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5252 Results from /payments

Retired Member

Retired Member 

Ignore payment innovations at your peril

With the retail landscape becoming increasingly competitive, businesses are constantly looking for new ways to stay ahead of the competition and steal market share. Internet shopping has evolved significantly since the first online transaction over 20 years ago and with the internet knowing no global boundaries, the possibilities and reach for ret...

/payments

Craig Ramsey

Craig Ramsey Head of Real-Time Payments at ACI Worldwide

EBADay focus on Immediate Payments comes up short

Rather predictably, this year’s EBADay conference in Amsterdam was dominated by conversation of Immediate Payments. The great and the good from the industry came to discuss how we can all improve our customer relationships by simply implementing a pan-European Immediate Payments scheme. And the even better news is that if we implement it on ISO 2...

/payments

Retired Member

Retired Member 

Why Visa Europe Sale Could Be A Disaster For Europe’s Merchant Community

Merchants exposed to a US-style myriad of ever increasing scheme fees while Visa enjoys a constantly rising share price. I am greatly concerned by this week's announcement that Visa Europe is set to be taken over by its US-based sister company Visa Inc for $20bn. Unlike Visa Inc, which has been listed on the NYSE since 2008, Visa Europe is a non-f...

/payments

Derek Garriock

Derek Garriock Innovation Director at Experian

Money is an important issue for the majority. Consequently, where a person banks is too.

With new entrants joining the banking world, individuals have more choice, and there is increased competition for the sector. However, for new entrants, encouraging people to switch to them from the established providers will be no easy task. Our recent research found that 70 per cent of UK adults still ‘trust’ a traditional bank or a building soc...

/payments /retail

Retired Member

Retired Member 

Are payment processing outages really the new normal?

I’m not sure exactly when it happened, but it seems to me that over recent years every few weeks we hear about this bank or another suffering an outage impacting customers or clients on some scale. The payments environment is undergoing somewhat of an evolution at the moment. Faster and often instant payments are becoming the norm, as is mobile ...

/payments /retail

Retired Member

Retired Member 

Harbinger of an Increasingly Cashless Future: Danish Shops to Not Accept Cash

One day people may reflect: do you remember back to when cash was accepted here? This day may not be as far off as you think; recently shops in Denmark were given the right to not accept cash. This blog describes the Danish announcement—as well as others around the world—and discusses whether it is a harbinger of an increasingly cashless futur

/payments

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

The second pyramid - huge value

One picture says it all.

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

We have to speed up the progression to full automation

Service to person - proactively suggesting (big data aided) things to do (and for receivers to accept in mobile phones and other devices) is an important step. But automated service to service is on obvious area to target already now.

/payments Innovation in Financial Services

Retired Member

Retired Member 

Thieves, Pills and Tattoos: Another side to Mobile Payments

For years authentication has been a thorny issue for banks and financial institutions, particularly in the world of mobile services. To date, these organisations have focused on building two of the three primary sources of authentication data into their products and services, namely ‘something you know’, like a password, and ‘something you have’, ...

/payments

Mick Fennell

Mick Fennell Vice President, Middle East & Africa at Volante Technologies

Transformations - the hidden fly in the payment hub implementation ointment

The implementation of any new enterprise payments hub comes with multiple different challenges. Indeed headaches abound, from changes to operational procedures, to definition of new workflows, to updating of organizational structures, to the management of distributed access to information. But when it comes to the development and deployment of n...

/payments

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