4855 Results from /payments
Retired Member
Thousands of small and medium-sized merchants, desperate for visibility and exposure have turned to daily deal sites to help drive traffic to their stores. But the profitability of such models is under scrutiny. I believe there is a huge opportunity for retail banks who could provide a sustainable alternative to daily deal sites by driving their c...
27 February 2012 /payments /retail
Nick Ogden Chairman at Ogden Research
It is that time of the year again. Next week will see more than 60,000 telecoms professionals, journalists and bloggers descend on Barcelona for Mobile World Congress. Plenty has already been written about this now-legendary four day event, but with just three days before the buzz begins, I wanted to take this opportunity to think about what exc...
24 February 2012 /payments
Value is a concept that means different things for different people in the value chain. Understanding each perspective is vital. For consumers, under most circumstances, payments should be like an international airline flight – it should be unremarkable. Nobody wakes up in the morning and wants to buy a payment. And every consumer is looking for a ...
24 February 2012 /payments Transaction Banking
Brett King CEO & Founder at Moven
With recent news that Barclays Pin-git (or is it Ping-it) has had 120,000 downloads in 5 days, that Square has 1m merchants on their payments platform (1/8th of all US card merchants/retailers) and Starbucks is doing 25% of it's North American payments via a cardless App - it seems like Mobile Payments are taking off like the H1N1 virus. The inter...
23 February 2012 /payments Innovation in Financial Services
CGAP have released a very interesting article this morning on customer activity rates for mobile money schemes which contains some condemning statistics for the industry. Of the 120 deployments that were live globally when the study was conducted only 11 had more than 200,000 active users, and active is broadly (perhaps generously?) defined as on...
22 February 2012 /payments
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
E-banking is one of the biggest innovations in banking - worth reflecting on from time to time. So what was our WHY when we launched corporate e-banking in 1979? Mostly a question of speeding up payments and cutting costs by letting large enterprises have similar terminals in their offices as bank employees used in the back offices. In 1982 when e-...
22 February 2012 /payments Innovation in Financial Services
I attend many payments industry conferences and meet with many payments professionals, and I continually hear the same theme around vendor enrollment, also referred to as vendor enablement or vendor adoption. It is the single biggest hurdle for companies seeking to migrate from checks to electronic payments such as ACH or virtual card. Because mo...
21 February 2012 /payments Payments strategies 2015-2020-2030
Pat Carroll Founder/Executive Chairman at ValidSoft
Two security flaws in the Google Wallet have been revealed in the last few days, highlighting the vulnerability of this technology. First zvelo showed how your Google Wallet PIN could be hacked using a brute force attack, and a few days later The Smartphone Champ discovered a way to reset payment options so that anyone who finds an unlocked smart...
21 February 2012 /security /payments Innovation in Financial Services
The recent launch of Barclays’ new Pingit app is another significant milestone on the road to true mobile money, taking consumers one step closer to using their phone as their wallet. While many other banks are working on similar schemes, Barclays has taken the market by surprise with its timing. Going solo on a big innovation like this is a bold a...
20 February 2012 /payments Finance 2.0
Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group
I see a change in the way supply chain finance (SCF) is being perceived in the market. I still have to form myself a more structured opinion so I'll just jot down my thoughts as they come. "Old" SCF: Basically the management of cash and capital to support the execution of supply chain processes (e.g., delivery of the goods). "New&quo...
17 February 2012 /payments /wholesale Financial Supply Chain
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.