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Work","updated_at":"2024-09-19T22:44:54Z","url":"http://www.huffingtonpost.com/leni-miller/former-ceo-of-charles-sch_b_6472862.html"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"ibsathish"},"story_text":{"matchLevel":"none","matchedWords":[],"value":""},"title":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"Charles Schwab to Bill Gates: Come back as Microsoft CEO \u2018for at least a year\u2019"},"url":{"fullyHighlighted":false,"matchLevel":"partial","matchedWords":["charles"],"value":"http://www.geekwire.com/2013/charles-schwabs-advice-bill-gates-microsoft-ceo-for-year/"}},"_tags":["story","author_ibsathish","story_6785347"],"author":"ibsathish","created_at":"2013-11-23T05:28:42Z","created_at_i":1385184522,"num_comments":0,"objectID":"6785347","points":1,"story_id":6785347,"story_text":"","title":"Charles Schwab to Bill Gates: Come back as Microsoft CEO \u2018for at least a year\u2019","updated_at":"2024-09-19T20:17:25Z","url":"http://www.geekwire.com/2013/charles-schwabs-advice-bill-gates-microsoft-ceo-for-year/"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"kazanins"},"title":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"XP Investimentos Profile: Charles Schwab of Brazil"},"url":{"fullyHighlighted":false,"matchLevel":"partial","matchedWords":["charles"],"value":"https://www.popularfintech.com/p/xp-investimentos-profile-charles"}},"_tags":["story","author_kazanins","story_32993173"],"author":"kazanins","created_at":"2022-09-27T09:25:45Z","created_at_i":1664270745,"num_comments":0,"objectID":"32993173","points":1,"story_id":32993173,"title":"XP Investimentos Profile: Charles Schwab of Brazil","updated_at":"2024-09-20T12:09:51Z","url":"https://www.popularfintech.com/p/xp-investimentos-profile-charles"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"salakotolu"},"title":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"Robinhood Competes with TikTok and Instagram Not TD Ameritrade or Charles Schwab"},"url":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"https://tolusnotes.com/robinhood-competes-with-tiktok-not-td-ameritrade-or-charles-schwab/"}},"_tags":["story","author_salakotolu","story_26592842"],"author":"salakotolu","created_at":"2021-03-26T14:51:02Z","created_at_i":1616770262,"num_comments":0,"objectID":"26592842","points":1,"story_id":26592842,"title":"Robinhood Competes with TikTok and Instagram Not TD Ameritrade or Charles Schwab","updated_at":"2024-09-20T08:16:58Z","url":"https://tolusnotes.com/robinhood-competes-with-tiktok-not-td-ameritrade-or-charles-schwab/"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"tech4all"},"story_text":{"matchLevel":"none","matchedWords":[],"value":"Can anyone confirm that online transfer (Transfer and Payments | Online Transfers) is broken in Firefox? When you get to the "2. Review" page the "submit" button is unclickable. Works in Chrome. Tried all the basics (cookies, restart, etc.) and seems broken to me."},"title":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"Ask HN: Is Charles Schwab Transfer Broken in Firefox?"}},"_tags":["story","author_tech4all","story_25008136","ask_hn"],"author":"tech4all","created_at":"2020-11-06T15:13:39Z","created_at_i":1604675619,"num_comments":0,"objectID":"25008136","points":1,"story_id":25008136,"story_text":"Can anyone confirm that online transfer (Transfer and Payments | Online Transfers) is broken in Firefox? When you get to the "2. Review" page the "submit" button is unclickable. Works in Chrome. Tried all the basics (cookies, restart, etc.) and seems broken to me.","title":"Ask HN: Is Charles Schwab Transfer Broken in Firefox?","updated_at":"2024-09-20T07:14:22Z"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"JumpCrisscross"},"title":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"Charles Schwab Purchases Motif\u2019s Technology Capabilities"},"url":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"https://pressroom.aboutschwab.com/press-release/corporate-and-financial-news/charles-schwab-purchases-motifs-technology-capabilities"}},"_tags":["story","author_JumpCrisscross","story_23151053"],"author":"JumpCrisscross","created_at":"2020-05-12T06:24:18Z","created_at_i":1589264658,"num_comments":0,"objectID":"23151053","points":1,"story_id":23151053,"title":"Charles Schwab Purchases Motif\u2019s Technology Capabilities","updated_at":"2024-09-20T06:12:51Z","url":"https://pressroom.aboutschwab.com/press-release/corporate-and-financial-news/charles-schwab-purchases-motifs-technology-capabilities"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"deegles"},"title":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"Does Charles Schwab's Growth Threaten Vanguard Domination? \u2013 Financial Planning"},"url":{"fullyHighlighted":false,"matchLevel":"partial","matchedWords":["charles"],"value":"https://www.financial-planning.com/opinion/does-charles-schwabs-growth-threaten-vanguard-domination"}},"_tags":["story","author_deegles","story_22140722"],"author":"deegles","created_at":"2020-01-24T17:57:27Z","created_at_i":1579888647,"num_comments":0,"objectID":"22140722","points":1,"story_id":22140722,"title":"Does Charles Schwab's Growth Threaten Vanguard Domination? \u2013 Financial Planning","updated_at":"2024-09-20T05:30:44Z","url":"https://www.financial-planning.com/opinion/does-charles-schwabs-growth-threaten-vanguard-domination"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"bdcravens"},"title":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"The Charles Schwab Corporation to Acquire TD Ameritrade"},"url":{"matchLevel":"none","matchedWords":[],"value":"https://www.amtd.com/news-and-stories/press-releases/press-release-details/2019/acquisition-information-center/default.aspx"}},"_tags":["story","author_bdcravens","story_21630240"],"author":"bdcravens","created_at":"2019-11-25T17:11:16Z","created_at_i":1574701876,"num_comments":0,"objectID":"21630240","points":1,"story_id":21630240,"title":"The Charles Schwab Corporation to Acquire TD Ameritrade","updated_at":"2024-09-20T05:18:05Z","url":"https://www.amtd.com/news-and-stories/press-releases/press-release-details/2019/acquisition-information-center/default.aspx"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"gshakir"},"title":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"Charles Schwab will allow people to buy fractional shares"},"url":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"https://www.cnbc.com/2019/10/17/the-latest-in-the-brokerage-wars-charles-schwab-will-allow-people-to-buy-fractions-of-stocks.html"}},"_tags":["story","author_gshakir","story_21287434"],"author":"gshakir","created_at":"2019-10-17T23:53:06Z","created_at_i":1571356386,"num_comments":0,"objectID":"21287434","points":1,"story_id":21287434,"title":"Charles Schwab will allow people to buy fractional shares","updated_at":"2024-09-20T05:03:06Z","url":"https://www.cnbc.com/2019/10/17/the-latest-in-the-brokerage-wars-charles-schwab-will-allow-people-to-buy-fractions-of-stocks.html"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"edw519"},"story_text":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"Attitude determines outcome. - Jim McGraw, COO of Marion Laboratories
Be the first, be the best, or be different. - Jacyln Easton
Chance favors the prepared mind. - Louis Pasteur
Elegance is for tailors. Don't always believe in the numbers. There is always room for human judgment. - Albert Einstein
Great ideas come into the world as gently as doves. - Albert Camus
Half the money I spend on advertising is wasted, and the trouble is, I don't know which half. - John Wanamaker
I do not love the money. What I love is the making of it. - Philip Armour
I guess we can make them, although we never have. - Benjamin Franklin Goodrich
I never gamble. - J. P. Morgan
A man to carry on a successful business must have imagination. He must see things as in a vision, a dream of the whole thing. - Charles Schwab
If I could get $25,000, I would spend $24,000 on advertising, the remainder in making Coca-Cola. Then we would all be rich. - John Pemberton
If I had six hours to chop down a tree, I'd spend the first four sharpening the axe. - Abraham Lincoln
The best way to really enter minds that hate complexity and confusion is to oversimplify your message. The lesson here is not to try to tell your entire story. Just focus on one powerful differentiating idea and drive it into the mind. That sudden hunch, that creative leap of the mind that \"sees\" in a flash how to solve a problem in a simple way, is something quite different from general intelligence. If there's any trick to finding that simple set of words, it's one of being ruthless about how you edit the story you want to tell. Anything that others could claim just as well as you can, eliminate. Anything that requires a complex analysis to prove, forget. Anything that doesn't fit with your customers' perceptions, avoid. - Jack Trout
If you're going to lose money, lose it. But don't let 'em nose you out. - Gustavus Swift
If you love an idea, that is good. If you have ideas as to how to work it out, that is better. - Henry Ford
It's a barrier to entry because you're shooting at a moving target. - Bill George, CEO, Medtronics
Name the greatest inventors. Accident. - Mark Twain
Nothing, not all the armies of the world, can stop an idea whose time has come. - Victor Hugo
Perceived truth is more powerful than truth itself. - Michel Fortin
Purchasers are made, not born. - Henry Ford
Success depends on how you react to unexpected opportunities. - Ross Perot
The ancestor to every action is a thought. - Ralph Waldo Emerson
The march of improvement in any given field is always marked by periods of inactivity and then by sudden bursts of energy which revolutionize existing methods sometimes in a day. - George Eastman
There was never a great character who did not sometimes smash the routine regulations and make new ones for himself. - Andrew Carnegie
Think a lot. Say little. Write nothing. - J. P. Morgan
If first an idea is not absurd, it has no hope for survival. - Albert Einstein
To lead people, walk behind them. - Sun Tzu
We study the methods of improving our business as we would a science. We imitate no one. - A. Montgomery Ward
We took what was a luxury and made it into a necessity. Our only advantage was lack of precedent. - Henry Ford
We want character to go with our goods. And 16 ounces is a Swift pound. - Louis Swift
What others could not or would not do we would attempt, and this was a rule of business which was strictly adhered to. - Andrew Carnegie
What we believe is based upon our perceptions. What we perceive depends upon what we look for. What we look for depends on what we think. What we think depends on what we perceive. What we perceive determines what we take to be true. What we take to be true is our reality. - Gary Zukav
You can't get wet from the word \"water\". - Alan Watts
You can't solve a problem with the same mind that created it. - Albert Einstein
I wonder if she was thinking about hacking:
There is a vitality, a life force, a quickening that is translated through you into action, and because there is only one of you in all time, this expression is unique. If you block it, it will never exist through any other medium and be lost. The world will not have it. It is not your business to determine how good it is; nor how valuable it is; nor how it compares with other expressions. It is your business to keep it yours, clearly and directly, to keep the channel open. You do not even have to believe in yourself or your work. You have to keep directly open to and aware of the urges that motivate you. Keep the channel open. - Martha Graham"},"title":{"matchLevel":"none","matchedWords":[],"value":"The Quotes That Motivate Me"}},"_tags":["story","author_edw519","story_89556","ask_hn"],"author":"edw519","children":[89624,89648,89697,89699,89712,89718,89860,89902,89969,89994,93989],"created_at":"2007-12-14T15:30:52Z","created_at_i":1197646252,"num_comments":15,"objectID":"89556","points":21,"story_id":89556,"story_text":"Attitude determines outcome. - Jim McGraw, COO of Marion Laboratories
Be the first, be the best, or be different. - Jacyln Easton
Chance favors the prepared mind. - Louis Pasteur
Elegance is for tailors. Don't always believe in the numbers. There is always room for human judgment. - Albert Einstein
Great ideas come into the world as gently as doves. - Albert Camus
Half the money I spend on advertising is wasted, and the trouble is, I don't know which half. - John Wanamaker
I do not love the money. What I love is the making of it. - Philip Armour
I guess we can make them, although we never have. - Benjamin Franklin Goodrich
I never gamble. - J. P. Morgan
A man to carry on a successful business must have imagination. He must see things as in a vision, a dream of the whole thing. - Charles Schwab
If I could get $25,000, I would spend $24,000 on advertising, the remainder in making Coca-Cola. Then we would all be rich. - John Pemberton
If I had six hours to chop down a tree, I'd spend the first four sharpening the axe. - Abraham Lincoln
The best way to really enter minds that hate complexity and confusion is to oversimplify your message. The lesson here is not to try to tell your entire story. Just focus on one powerful differentiating idea and drive it into the mind. That sudden hunch, that creative leap of the mind that \"sees\" in a flash how to solve a problem in a simple way, is something quite different from general intelligence. If there's any trick to finding that simple set of words, it's one of being ruthless about how you edit the story you want to tell. Anything that others could claim just as well as you can, eliminate. Anything that requires a complex analysis to prove, forget. Anything that doesn't fit with your customers' perceptions, avoid. - Jack Trout
If you're going to lose money, lose it. But don't let 'em nose you out. - Gustavus Swift
If you love an idea, that is good. If you have ideas as to how to work it out, that is better. - Henry Ford
It's a barrier to entry because you're shooting at a moving target. - Bill George, CEO, Medtronics
Name the greatest inventors. Accident. - Mark Twain
Nothing, not all the armies of the world, can stop an idea whose time has come. - Victor Hugo
Perceived truth is more powerful than truth itself. - Michel Fortin
Purchasers are made, not born. - Henry Ford
Success depends on how you react to unexpected opportunities. - Ross Perot
The ancestor to every action is a thought. - Ralph Waldo Emerson
The march of improvement in any given field is always marked by periods of inactivity and then by sudden bursts of energy which revolutionize existing methods sometimes in a day. - George Eastman
There was never a great character who did not sometimes smash the routine regulations and make new ones for himself. - Andrew Carnegie
Think a lot. Say little. Write nothing. - J. P. Morgan
If first an idea is not absurd, it has no hope for survival. - Albert Einstein
To lead people, walk behind them. - Sun Tzu
We study the methods of improving our business as we would a science. We imitate no one. - A. Montgomery Ward
We took what was a luxury and made it into a necessity. Our only advantage was lack of precedent. - Henry Ford
We want character to go with our goods. And 16 ounces is a Swift pound. - Louis Swift
What others could not or would not do we would attempt, and this was a rule of business which was strictly adhered to. - Andrew Carnegie
What we believe is based upon our perceptions. What we perceive depends upon what we look for. What we look for depends on what we think. What we think depends on what we perceive. What we perceive determines what we take to be true. What we take to be true is our reality. - Gary Zukav
You can't get wet from the word \"water\". - Alan Watts
You can't solve a problem with the same mind that created it. - Albert Einstein
I wonder if she was thinking about hacking:
There is a vitality, a life force, a quickening that is translated through you into action, and because there is only one of you in all time, this expression is unique. If you block it, it will never exist through any other medium and be lost. The world will not have it. It is not your business to determine how good it is; nor how valuable it is; nor how it compares with other expressions. It is your business to keep it yours, clearly and directly, to keep the channel open. You do not even have to believe in yourself or your work. You have to keep directly open to and aware of the urges that motivate you. Keep the channel open. - Martha Graham","title":"The Quotes That Motivate Me","updated_at":"2025-12-04T20:19:36Z"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"Hedgemaster"},"story_text":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"Hi HN community!
Below I briefly share my views on certain practices currently employed by ALL retail brokerages (including Robinhood), how those practices contribute to rising inequality, insiders\u2019 attempts to defend such practices and how retail trading community could break the mould. Would love to hear your thoughts and counter-arguments!
First of all, retail brokers do not provide many intuitive tools that professionals are using. The worst in that respect would be Robinhood and Webull. Apart from gamifying the whole trading experience their apps lack even the basic indicators, essentially turning stock and options trading into compulsive gambling. The end result is that retail traders are armed with inferior tools and are more likely to lose money by making some very basic trading mistakes.
Secondly, there is a practice called PFOF (Payment for Order Flow). Retail brokers do not directly route their clients\u2019 orders to the exchanges but to yet another intermediary: market-makers. Those are sitting in between the actual exchanges and retail brokers making money on the bid-ask spreads (differences between buying and selling prices). Those market-makers incentivize retail brokers by paying them for the order flow they route, therefore creating a conflict of interest: retail brokers are inclined to seek higher PFOF rather than the best price for their end-users. What\u2019s worse, retail traders tend to get lower quality execution compared to institutional traders (like hedge funds and family offices). Professional traders (from my own experience) route their orders directly to the exchanges oftentimes earning that way rebates from exchanges. As such, retail traders are put at a disadvantage.
Some retail brokers decide to take the offensive and publicly praise(!) the PFOF practice. One of them is the founder of Think or Swim (sold to TD Ameritrade) and Tastyworks, Tom Sosnoff. As can be seen on this video
https://www.facebook.com/watch/?v=5658429654182670
He suggests that retail investors would be worse off without the middleman since \u201cthey would be ripped off by the exchanges\u201d. As someone who worked in the financial markets I find such statement rather amusing, given that the fund I worked for never used one... He then advocates the existence of the intermediary by the fact that \u201cTastyworks doesn\u2019t have such technologies...\u201d but careful enough not to present it as a weakness :)
The bottom line is that the practice introduced by Bernie Madoff is here to stay. At least for now.
What public can do about that? First of all, we should not resort to spreading falsehoods and conspiracy theories; those will only prolong and strengthen the status quo. The flat-Earth-like theories about market-makers \u201csecretly short-selling stocks\u201d that are so dominant on Reddit and other sources (even on HN: https://news.ycombinator.com/item?id=27924556) do not only cause any damage to the market-makers, they are essentially their shield and a best chance for survival. Those conspiracy theories serve as a distraction from the actual issues that retail trading is facing.
What the public can do:
1. Lobbying lawmakers for at least a possibility to opt out of PFOF
2. Monitor and compare brokers' execution quality; some (Robinhood, Fidelity and Charles Schwab) make it publicly available:
https://www.schwab.com/execution-quality/quality-statistics
3. Consider switching to PFOF-free brokerages, there are a few initiatives out there. That way the incumbents would be forced to provide PFOF-free options just like they were forced to drop stock trading commissions.
4. Shun any broker that does not provide meaningful trading tools that would ALSO be comprehensible to the general public. Again, that would give a signal to Robinhood and the likes to add useful indicators and insights."},"title":{"matchLevel":"none","matchedWords":[],"value":"Modern-day Robinhoods, the ones that contribute to rising inequality"}},"_tags":["story","author_Hedgemaster","story_28029670","ask_hn"],"author":"Hedgemaster","children":[28029692,28029720,28029862,28029994,28030722,28039052],"created_at":"2021-08-01T20:36:03Z","created_at_i":1627850163,"num_comments":10,"objectID":"28029670","points":20,"story_id":28029670,"story_text":"Hi HN community!
Below I briefly share my views on certain practices currently employed by ALL retail brokerages (including Robinhood), how those practices contribute to rising inequality, insiders\u2019 attempts to defend such practices and how retail trading community could break the mould. Would love to hear your thoughts and counter-arguments!
First of all, retail brokers do not provide many intuitive tools that professionals are using. The worst in that respect would be Robinhood and Webull. Apart from gamifying the whole trading experience their apps lack even the basic indicators, essentially turning stock and options trading into compulsive gambling. The end result is that retail traders are armed with inferior tools and are more likely to lose money by making some very basic trading mistakes.
Secondly, there is a practice called PFOF (Payment for Order Flow). Retail brokers do not directly route their clients\u2019 orders to the exchanges but to yet another intermediary: market-makers. Those are sitting in between the actual exchanges and retail brokers making money on the bid-ask spreads (differences between buying and selling prices). Those market-makers incentivize retail brokers by paying them for the order flow they route, therefore creating a conflict of interest: retail brokers are inclined to seek higher PFOF rather than the best price for their end-users. What\u2019s worse, retail traders tend to get lower quality execution compared to institutional traders (like hedge funds and family offices). Professional traders (from my own experience) route their orders directly to the exchanges oftentimes earning that way rebates from exchanges. As such, retail traders are put at a disadvantage.
Some retail brokers decide to take the offensive and publicly praise(!) the PFOF practice. One of them is the founder of Think or Swim (sold to TD Ameritrade) and Tastyworks, Tom Sosnoff. As can be seen on this video
https://www.facebook.com/watch/?v=5658429654182670
He suggests that retail investors would be worse off without the middleman since \u201cthey would be ripped off by the exchanges\u201d. As someone who worked in the financial markets I find such statement rather amusing, given that the fund I worked for never used one... He then advocates the existence of the intermediary by the fact that \u201cTastyworks doesn\u2019t have such technologies...\u201d but careful enough not to present it as a weakness :)
The bottom line is that the practice introduced by Bernie Madoff is here to stay. At least for now.
What public can do about that? First of all, we should not resort to spreading falsehoods and conspiracy theories; those will only prolong and strengthen the status quo. The flat-Earth-like theories about market-makers \u201csecretly short-selling stocks\u201d that are so dominant on Reddit and other sources (even on HN: https://news.ycombinator.com/item?id=27924556) do not only cause any damage to the market-makers, they are essentially their shield and a best chance for survival. Those conspiracy theories serve as a distraction from the actual issues that retail trading is facing.
What the public can do:
1. Lobbying lawmakers for at least a possibility to opt out of PFOF
2. Monitor and compare brokers' execution quality; some (Robinhood, Fidelity and Charles Schwab) make it publicly available:
https://www.schwab.com/execution-quality/quality-statistics
3. Consider switching to PFOF-free brokerages, there are a few initiatives out there. That way the incumbents would be forced to provide PFOF-free options just like they were forced to drop stock trading commissions.
4. Shun any broker that does not provide meaningful trading tools that would ALSO be comprehensible to the general public. Again, that would give a signal to Robinhood and the likes to add useful indicators and insights.","title":"Modern-day Robinhoods, the ones that contribute to rising inequality","updated_at":"2024-09-20T09:03:52Z"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"te"},"story_text":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"Just received this email from Schwab:
"""\nAs a leader in the financial services industry, Charles Schwab & Co., Inc. is pleased to introduce our voice ID service.1 Whether you want to use our automated phone service or speak with a Financial Professional, our voice ID service is one of the fastest and most convenient ways to securely identify yourself over the phone.
How does our voice ID service work?\nOur voice ID service replaces personal identification numbers2 (PINs) and personal questions with the security of your unique voice. This new service authenticates you based on your unique voiceprint, using different behavioral and physical characteristics combined to produce unique voice patterns for every individual.
Once enrolled in our voice ID service, you can be authenticated just by speaking one simple phrase: \u201cAt Schwab, my voice is my password.\u201d\n"""\n_______________
I'm unfamiliar with the technology behind this. I wonder what the probability of a false positive is. False negatives would also be annoying. Until I learn more about it, I think I'll stick with my verbal passphrase."},"title":{"fullyHighlighted":false,"matchLevel":"partial","matchedWords":["schwab"],"value":"At Schwab, your voice is your password"}},"_tags":["story","author_te","story_10898195","ask_hn"],"author":"te","children":[10898274,10898304,10902064,10903445],"created_at":"2016-01-13T22:39:37Z","created_at_i":1452724777,"num_comments":5,"objectID":"10898195","points":4,"story_id":10898195,"story_text":"Just received this email from Schwab:
"""\nAs a leader in the financial services industry, Charles Schwab & Co., Inc. is pleased to introduce our voice ID service.1 Whether you want to use our automated phone service or speak with a Financial Professional, our voice ID service is one of the fastest and most convenient ways to securely identify yourself over the phone.
How does our voice ID service work?\nOur voice ID service replaces personal identification numbers2 (PINs) and personal questions with the security of your unique voice. This new service authenticates you based on your unique voiceprint, using different behavioral and physical characteristics combined to produce unique voice patterns for every individual.
Once enrolled in our voice ID service, you can be authenticated just by speaking one simple phrase: \u201cAt Schwab, my voice is my password.\u201d\n"""\n_______________
I'm unfamiliar with the technology behind this. I wonder what the probability of a false positive is. False negatives would also be annoying. Until I learn more about it, I think I'll stick with my verbal passphrase.","title":"At Schwab, your voice is your password","updated_at":"2023-09-07T00:33:48Z"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"noduerme"},"story_text":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"When I see something broken on a website, my inclination has always been to try to send a reproducible report to the devs / owners / whoever. Lately, though, any kind of technical contact is conspicuously absent from most large companies' sites. I assume that's because tech contacts just got flooded with mail from frustrated, non-technical users. In a lot of cases it seems like the app store reviews are the only way to surface actual bugs.
A year or two ago, one bank I use (Charles Schwab) started showing completely incorrect daily account balance changes. Their checking account balances were being merged one day behind their brokerage accounts. I tried to contact them, even called the phone line asking who I could talk to that worked on their app. (Their app is horrific, by the way). It was not until weeks later that they seemed to read their app store reviews and realize there was a problem; and then it took them a month to fix it.
Similarly, just now I discovered a new bug in Chase's banking website. A fairly simple thing: Pending transaction totals stop showing up after you switch to filter other transactions. This is probably like a 2 second fix for whoever wrote that module. But I spent 20 minutes searching their online contacts without finding anyone to report a bug to.
Is this the future? Is this where we're at? What's the channel you use to get the devs' attention in these cases?"},"title":{"matchLevel":"none","matchedWords":[],"value":"Ask HN: As a developer, when you see glaring bugs on a major bank's website"}},"_tags":["story","author_noduerme","story_42734901","ask_hn"],"author":"noduerme","children":[42735569,42737308],"created_at":"2025-01-17T07:12:32Z","created_at_i":1737097952,"num_comments":3,"objectID":"42734901","points":2,"story_id":42734901,"story_text":"When I see something broken on a website, my inclination has always been to try to send a reproducible report to the devs / owners / whoever. Lately, though, any kind of technical contact is conspicuously absent from most large companies' sites. I assume that's because tech contacts just got flooded with mail from frustrated, non-technical users. In a lot of cases it seems like the app store reviews are the only way to surface actual bugs.
A year or two ago, one bank I use (Charles Schwab) started showing completely incorrect daily account balance changes. Their checking account balances were being merged one day behind their brokerage accounts. I tried to contact them, even called the phone line asking who I could talk to that worked on their app. (Their app is horrific, by the way). It was not until weeks later that they seemed to read their app store reviews and realize there was a problem; and then it took them a month to fix it.
Similarly, just now I discovered a new bug in Chase's banking website. A fairly simple thing: Pending transaction totals stop showing up after you switch to filter other transactions. This is probably like a 2 second fix for whoever wrote that module. But I spent 20 minutes searching their online contacts without finding anyone to report a bug to.
Is this the future? Is this where we're at? What's the channel you use to get the devs' attention in these cases?","title":"Ask HN: As a developer, when you see glaring bugs on a major bank's website","updated_at":"2025-01-19T20:42:17Z"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"camhart"},"story_text":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"Charles Schwab offers a voice id to verify who you are, instead of using a password. See https://www.schwab.com/voice-id. I'm skeptical this is very secure, especially with AI that can mimic people's voice. I like the idea of it though if it is secure. Anyone have any insights?"},"title":{"fullyHighlighted":false,"matchLevel":"partial","matchedWords":["schwab"],"value":"Ask HN: Schwab Voice Id Secure?"}},"_tags":["story","author_camhart","story_34111791","ask_hn"],"author":"camhart","created_at":"2022-12-23T23:19:49Z","created_at_i":1671837589,"num_comments":0,"objectID":"34111791","points":2,"story_id":34111791,"story_text":"Charles Schwab offers a voice id to verify who you are, instead of using a password. See https://www.schwab.com/voice-id. I'm skeptical this is very secure, especially with AI that can mimic people's voice. I like the idea of it though if it is secure. Anyone have any insights?","title":"Ask HN: Schwab Voice Id Secure?","updated_at":"2024-09-20T12:47:49Z"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"deepmistry"},"story_text":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"New York (CNN Business)Robinhood is still losing money. The platform reported a drop in the number of monthly active users in its most recent quarter. Is it time for the struggling online broker to consider a sale?
Even though Robinhood's stock has rebounded a bit in the past few days after reporting its latest financial results, it is still trading at only around $14 a share \u2014 more than 60% below the initial public offering price of $38 last year.\nAnalysts at Goldman Sachs and Citigroup slashed their price targets on Robinhood following the earnings report. The woeful post-IPO performance for the platform is a sign it may be better off as part of a larger firm, especially given the massive consolidation in the business.\nMorgan Stanley (MS) now owns E-Trade and Charles Schwab (SCHW) has gobbled up TD Ameritrade.\nAnd the deals keep coming. UBS (UBS) just bought roboadvisor Wealthfront (which is popular with millennials and Gen Z investors) last week for $1.4 billion.\nThere's little reason for Robinhood investors to be merry\nThere's little reason for Robinhood investors to be merry\nSo here's a thought: Could Robinhood be a potentially good fit for a company like PayPal (PYPL), which also has a large base of younger customers and is looking to step up its game in investing?\n"Where does Robinhood go from here? I can see them getting bought out or taken private," said Hugh Tallents, a partner with consulting firm cg42. "But they wouldn't be interesting to big banks, Schwab or Morgan Stanley. A wild card could be PayPal."\nThe case for a PayPal deal\nTallents notes that PayPal plans to introduce more investing features. The company hired an executive who formerly was president at Ally Invest (ALLY), Rich Hagen, to lead a new Invest at PayPal unit last summer.\nPayPal's user base, especially the younger adopters of its Venmo service, could fit well with Robinhood, too.\n"Robinhood has over 20 million accounts and the customers are young and active traders," noted John Wu, president of Ava Labs, a cryptocurrency trading platform. "It's an attractive demographic." Wu added that Robinhood's near-term woes could make it a good deal at the right price.\nWall Street seems certain that PayPal is willing to spend to grow. There were rumors last year that the payment portal made a reported $45 billion takeover offer for social media firm Pinterest (PINS). With its current market value of about $12 billion, Robinhood would be a much smaller deal.\nRobinhood CEO: We're relentlessly focused on the long-term
Robinhood CEO: We're relentlessly focused on the long-term 03:41\nPayPal, which will report its latest earnings after the closing bell Tuesday, had no comment when asked by CNN Business if it has any interest in acquiring Robinhood.\nBut PayPal president and CEO Dan Schulman has acknowledged that the company is looking to diversify and add more investing products, such as stock trading, to go along with its crypto services.\n"We expect to launch more features next year, including equity investing capabilities," Schulman said during a conference call with investors after PayPal reported earnings in November. "It's quite exciting to see the initial positive reaction to our app, and we will continue to refine and expand its functionality to help consumers navigate an increasingly digital and connected lifestyle."\nFor its part, Robinhood chief financial officer Jason Warnick has said that the company is not interested in selling itself.\n"We've made massive investments in the last year around our infrastructure and our team. We've never been better positioned," Warnick told reporters on a call after last week's earnings. "We think the opportunity is big in front of us and we fully intend to pursue it as an independent company.""},"title":{"matchLevel":"none","matchedWords":[],"value":"Should PayPal Buy Robinhood?"}},"_tags":["story","author_deepmistry","story_30189154","ask_hn"],"author":"deepmistry","created_at":"2022-02-03T05:51:34Z","created_at_i":1643867494,"num_comments":0,"objectID":"30189154","points":1,"story_id":30189154,"story_text":"New York (CNN Business)Robinhood is still losing money. The platform reported a drop in the number of monthly active users in its most recent quarter. Is it time for the struggling online broker to consider a sale?
Even though Robinhood's stock has rebounded a bit in the past few days after reporting its latest financial results, it is still trading at only around $14 a share \u2014 more than 60% below the initial public offering price of $38 last year.\nAnalysts at Goldman Sachs and Citigroup slashed their price targets on Robinhood following the earnings report. The woeful post-IPO performance for the platform is a sign it may be better off as part of a larger firm, especially given the massive consolidation in the business.\nMorgan Stanley (MS) now owns E-Trade and Charles Schwab (SCHW) has gobbled up TD Ameritrade.\nAnd the deals keep coming. UBS (UBS) just bought roboadvisor Wealthfront (which is popular with millennials and Gen Z investors) last week for $1.4 billion.\nThere's little reason for Robinhood investors to be merry\nThere's little reason for Robinhood investors to be merry\nSo here's a thought: Could Robinhood be a potentially good fit for a company like PayPal (PYPL), which also has a large base of younger customers and is looking to step up its game in investing?\n"Where does Robinhood go from here? I can see them getting bought out or taken private," said Hugh Tallents, a partner with consulting firm cg42. "But they wouldn't be interesting to big banks, Schwab or Morgan Stanley. A wild card could be PayPal."\nThe case for a PayPal deal\nTallents notes that PayPal plans to introduce more investing features. The company hired an executive who formerly was president at Ally Invest (ALLY), Rich Hagen, to lead a new Invest at PayPal unit last summer.\nPayPal's user base, especially the younger adopters of its Venmo service, could fit well with Robinhood, too.\n"Robinhood has over 20 million accounts and the customers are young and active traders," noted John Wu, president of Ava Labs, a cryptocurrency trading platform. "It's an attractive demographic." Wu added that Robinhood's near-term woes could make it a good deal at the right price.\nWall Street seems certain that PayPal is willing to spend to grow. There were rumors last year that the payment portal made a reported $45 billion takeover offer for social media firm Pinterest (PINS). With its current market value of about $12 billion, Robinhood would be a much smaller deal.\nRobinhood CEO: We're relentlessly focused on the long-term
Robinhood CEO: We're relentlessly focused on the long-term 03:41\nPayPal, which will report its latest earnings after the closing bell Tuesday, had no comment when asked by CNN Business if it has any interest in acquiring Robinhood.\nBut PayPal president and CEO Dan Schulman has acknowledged that the company is looking to diversify and add more investing products, such as stock trading, to go along with its crypto services.\n"We expect to launch more features next year, including equity investing capabilities," Schulman said during a conference call with investors after PayPal reported earnings in November. "It's quite exciting to see the initial positive reaction to our app, and we will continue to refine and expand its functionality to help consumers navigate an increasingly digital and connected lifestyle."\nFor its part, Robinhood chief financial officer Jason Warnick has said that the company is not interested in selling itself.\n"We've made massive investments in the last year around our infrastructure and our team. We've never been better positioned," Warnick told reporters on a call after last week's earnings. "We think the opportunity is big in front of us and we fully intend to pursue it as an independent company."","title":"Should PayPal Buy Robinhood?","updated_at":"2025-06-13T09:01:07Z"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"lando2319"},"story_text":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"I've noticed a pattern, large legacy financial brokers are very bad at formatting emails. Especially on mobile.
When coinbase or Robin Hood sends me an email the formatting is always perfect, but TD Ameritrade or Charles Schwab are predictably bad.
Is there a reason for this?"},"title":{"matchLevel":"none","matchedWords":[],"value":"Ask HN: Why are large finance brokers so bad at formatting emails?"}},"_tags":["story","author_lando2319","story_27116909","ask_hn"],"author":"lando2319","created_at":"2021-05-11T11:49:18Z","created_at_i":1620733758,"num_comments":0,"objectID":"27116909","points":1,"story_id":27116909,"story_text":"I've noticed a pattern, large legacy financial brokers are very bad at formatting emails. Especially on mobile.
When coinbase or Robin Hood sends me an email the formatting is always perfect, but TD Ameritrade or Charles Schwab are predictably bad.
Is there a reason for this?","title":"Ask HN: Why are large finance brokers so bad at formatting emails?","updated_at":"2024-09-20T08:30:50Z"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"ajoseps"},"title":{"fullyHighlighted":false,"matchLevel":"partial","matchedWords":["schwab"],"value":"Schwab users are unable to log in"},"url":{"fullyHighlighted":false,"matchLevel":"full","matchedWords":["charles","schwab"],"value":"https://twitter.com/CharlesSchwab/status/1820460824973979956"}},"_tags":["story","author_ajoseps","story_41161498"],"author":"ajoseps","children":[41161552,41161564,41161570,41161584,41161589,41161592,41161615,41161628,41161633,41161637,41161654,41161658,41161671,41161698,41161699,41161709,41161732,41161734,41161787,41161810,41161812,41161818,41161852,41161868,41161887,41161969,41162151,41162164,41163412,41172951],"created_at":"2024-08-05T14:08:08Z","created_at_i":1722866888,"num_comments":67,"objectID":"41161498","points":89,"story_id":41161498,"title":"Schwab users are unable to log in","updated_at":"2024-10-03T21:53:50Z","url":"https://twitter.com/CharlesSchwab/status/1820460824973979956"},{"_highlightResult":{"author":{"matchLevel":"none","matchedWords":[],"value":"newman314"},"title":{"fullyHighlighted":false,"matchLevel":"partial","matchedWords":["schwab"],"value":"You need $6M 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