4854 Results from /payments
Retired Member
The benefits to financial institutions of flexibility, responsiveness and agility are well recognized. Organizations will be able to do more with less. Centralized, integrated and fluid payment systems support operational efficiencies and the development of innovative initiatives that enhance product and service offerings. But legacy systems are s...
02 June 2011 /payments
I have been working with one client to research and open their eyes about different options about to pay online. For example, in my former native country- Finland- most of the people prefer to pay with online bank based debit payments over credit cards when doing business online. 70 % or more is exact number. It is easy, it is fast and both mercha...
01 June 2011 /payments Payments strategies 2015-2020-2030
Glenbrook Partners, a well respected payments strategy and consulting firm is on a mission to discover if the long-awaited ‘tipping point' in B2B payments, signaling a world in which electronic payments are the norm, has finally arrived. In pursuit of the answer, they've been interviewing solution providers. View their list of company interviews (...
31 May 2011 /payments Payments strategies 2015-2020-2030
There has been lot of debate about Google Wallet, which itself is a new way to have credit card. It is plastic alright, but not like plastic we are used to have. It has screen, touch pads and you can also call or surf with it. It is also called as mobile phone. This is new step, which has been already tested with many companies in the last past 10...
Brett King CEO & Founder at Moven
Clearly we are entering a phase of massive disruption to the payments system(s) and incumbents of today. To put that disruption in perspective, let's think about what has led up to the current slew of mobile payments announcements and improvements. PayPal evolves P2P PayPal commenced business in its current form around March 2000 with the merger b...
30 May 2011 /payments Innovation in Financial Services
James Campbell Director at Finch & Bamford
On Monday 23rd May Square made a number of company and product announcements: The Numbers: 500,000 readers shipped, and a new peak Daily GPV* of $ 3 million, Square Register: the new iPad point of sale register application, Square Card Case: a new consumer payment wallet and loyalty promotions application. In suitable West Coast style they celeb...
28 May 2011 /payments Innovation in Financial Services
As financial institutions review their payments infrastructure, it is likely that many will decide that they need to start to consider how they evolve current systems in the future, if they haven't started already. But where should they aim to get to? If today's payment systems are siloed, non-compliant, inflexible and uncommunicative, the payment ...
26 May 2011 /payments /wholesale
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Online banking is not ready as long as users: - users have to type in loads of reference numbers, dates, amounts etc when paying bills - do not get mobile notifications when needed for too low or too high balances, transactions effected, invoices received etc - cannot approve proposals with mobile press “a” for affecting proposal (invoice payment, ...
26 May 2011 /payments Innovation in Financial Services
The US OFR has asked the financial industry to come up with a standard Legal Entity Identifier that doesn’t include any “information”. That means that the identifier won’t give away any information about the entity itself – its name, its type or the country that it is based in. This is an opportunity for the industry – globally – to provide its ...
26 May 2011 /payments
Square POS and Cardcase, ClearXchange (BofA, Chase and Wells), Visa NFC trials, Google NFC trials - wow! Mobile Payments just arrived big time this week in the US particularly. So what does it all mean? Inevitability is biting Clearly there's a bunch of very smart people that have all come to the same conclusion over the last months. Mobile Payment...
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