5233 Results from /payments
Retired Member
During this ‘countdown’ year to the SEPA migration end date, certain things have become apparent. Firstly, the inertia that has dominated the industry for some years about SEPA now needs to end, as we have discussed in previous instalments in this series. Secondly, there is significant help available today to facilitate migration, particularly the...
01 April 2013 /payments
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
I had an interesting week last week. Not all of which was 'on the record' so to speak - Chatham House Rule and all that jazz. But I believe I can give ya’ll the gist of it. It started out with bankers confused about the future of banking. Then round the middle was a dinner with some investment banking folks entering the seventh stage of grief for t...
27 March 2013 /payments Disruption in Retail Banking
On March 20-22nd 2013, Innopay organized the yearly EPCA payment summit, this year held in Brussels at the stunning Egmont Palace, in the heart of the city. On the first day of the event we organized the Mobile Acquiring expert session, a workshop about the current and future challenges that Mobile POS players are facing in this interesting and ra...
27 March 2013 /payments
On 20 March, the UK chancellor presented this year’s national budget. It announced a ‘Regulator for payment systems - The Government will bring the payment systems into a competition-focused regulatory regime. It will formally consult on this shortly after this Budget.’ Today, HMT has issued the consultation paper; it is accessible here. For the ...
26 March 2013 /payments Payments strategies 2015-2020-2030
Few people paid attention to the following interesting fact: the much-rumored iWatch as well as its now-rumored competitor by Samsung are said to have an internal SIM card. Both smartwatches will also have Bluetooth that allows them to be linked to the phone. Let me connect the dots: that's your operator-agnostic dual-SIM solution, if implemented c...
25 March 2013 /payments Innovation in Financial Services
Eric Smith Senior Pre-Sales Consultant at Dynamic Partners
The world of payments has, of late, become like a sharks feeding frenzy. Blood in the water... well money. There are new announcements being made daily. New partnerships. New programme launches. New approaches and technological innovations. New cool apps and payment devices. So many “disruptive” propositions. It’s wonderful and yet it is also confu...
25 March 2013 /payments
Paul Love VP Business Development at Konsentus
When the going gets tough ... The cash gets going One item of news that stood out about the citizens of Cyprus struggling to come to terms with their predicament, was that the British government have effectively underpinned Cash as the default payment method in a time of crisis, as "Britain flies out cash for troops". While the banks in...
22 March 2013 /payments
Today, three CEOs of the UK top mobile operators shared their view on Weve. Let's get it straight from the horse's mouth. The use of smartphones to "shop with and buy everyday items instead of credit and debit cards" was singled out as a major opportunity for brands. The operators were referring to consumer brands there, yet the only bran...
21 March 2013 /payments Innovation in Financial Services
The existence of a mandated end date for SEPA migration is frustrating to those of us who do not like to feel that someone else should dictate our priorities. Treasury has plenty of them already, so it is disconcerting that an issue of compliance (bringing with it cost, resourcing issues and quite possibly a minefield of political issues) has been...
21 March 2013 /payments Payments strategies 2015-2020-2030
The Federal Reserve has announced that it is expanding the FedACH SameDay service to offer greater opportunities for same day clearing of ACH transactions. Effective April 1, 2013, the expanded service will feature the following modifications: Permits all SEC Codes except International ACH Transactions (IAT), Check Truncated Entry (TRC) and Check...
21 March 2013 /payments
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