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4846 Results from /payments

Retired Member

Retired Member 

TRANSPOSITION OF THE PSD : STATE OF PLAY

According to the European Commission, at the end of March 2010, 16 Member States have transposed the Directive and 7 other member States have transposed it partially. Infringement proceedings were launched at end January against all those Member States lagging behind On the basis of the data provided by 13 Member States, the Commission services i

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

3,5 million accountants in Russia

The ECR e-invoicing conference in Moscow last week was told that out of a population of 141 million 3,5 million work as accountants. This may be explained by the information mentioned that some 12 billion invoices are exchanged every year. This may sound high – but may be explained by use of pro forma invoices. Paper for VAT invoices lead to 1000-...

/payments Innovation in Financial Services

Retired Member

Retired Member 

MT, IAT and 20022

Recently Tower Group published research report on Payments developments, emphasizing the traction towards global payments standards (see Payments Rail). Now that IAT (International ACH transactions) are in production with mandatory extended information on counterparties and payment stacks, at every hop of payment information, standards intercha

/payments Innovation in Financial Services

Retired Member

Retired Member 

Is there a Silver Bullet for Mobile Payments security?

Engineers tend to frown at marketing and BD, but creating leads or closing a deal is never easy. No matter where you are you want to be able to clearly articulate what is the customer’s pain point that you are solving. And you want your solution to be as straight forward as possible, too. If you resort to detailed tables and text you’re bound to

/payments /regulation Innovation in Financial Services

Retired Member

Retired Member 

SEPA and white elephants

If one was to take a spectator’s view of SEPA progress to date, one could be excused if the image of a white elephant flashed before one’s eyes . . . . . We had a memorable white elephant in the UK not so long ago : the Millennium Dome. It was central to the country’s celebrations at the turn of the millennium, but there was little clarity on what ...

/payments /wholesale

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Banking, risk and payments - our industry in flux

I will be moderating the afternoon financial services session during IBM's UK Impact 2010 conference next June 8, 2010 in London. There will be a full day of financial services and technology discussion. In addition to presentations from IBM, UK Impacts 2010 will include speakers from Barclays, The Bathwick Group and Icon Solutions. The afternoon ...

/payments /regulation

Retired Member

Retired Member 

Bank e-invoicing business case lies in the bigger picture

E-invoicing has been a firm fixture on the banking conference agenda for at least the last five years and the recent EBA Day was no exception. Banks have been rather territorial over e-invoicing, which - until recently – many perceived to be a potentially lucrative opportunity. But, with the exception of banks in the Nordics and the EBA e-invoici...

/payments

Retired Member

Retired Member 

Hyperinflation: An Upcoming Black Swan in Payments?

With no inflation in sight, why am I writing about hyperinflation? Remember, in October 2008, the deer in the headlights look on the faces of economics experts? Nobody in charge knew what was going on. None of the experts in textbook economics, none of the Nobel Prize winning old men. They were all dumbfounded. Every one of them. And they are stil...

/payments /retail

Retired Member

Retired Member 

E-Invoicing Barriers

First day of EBA Day in Luxemburg, e-invoicing had been coined to the audiences. The event held on right after the release of EBA and Innopay’s E-invoicing 2010 European Market Guide report. The first release of the report was in 2008 and touched upon eight findings. One of the findings were about rapid growth of low base under-addressed market se...

/payments Finance 2.0

Retired Member

Retired Member 

EBAday 2010 - How far we've come and where we're going

Yesterday was the final day of EBAday and, as expected, many of the sessions focused on the challenges that banks are currently facing as they integrate SEPA with their domestic payments infrastructures while they migrate from legacy payments, ultimately turning the SEPA vision into reality. EBAday is an opportunity to reflect on the progress of S...

/payments /wholesale

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