5168 Results from /payments
Retired Member
Inertia set to condemn UK merchants to £1B ($1.56B) of extra costs. The Payment Systems Regulator (PSR)’s March 2015 Policy Statement includes exemptions for Visa and MasterCard and reveals no strategy with regard to the application of interchange fee regulation (IFR) in the UK, leaving merchants exposed to up to 9 more months of unfairly high fee...
08 June 2015 /payments /regulation
Mick Fennell Vice President, Middle East & Africa at Volante Technologies
Are Arab banks ready to make major changes to their payment processing infrastructures? Before answering that question we probably need to ask why? Do they really need to make changes? Why would they, or should they, want to undertake such major internal surgery - is it worth the risk? When one looks at the fundamentals, there’s really no great d...
07 June 2015 /payments
Abhishek Chatterjee Managing Partner at Gartner Inc.
With the rapid advancement of technology in developed countries, we run the risk of creating a Digitally divided society. In one hand Nexus of forces (SMAC) & IoT are changing the urban life like never before, in the other hand section of developing (mostly rural) and under-developed counties have minimum or no access to Digital Technologies a...
06 June 2015 /payments Fintech innovation and startups
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05 June 2015 /payments
Depending on which survey you read, anywhere from 28% to 48% of iPhone 6 users have already tried Apple Pay, and half of those who haven’t intend to do so in the next 90 days. These astoundingly high numbers will impact the payments industry just as iTunes impacted the music business, and players who adapt will prosper and those who don’t will suf...
05 June 2015 /payments Innovation in Financial Services
Today I read an article on CNBC written by Eric Rosenbaum about what Peter Diamandis, executive chairman and co-founder of Singularity University recently said (and much more). “Finance will be the most disrupted industry in the next 10 years,” Well if we think about the changes technology has brought to this normally conservative industry during ...
03 June 2015 /payments /retail
Neil Clarke Business Development Director at Volante Technologies
For millennia mankind has been fighting viral mutations, not only those that affecting humans, but also those impacting harvested flora and fauna. However, though significantly less life threatening, but still a huge challenge to the global financial services business, is the ever changing and proliferating library of financial messaging standards...
02 June 2015 /payments
If we take a step back and look at what has been happening over the past 2-3 years we have reasons to rejoice. We were but claiming -if vehemently- that banking as we know it will vanish like the records industry at Bar Camp Banks organised by the Dave Birchs of the world and visited by the Chris Skinners and Brett Kings on their way to real meeti...
01 June 2015 /payments
Charmaine Oak Co-Founder/Director at Shift Thought Ltd
Now that details regarding Android Pay have emerged, I thought it would be interesting to contemplate on how key mobile payments “ecosystem builders” as I term them, stand with respect to the ongoing mobile payments game. The latest move is Google’s announcement of Android Pay at the Google I/O conference today. This allows customers to pay at reta...
29 May 2015 /payments Innovation in Financial Services
Google announced Android Pay yesterday at its I/O conference. The internet giant outlined a set of APIs that will allow developers to add an Android Pay button to their app and banks to enable payments in their existing applications, facilitating in-app and in-store payments on Android devices with KitKat 4.4 and above. This is a big deal. With 70...
29 May 2015 /payments
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