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Payments systems visions, strategies, trends, pilots, forecasting, and planning for the short-, medium-, and far-term.
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Small and large companies alike want more streamlined A/R processes. The driver behind a common standard for remittance information delivery is to enhance the value of and promote the growth of electronic payments in order to improve efficiencies and enable straight-through processing. Earlier this summer, I attended a remittance standards confer...
29 September 2011 /payments /sibos
More ideas will develop when bright minded people meet. Last weeks i have been looking new or old Innotribe Idea box services. Preatty nifty idea but is it lacking promotation or don't banking business have any ideas. Do you know similar places, where innovations can be presented and then rebuild with help of other innovators?
27 September 2011
Felix Kronabetter Business Development Manager at RBR
People living in the majority of countries that do not use, or make limited use of, paper cheques will be mildly amused if they have been following the controversy in the UK around this archaic payment instrument. For some, the future of the cheque is no laughing matter, however. If you are not familiar with this story, it dates back to December ...
22 September 2011 /payments
Everyone agrees that e-invoice saves money, makes things easier and it is good for environment. But if we think situation for SME, this makes sense but still it is hard to adjust business for this. Good examples comes from own experience and I share my own for you. I like e-invoices but still struggle to send one. There are several reasons for this...
19 September 2011 /payments
Recruiting great salespeople from outside the payments industry can be a winning strategy. But there’s an obvious problem: they have no experience of the industry. How do you help new hires to learn the knowledge they need to be effective quickly? I work a lot in the payments industry, and I’ve seen this strategy work very well for merchant acquire...
01 September 2011 /payments
Miloslav Hoschek Freelancer at e-Silk Road, NGO
copyright Miloslav HOSCHEK PhD independent consultant mhoschek/ad/gmail.com
24 August 2011
Mike Kresse SVP Money Movement & Retail Solutions at FIS
“If you line up the 30 billion checks issued by the top check writing countries in the world each year, you’d have a paper trail all the way to the moon and back.” The video, Global Mobile Finance contains statements such as these that truly make us wonder when we are going to finally leave the check behind. In the B2B world, the drivers for mo...
18 August 2011 /payments
Vilmos Levente Kovacs Managing Director at Simplexion Informatikai Kft.
By the SEPA Direct Debit (SDD) scheme, which is currently under implementation is Single Euro Payment Area (SEPA) client authorize the service provider to collect. Under this mandate the service provider authorize its bank to collect the cost of service usage. SDD also allows up to single point of collection. The aim by the regulator to implement ...
29 July 2011 /payments
EU portable mobile phone number and account number as one unit in 2025?.... cont. copyright Miloslav HOSCHEK PhD independent consultant mhoschek/ad/gmail.com
19 July 2011
In my last post, I discussed the recent findings published in the 2011 AFP Payments Fraud and Control Survey which concluded that the rate of payments fraud attacks remains stubbornly high. Continuing with this topic, here are some industry best practices for combating payment fraud as it relates to B2B A/P payments. A single, centralized system ...
06 July 2011 /payments
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