5167 Results from /payments
Abhishek Chatterjee Managing Partner at Gartner Inc.
Recently concluded Apple special September product lunch event was full of announcements. It covered all product segments - iWatch, iPhone, iPadPro, AppleTV. Some of the upgrades are incremental, some are transformational and most importantly some are collaborative in nature to provide the best value to end customer. Here is my view on each of the...
12 September 2015 /payments Innovation in Financial Services
Retired Member
In a world where corporate transactions take place around the clock, payment delays are no longer acceptable. How should banks and PSPs prepare for the New Access Model? Since its introduction to the UK in 2008, the Faster Payments Service (FPS) has gained huge momentum. Customers are already seeing the benefits in reducing payment processing times...
10 September 2015 /payments Innovation in Financial Services
Around the world, the use of cash is being challenged. Scandinavians are perhaps the most radical proponents of change (or, rather, the reduction of change in people's pockets). As of next year, many Danish businesses will no longer be required to accept cash. Over in Sweden, former ABBA star Björn Ulvaeus, once famous for singing "money, mone...
09 September 2015 /payments
Disruptive innovation often involves fragmentation and incompatibility… especially in the short-term. Most entrepreneurs focus on solving a specific immediate problem vs. laying the foundation for longer-term usage and growth. Thus, perhaps not surprisingly, the huge majority of all mobile money implementations around the world are not interop
08 September 2015 /payments
Let's get something clear. People don't think of banking. If you're reading this and frowning, chances are you're in Financial Services. They don't. They don't even think of their banks leave alone the act of banking, unless of course, it gets in the way of life. The only time people think of their bank is when it fails them. When it fails to empow...
Mobile payments have been around since, at least, Roman times assuming you include physical currency. For the purposes of this article let’s narrow things down to the last few decades. Payment cards came into being in a global sense during the 1960’s evolving into what may be termed as pay before, pay now and pay later categories. Cards are now emb...
07 September 2015 /payments
Jeremy Light Co-founder at Fourdotzero
For the year-to-date at the end of August 2015, the total number of bitcoin transactions has increased by 70% over the same eight-month period in 2014. For the month of August 2015, the average daily volume of Bitcoin transactions was 115 thousand transactions per day, a 69% increase over the number in August 2014. Bitcoin is growing at a steady...
My hat off to Samsung. Those familiar with my blogs know that I am more likely to dish out harsh blunt criticism than a praise. Not this time (well, almost). Executive Summary For those in a hurry: with the launch of Gear S2 smartwatch, Samsung - for the first time - turned Apple into a follower. Simply put, S2 is genuinely and tangibly superior, i...
05 September 2015 /payments Innovation in Financial Services
Transparency in the process of government subsidy from allocation to distribution to reach the intended receipient is the foundation for confidence in the government and for even economic growth. There have been several such programmes in India from decades. In the past the sharp depletion of dollar number as it percolated was close to 50% (educat...
02 September 2015 /payments /inclusion Transaction Banking
UK consumers have been able to ‘tap & pay’ with their contactless cards for nearly eight years now. Barclaycard issued its first contactless cards as early as 2008 and EAT became the first restaurant chain to accept this simpler, quicker form of payment. The UK is one of the key success stories for contactless, but what have we achieved? We’...
01 September 2015 /payments
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