206 Results from 2009, /payments
Nick Hastings
So after a 4.5 mile hike through the snow from Battersea to St Martins Lane, which took over 2.5 hours, I finally made it to Finextra HQ. Happy to report the rest of the Finextra sales team made it in as well and we're here to answer all your advertising, lead generation, events and marketing questions! I thought I'd share some photos of my journ...
02 February 2009 /payments /wholesale Whatever...
Nick Ogden Chairman at Ogden Research
Gary Wright see https://www.finextra.com/blogs/fullblog.aspx?blogid=2447 sat and listened to a presentation that I made on Tuesday and wrote up a piece on his blog, due to reasons far beyond our understanding (technical issue we suspect) I have been unable to post my reply to a very extensive comments on to his blog site, so I apologise for th
31 January 2009 /payments Innovation in Financial Services
Gary Wright Analyst at BISS Research
At this weeks Purchasing Card Forum, Nick Ogden, founder of WorldPay and currently chairman and CEO of Voice Commerce Group presented the use of voice recognition as the next big thing in security. He outlined that so far the methods used for card security have all been found to have fallen short and a straw poll of the audience appeared to justi...
29 January 2009 /payments MiFID
Atso Andersen Head of Corporate Relations at Aalto University
Is this crisis the end of social lending? Yes and no. Majority of the social lending services which have been shut down (Prosper and Zopa US, to name the famous ones) were actually more like traditional banks presenting themselves as new kind of financial institutions. Prosper was a bank with a core idea to securitize loans. Zopa US facilitated th...
29 January 2009 /payments /retail
Hans Hagen Founder at Alphastrike
To my great satisfaction I read recently that Carrefour will issue it's PASS card with contactless technology in collaboration with MasterCard. The new card will be on the cutting edge of current card technology, including multiple accounts on the same chip, giving consumers the choice to pay with their own money (debit) or funds made available...
29 January 2009 /payments Trends in Financial Services
Retired Member
I have been thinking a lot about how the crisis is having a different impact on the world’s national banks, which don’t seem to be suffering as badly as the big international players. In the cards and payments business at least, national banks may be able to take advantage of the crisis to get ahead while big international players struggle to surv...
29 January 2009 /payments SEPA and European Payments
I have written on the topic of high street stores entering banking before but it's now looking certain that Tesco will be the first to go the whole hog. The Chief Executive Sir Terry Leahy appears to be on a mission to utilise the many assets of Tesco and notably their Clubcard with all its client data, to take advantage of the gaps opening up, as...
28 January 2009 /payments EBAday
Michael Wright ex-CEO, NED at Tilte, Taxd, Welleasy
B2C eBilling has failed. In its many guises (Electronic Billing, EBPP, Paperless Billing), ebilling has been around for many years now, yet adoption rates continue to fall dismally short of expectations. The replacement of environmentally damaging paper bills with convenient electronic bills, has achieved adoption rates of around 10% to 15% acros...
27 January 2009 /payments
Paul Penrose Head of Research at Finextra
The UK's Faster Payments service has taken a critical panning from the BBC. The Corporation's MoneyBox programme claims the system is in "disarray", as banks implement the technology in a disjointed patchwork fashion. Northern Rock, Citibank and Abbey have not started to make same-day payments. The Association for Payments and Clearing ...
26 January 2009 /payments /retail
Richard Barr Principal Associate at Citadel Advantage Ltd.
We hardly ever question the benefits of STP. And for the most part, STP is really a smart move. It saves on errors, manpower, time and increases profits. What's there not to like about it? Well, you already know that's a trick question on my part because I'm going to answer it myself. STP can become a liability rather than an asset when we become t...
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