5243 Results from /payments
Retired Member
The only things that are certain in life are death and taxes, or so Benjamin Franklin’s infamous quote goes. In today's financial services market we can safely add another certainty - change. It seems to be an almost daily occurrence at the moment, whether its changes to rates, products, regulation, people, lenders, processes, policies or consumer...
17 October 2014 /security /payments
Brett King CEO & Founder at Moven
The Fear Factor on Ebola is over the top right now. We are spending countless hours in the media analyzing footage of health workers, figuring out how a nurse in Texas contracted the disease despite strict quarantine procedures, and debating over whether to travel on aircraft. In all of this though, the transmission methods of Ebola have been well...
17 October 2014 /payments Innovation in Financial Services
With the introduction earlier this year of Host Card Emulation (HCE) and last month’s reveal of the iPhone 6, Near Field Communication (NFC) technology is making a strong move to fulfill its promise to be the dominant “physical world” payments technology. The reinvigoration of interest in NFC is raising the stakes for enabling technologies that mak...
17 October 2014 /payments
Lu Zurawski founder, iKnowMe at Lu Zurawski
Chances are you have been hearing a lot about mobile payments lately. Thanks to the likes of Apple Pay, everyone wants a piece of the action, with Google and Amazon working on plans to enter the market. Even PayPal has been forced to respond to Apple’s announcement in what is becoming a very noisy space indeed. Last week it was Facebook's turn whe...
Bethan Cowper Head of International Marketing at Compass Plus
The payments landscape is in a state of flux and has been for the last ten years. However, we finally have the technological agility to deal with change and meet consumer expectation. It is this synergetic meeting of ability and technology that can really drive change. What does this mean for payments? Well they are already attracting a lot of pre...
15 October 2014 /payments
The ramifactions of a cap on interchange are more profound than meets the eye As interchange revenues will inevitably dwindle, issuers now have to create new revenue opportunities. One low hanging fruit is to look at monetizing the transaction data. If banks obviously cannot give data away, they can at least prevent fintechs companies from disinter...
14 October 2014 /payments Payments strategies 2015-2020-2030
The adoption of the ISO20022 standard as the format of choice for corporate payments has really gathered momentum. Kick-started perhaps by SEPA, it is now rapidly being used by the bigger banks for every payment in every country. Payment factories to a large extent were born out of the formats nightmare faced by large corporates. Payment soluti...
Pat Carroll Founder/Executive Chairman at ValidSoft
Recently, I wrote a piece highlighting some of the startling data released on the true costs of fraud published in a report by Lexis Nexis. This report examined the costs of fraud across a number of dimensions including channel, payment method, merchant type and location, providing a great view on the true scope of the issues now confronting the p...
13 October 2014 /security /payments Innovation in Financial Services
Host Card Emulation (HCE) technology support is growing by leaps and bounds. Since it was introduced in the KitKat version of the Android operating system, HCE support in smartphones has been growing on a steep curve. This month Google released new use numbers showing that 25 percent of all smartphones running Android OS are already doing so with...
10 October 2014 /payments
Given the critical role national payments systems perform in making economies tick, it’s only natural that regulators around the world are increasingly looking at ways to increase payments speed in order to facilitate innovation as a driver for economic growth and to enable the financial inclusion of unbanked populations. The implementation ea...
09 October 2014 /payments
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.