254 Results from 2014, /payments
Miloslav Hoschek Freelancer at e-Silk Road, NGO
Y2014 -Year ZERO D day-February 12, 2014 a new reporting for OTC derivatives takes an radical effect in Europe panic of present unprepared OTC derivatives market participants The lack of understanding what is going to happen The lack of clarity about exactelly what is required Expect the Unexpected new kind of communication between buy side a...
20 January 2014 /payments Payments strategies 2015-2020-2030
Retired Member
Zapp made some further progress by bringing onboard major banks. When it comes to e-commerce, Zapp could indeed represent a compelling value proposition if they do three things: (1) offer consumers the same protection as conventional credit cards; (2) provide e-merchants with liability shift in respect of chargebacks; and (3) extend Zapp to cred...
15 January 2014 /payments Innovation in Financial Services
Ganesh Guruvayur Senior Vice President, Head, Hub Solutions at Intellect Design Arena
Breaking the Mould – Creating a Supply Chain Aware Payments Platform Traditionally, payments processing has been subservient to many business domains such as Supply Chain Finance, Trade Finance, Integrated Account Receivables, Integrated Accounts Payables etc. The context for an outgoing payment emanates in a business silo, is executed and then ha...
13 January 2014 /payments
Everybody these days talks about Target data breach. It is serious and damaging for such massive company reputation. On top of that there is huge financial liability on Target's shoulders right now. There might be real need for re-issuing those 70 million or so cards (Target will be covering those costs most likely), potential for (real or fake) c...
12 January 2014 /security /payments
You may have seen the big news today that the European Commission has announced a proposed extension to the SEPA migration deadline of six months, from 1st February to 1st August. Their view is that the rates of adoption are not high enough to guarantee a smooth transition. According to the latest migration stats available, credit transfer adopt...
10 January 2014 /payments Payments strategies 2015-2020-2030
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
I should of course have added to the looking back at 2013 post - that the new direction for mobile payments also made a breakthrough. When it is realized that mobile payments should be payment receiver initiated in order to produce full value the speed in this direction will take up dramatically. How does this work and what does it mean? But first ...
10 January 2014 /payments Innovation in Financial Services
Elton Cane Digital product delivery at News Corp Australia
Referencing the move by Barclays in the UK to introduce mobile cheque imaging in response to the reversal of banking industry plans to kill off cheques by 2018, APCA CEO Chris Hamilton recently said that type of technology could be seen in Australia in the next few years. But any vendors involved in implementing Check21 in the US last decade and...
10 January 2014 /payments /retail Future Finance
2013 was the year when paper and e-mail invoicing was overtaken by structured e-invoicing in Finland. This is now happening with accelerating speed all over the world as governments and other payment receivers are setting migration deadlines. In Finland this also meant that the Real Time Economy program could put full attention on what can be auto...
09 January 2014 /payments Innovation in Financial Services
Are your payment systems safe and secure? Being a bank, financial institution, processor, merchant or a stakeholder of any part of the payment ecosystem then you most definitely have this thought on your mind and your organizations risk register. Securing your payments systems is very similar to securing any other asset in the physical/digital worl...
09 January 2014 /security /payments
Centralized Payment Exception Management – Why do banks need to care? Banking industry is witnessing a heightened search for efficiency in payments work stream. Payment strategists have carefully analyzed the business services that are central to different payment workflows and their distribution across different participating systems in the payme...
04 January 2014 /payments
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