid-West National Life Insurance Company of TennesseeSM and The MEGA Life and Health Insurance Company.SM ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@bama.ua.edu with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
