4846 Results from /payments
Retired Member
No need to introduce Nick Ogden, Chairman and CEO of Voice Commerce group. I've contacted Nick and he kindly accepted to answer my questions about Voice commerce. The questions are more or less the same as the ones I've asked to Brett Meyers (Currency Fair). I want to thank Nick for accepting to play this little game with me! As I did previously, ...
16 June 2010 /payments Innovation in Financial Services
According to the January 2010 report from the National Fraud Authority, fraud now costs the UK an eye watering £30 billion a year. 58% of fraud is committed in the private sector with tax fraud hitting £15.2 billion, and, in the private sector, financial services companies and organisations are said to suffer yearly losses of £3.8 billion through
16 June 2010 /security /payments
Only last week, the consumer group Which? branded the UK’s Faster Payments scheme as unfair and confusing (BBC News, 11 June 2010). Apparently, ‘one in four credit card companies still cannot receive faster payments’ and the different transaction limits between banks appear confusing. I can’t help but think that this is a little bit unrealistic - ...
16 June 2010 /payments UK Faster Payments
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Message from Bruno Koch: “After reading the great E-Invoicing figures for the Swedish market we published in our previous newsletter, Norwegian colleagues reacted promptly and provided me with their own impressive results. BBS reports that B2C E-Invoicing processed by banks and related associations has seen an even better development, with an incr...
15 June 2010 /payments Innovation in Financial Services
Are we witnessing the beginning of the end for cashback on credit cards? I recently received a letter from my credit card provider, advising that in future I will need double the points to obtain the same value of retail vouchers. This changes the cashback rate from 0.57% to 0.27% - and this on a card where the rate of return when originally lau...
15 June 2010 /payments Transaction Banking
Direct debit has been a handy way of getting consumer payments collected in the past. Now – with the help of e-banking and e-invoicing it is time to ask how much more could be achieved with a proper – some might even say radical – consolidation. Today’s practise means that each invoice sender needs to keep registers – who should have it on paper, w...
13 June 2010 /payments Innovation in Financial Services
Here's the end of the interview. Enjoy. Feel free to comment ! Activities : BJ :Now that you have started to run your business, what is your communication strategy? CF: Our communications strategy is focused on positioning CurrencyFair.com as a trusted, peer-to-peer currency exchange service that provides some of the best rates online. One of th
12 June 2010 /payments Innovation in Financial Services
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
I spent the week, not sitting on my 'arse' in the office, but out and about wafting through the world of financial data and technology, Twittering when I could, like the delicate flower that I am. I was going to pick out one or two topics to blog about, but instead will serve up snippets of my week. First up - Monday and the always enjoyable FISD W...
11 June 2010 /payments
Here's the 2nd part. Enjoy ! Bruno Joanides :What were the most important points for the Irish Financial Regulator? Currency Fair:The key elements of the application were compliance with the Anti money laundering and counter financing of terrorism legislation, segregation of client and company funds and the ability to maintain capital requirement
11 June 2010 /payments Innovation in Financial Services
I m proud to post the 1st part of the interview that Brett Meyers has accepted to give me. Brett Meyers is the co-founder of Currency Fair (2nd company to get the license as a Payment Institution in Ireland). I will post the interview in 4 times. If you can’t wait feel free to drop me an email to Bruno.joanides@gmail.com , please take 1 minute t
10 June 2010 /payments Innovation in Financial Services
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