4860 Results from /payments
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
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
Retired Member
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
Ganesh Guruvayur Senior Vice President, Head, Hub Solutions at Intellect Design Arena
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
The recent Payment Survey conducted by gtnews discusses the number of banking partners that corporates deploy. On an average in North America, the number of banking relationships range from 1 to 4 while in Europe, it is found to be as high as 20. It is widely believed that with the onset of SEPA in 2014, a wave of consolidation is expected to be w...
02 January 2014 /payments
Corporate Payments are characterized by large value and time sensitivity unlike retail payments that are low value and non urgent. The large value of corporate payments makes it mandatory to ensure that they are backed by funds and every attempt is made to see them through. Automating Payment decisioning Banks are increasingly looking for automati...
Challenges around STP in Payments Straight Through Processing (STP) has gained prominence in the world of electronic payments, with banks the world over, closely analyzing their payment processes to evaluate the STP rates. Banks have witnessed payments business getting commoditized with increased competition and shrinking revenue flows. Post 2008 ...
Keith Appleyard IT Consultant at available for hire
Yesterday 1st January I logged in to Barclays Internet Banking as usual, to make a payment to a new Payee. When I progressed to submit the payment, I got an error message no.6 "we have technical issues, please try again later". Thinking the service might be down for planned outages on it being New Years Day, I waited 5 hours and tried aga...
02 January 2014 /payments Whatever...
OMG ... it is Christmas Eve and we have another charlatan's friend EMV 'expert' claiming that EMV is not the answer to Target data breach in the following article http://pciguru.wordpress.com/2013/12/21/emv-and-the-target-breach/ Well let me tell you again ... EMV IS THE ANSWER as much as 'experts' such as these claim otherwise. It has NOTHING TO D...
25 December 2013 /payments
Will the EMV technology based payments be rolled out in the US in the next couple of years? I do not know for sure, but I hope they will and strongly believe that they should. There is clear push by the major payment schemes wrt so called 'liability shift'. Today card issuers are bearing the costs of the card fraud in the US. Liability shift will ...
21 December 2013 /payments
Pat Carroll Founder/Executive Chairman at ValidSoft
Digital currencies such as Bitcoin have been capturing the attention of the world’s financial and technology press for some time, both in a positive and negative manner. Digital currencies are here to stay, it’s inevitable, and these virtual currencies are at an inflection point and already playing an increasingly apparent role in the daily tradin...
18 December 2013 /security /payments Innovation in Financial Services
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