5267 Results from /payments
Retired Member
India is shaping up for the new growth phase under the new government. The opportunity: 1. The Country has opened the floodgates for vendors in digital banking in the realm of Financial inclusion and to telecos . 2. Given the penchant for mobility devices by the population, mobile banking, in all likelihood will mushroom with the stage being set f...
12 July 2014 /payments Innovation in Financial Services
As global commerce becomes a 24/7 real-time reality, there is a strong need for payment mechanisms to move in harmony with this new world. The fundamental requirement is to be able to move money from one account to another immediately, with certainty and convenience and at low cost to all stakeholders. Many existing payment infrastructures do not ...
11 July 2014 /payments
Pat Carroll Founder/Executive Chairman at ValidSoft
The payments world is all abuzz about the potential of biometrics to solve many of the serious payment security issues we now face. Not only does biometric authentication – be it voice, iris or even Apple’s Touch ID finger print scanner - allow us the ability to finally kill or reduce the role of the dreaded and much maligned password, it opens up...
10 July 2014 /security /payments Innovation in Financial Services
Lee Williamson Research Analyst at Cash Management Solutions
Last month, an experiment on Beech Road in Chorlton, Manchester, transformed it into the UK’s very first ‘cashless’ street. For one day only the majority of the shops and businesses stopped accepting notes and coins, forcing customers to pay with credit or debit cards. The experiment was organised by card payment provider Handepay to see if we are ...
10 July 2014 /payments /retail
The way bank customers access and manage their finances is evolving at a rapid pace. While the physical branch was once at the centre of a retail institution’s offering, this model has witnessed enormous change in recent years, according to a new report from the British Bankers Association (BBA) and EY. The second Way We Bank study has found tha
09 July 2014 /payments Innovation in Financial Services
The UK’s rental market is booming. The number of new properties being listed for rent each quarter has been growing at a much faster rate than the number of properties being listed for sale during the same period. The increasing supply of properties available for rent has also been helped along by the rising numbers of buy-to-let owners and incre...
08 July 2014 /payments
If you’re using Direct Debits to get paid by your customers, you’ll no doubt be aware of the cash flow benefits... Direct Debits give you the power of knowing exactly when and how you’re getting paid, meaning you can plan and forecast better, which leads to better cash flow for your business. Now and again though, it’s worth having a bit of a ‘sens...
Cloud computing services are being cited as the panacea for rising internal computer costs, offering scalable IT infrastructure to large and small companies alike. Cloud based services, we are told, can manage all of our client on-boarding and channel integration needs, from running an ERP system to automatically integrating transaction and statem...
While some governments around the world have struggled to keep up with the digital age, many Middle Eastern countries have risen to the challenge and introduced market-leading innovations. E-government is one area that has taken off in a big way in the region in recent years, with successful initiatives in the United Arab Emirates (UAE), the Kin
27 June 2014 /payments
Tushar Chitra Vice President, Product Strategy and Management at Oracle Financial Services
Last weekend I was out shopping for apparel for my family at a retail outlet I prefer for all my clothing purchases. Being a weekend, the queue at the payment counter was characteristically long. After what seemed like an interminable period, I finally arrived at the counter. The visibly harried and overworked lady at the counter mechanically and ...
24 June 2014 /payments Future Finance
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