5191 Results from /payments
Retired Member
The dust hasn't settled yet even though it's been 34 years since the birth (1981) of electronic payments. CheckFree was the "baby." Peter Kight was the "father." As with other banktechs, during other developing eras, there are too many vendors already in this relatively new space. Remember, the idea of computer-based techno...
26 August 2014 /payments
A new iPhone is imminent and again there is much fascination in the payments world as to whether Apple will finally join the near field communications (NFC) fray. It now appears that the iPhone 6, which is expected in September, will be the device that sees Apple enter the mobile payments market. As with all Apple launches, speculation has already...
Brett King CEO & Founder at Moven
If you've been waiting for news regarding Coin Card, then you've got a longer wait than expected. Coin launched with HUGE fanfare in November of 2013, promising to revolutionize your credit card by allowing you to combine up to 6 cards in one bluetooth enabled device. Launched on the same day as the revamped Google Wallet, Coin Card stole the show...
22 August 2014 /payments Innovation in Financial Services
In my previous blog I suggested that we need to understand what was behind the Cloud promise. It can’t simply be that whatever the question, the answer is the Cloud. It is imperative that we consider carefully what is needed to disperse some of the fog that is descending across our industry and revisit, categorise and refine the definition of cl...
22 August 2014 /payments
Ritesh Agarwal Senior Management at On My Own
Question to all bank CEO: Why Ýour' Bank is not encashing on their strengths and why wallets are taking birth like dime-a-dozen. Wallets would survive only in that country where cost of banking transaction is very high and the user needs cheaper alternative. Example: Any african country. All concepts like unbanked, financial inclusiveness are gimmi...
22 August 2014 /payments Payments strategies 2015-2020-2030
“3D Secure is about as helpful as a chocolate fire guard.” Merchant view of 3D Secure, as succinctly expressed on Twitter. For a number of years, the payments industry has associated 3D Secure with a terrible shopper experience and a corresponding negative impact on conversion rates and revenue. Understandably, this has led to a general reluctance...
21 August 2014 /security /payments
I was surprised to read the other day that despite all the hype, still only about 1 percent of commerce transactions happen in mobile devices according to eMarketer. Even total e-commerce, around from the early days of the Internet, still represents barely 6 percent of total retail commerce. These numbers are consistent with the numbers published ...
20 August 2014 /payments
Since Google announced support for host card emulation (HCE) in Android KitKat 4.4 last year, the industry has been divided. Many recognize the value and opportunity that this brings to banks and other service providers for the deployment of mobile services such as payments, transit and loyalty. Others have raised security concerns that they maint...
20 August 2014 /security /payments
Pat Carroll Founder/Executive Chairman at ValidSoft
Payment Services Directive 2.0, Why “PSD2” is A Much-Needed Step Towards Uniformity and Accountability in the European Payments Industry Rules and regulations serve many purposes, from ensuring that business activities are conducted consistently and fairly, to ensuring that providers and their customers are protected from harm, intentional or oth
18 August 2014 /payments /regulation Innovation in Financial Services
Organisations competing in the world of finance are working within a tsunami of regulatory boundaries, which are in place to ensure the right outcomes are generated for individuals, but also present a challenge to the status quo. These regulations are no longer just for boardroom discussion. They are top of mind for people and the media alike. M...
18 August 2014 /payments /regulation
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