Why none of these processors able to put any control for Prepaid card issuance such as Keep card DEACTIVATED till it is issued to customer hopefully after Full or Partial KYC and Risk profiling??
How such bug numbers go totally unnoticed ??
02 Mar 2016 16:55 Read comment
Drone pay has more of technology geek sentiment than business case in value chain. I can sense one where Drone is with Merchant / business card and after goods delivered customer does the fund transfer to the merchant's card ( EMV + CHIP + NFC...) or Drone with GSM gateway to complete payment for the delivery of goods ( just as COD).
01 Mar 2016 08:26 Read comment
Looking at issues at Vocalink, I feel NPCI - Indian national level payment infrastrucure provider is better placed with fast payment including mobile (IMPS) as well as going ahead with Universal Hub based API recently.
25 Feb 2016 13:20 Read comment
Few banks have experimented with Bluetooth enabled Piggy bank which inculcate saving habit in kids as well as toy.
18 Feb 2016 09:22 Read comment
UK startup space is poised on full throttle as Two of the startup bank will be riding on Fiserv's platform.
09 Feb 2016 11:20 Read comment
@Joao, I looked at your linkedIN profile and Bank of the Future architecture. Methdology is good and it has worked for several banks. One of the observation in design is the huge change management and migration needed and managing it has its own art and science.
Kudos to you and your team for managing so many of implementations successfully.
01 Feb 2016 09:41 Read comment
@Joao - You may be right but, any bank with legacy system need to face such things as they may be having outdated performance monitoring tools which has not pre-empted them.
For bulky banks ( Those use mainframes and unoptimised coded software) need to be careful with their change management, testing before making design or UX changes.
31 Jan 2016 15:01 Read comment
This business case for rewards -> Redeem -> co-Branding from VISA Commerce platform will be helpful for entire spectrum of retailers ( SME, Big retail chains).
31 Jan 2016 13:19 Read comment
Mr Balasubramaniam, I can share some insights based on my interactions with few P2P lendeing startups.
Lending space has been in High Risk area where in new enterents have found new risk management criterias to create risk profile and ranking. P2P Lending is happening with various models such as bill payment patterns of high risk ( Propsect for Telecom led payments bank and players), building risk score as function of existing debt, income sources and prospects.
26 Jan 2016 10:56 Read comment
PayTM is using learning pages from Microsoft Research project - DHWANI -http://research.microsoft.com/en-us/projects/dhwani/
Apart from PayTM, UltraCash (www.ultracash.in) - mPOS and Wallet company in India has also launched it ( PayTM may be learned it from UltraCash becuase PayTM wants to partner with small shop retail owners)!!
25 Jan 2016 16:37 Read comment
Innovation in Financial Services
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