5168 Results from /payments
Retired Member
It was 1995 when I started to work with online banking.We created services like mobile banking in year 1997 for WAP based mobile banking with Post It Notes because there were no WAP phone in hand. Now I am thinking how we do banking in 2020. Share your visions, here is mine. - In 2020 there will be traditional lending banks and more advanced paym...
28 October 2011 /payments Payments strategies 2015-2020-2030
Olivier Berthier CEO at Moneythor
Just came back from the International Chamber of Commerce (ICC) Banking Commission meetings in Beijing. It was a great conference with excellent content and debates, from the rules making activities to the launch of new instruments like the Bank Payment Obligation to address the open account and supply chain finance space, from regulation with Bas...
28 October 2011 /payments /wholesale Financial Supply Chain
Dear Bank IT Manager, It is incredible how fast time passes. I think that the same week of my last post I sowed rocket seeds in my vegetable patch. Well, I still cannot eat the rocket but it is clearly visible in its row now and surrounded by spinach, cabbages and celery. Anyway, I would imagine that you are probably not very interested about this...
26 October 2011 /payments /regulation Finance 2.0
Pat Carroll Founder/Executive Chairman at ValidSoft
A clutch of recent news stories makes all too clear the opportunities and the challenges of the mobile payments revolution. First up, research from Barclays Corporate forecasts that m-commerce in the UK will increase from £1.3bn in 2011 to £19.3bn in 2021, or from 0.5% of total retail sales to nearly 5%. That is a huge opportunity, and as m-commer...
20 October 2011 /payments Innovation in Financial Services
Well they have arrived. After more than a year of discussion and debate the new requirements for Point to Point Encryption (P2PE) have finally been released by the PCI SSC. These requirements, which are contained in the Point to Point Encryption: Encryption, Decryption and Key Management within Secure Cryptographic Devices (Hardware/Hardware) v1....
18 October 2011 /security /payments Information Security
The EMV ball is starting to roll in the U.S., and the EMV specifications will affect all actors in the existing payment scheme – from issuers, acquirers, merchants to consumers. For issuers, this transition to cards that can perform EMV transactions can be segmented into three parts: enhancements to the back-office systems, enhancements to authori...
17 October 2011 /payments
This article explains the issues and challenges around traditional B to B trading processes, the limitation of ERP packages and how the internet as a cloud could make it possible to work together much more efficiently. Still reliance on paper processes Until today businesses have been sending trade information (orders, invoices, payments, etc) fro...
13 October 2011 /payments
When we think about Leaving the Check Behind, many people do not realize what a critical role Independent Sales Organizations (ISOs) play. Card payments, and in particular single use virtual card payments, continue to be a highly viable alternative to paper checks for accounts payable payments. With Business to Business payments accelerating, and ...
12 October 2011 /payments Innovation in Financial Services
Mobile payments are enjoying a lot of very good press right now and customers seem very keen on finally being able to use their phones to complete purchases. However there is a very important group of people which is not so keen on them and they are crucial to the development of the whole idea. Recent study by RetailCustomerExperience.com has reve...
12 October 2011 /payments /retail
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
I got the half a million pageview message and looked into what I wrote in early 2010: " "I have been writing blogs for about 3 years and it is helping me to get some messages and information out to partners, customers, students, researchers and others who share the networked economy passion. About a year ago I was invited by finextra to ...
11 October 2011 /payments Innovation in Financial Services
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