4854 Results from /payments
Retired Member
The recent report by the ICB on banking in the UK underlined a major factor missing in today's world - the need to increase competition across the various services that our banks offer. It reminded me of the countless situations I have encountered where the customers' search for value has resulted in a new choice of bank, despite having a relatio...
23 April 2011 /payments
The European ATM Security Team (EAST) reported last week that fraud is in overall decline at European ATMs – good news for the industry and testament to the investment that has been made in the migration to EMV to date. In the UK, there is also a growing consumer awareness of skimming and the need to protect your PIN at ATM and PoS terminals which...
20 April 2011 /payments
The recent Epsilon breach that exposed millions of email addresses has the potential to create a very big problem for all email marketers and will demand development of new best practices in the world of email marketing. It is of particular importance for banks and brokerages with a retail facing business, as these organizations are the most likel...
19 April 2011 /payments
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
http://streams.metropolia.fi/old/MultimediaTech2010/bo_harald_1/
18 April 2011 /payments Innovation in Financial Services
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
The last year has been awash with news and analyst reports about how American consumers are forsaking credit cards and increasingly using debit and prepaid cards. Given that credit cards are a “pay after” instrument as against debit and prepaid cards that are “pay now” and “pay before” instruments respectively, pundits have concluded that the sh
18 April 2011 /payments
Simply put, payment execution is the process of initiating payments, whether by check, ACH, wire or card. Increasingly, companies are looking to outsource this portion of their A/P processing. Payment initiation is time consuming, labor intensive and expensive (in the case of checks) and certainly meets the definition of a non-core business func...
12 April 2011 /payments Payments strategies 2015-2020-2030
As final day for SEPA has been changed, again. I started to think what we could learn from Open Source Development. Every day streets and meeting rooms of Brussels get important people to discuss hard topics. Every night they fly away and meet again next week or month to discuss again technical papers on important issues. This could be SEPA, this ...
11 April 2011 /payments Payments strategies 2015-2020-2030
The UK banking and financial service sector is currently undergoing a period of reinvention (whether it realises it or not). There are several reasons for this: Firstly, the rise of social media has provided customers with a means by which they can voice their needs and also connect with their fellow customers, for example, online communities such...
08 April 2011 /payments /retail Innovation in Financial Services
LEIs don’t just impact the financial markets sector – they impact the whole of global commerce. A company’s LEI will become a key element of accounts receivable, accounts payable, invoicing and e-invoicing, payments and e-payments. An LEI is intended to be a unique identifier of a legal entity. It doesn’t just identify a legal entity uniquely f...
07 April 2011 /payments
iManage is just idea or imaginary product, but it would be good to test if this could make more sense, at least for SME or individuals when talking about e-invoice solutions. As there are so many solutions to receive and pay e-invoices, I had opportunity to talk with other Finextra member some months ago about idea of how there should be one soluti...
05 April 2011 /payments Payments strategies 2015-2020-2030
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