5201 Results from /payments
Retired Member
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...
31 May 2011 /payments Payments strategies 2015-2020-2030
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...
Since the financial crisis, supervisors across the world have been trying to work out ways of dealing with banks deemed to be ‘too big to fail'. The most obvious solution (and the most simplistic) is to chop them up into manageable bits so none are too big or interconnected to be allowed to fail, because the current received wisdom seems to be tha...
25 May 2011 /payments /wholesale
It seems that the technology for supporting mobile payments will soon become widely available. Most of the major smartphone operating systems have announced support for NFC. Many big names such as Nokia, Blackberry and HTC have launched NFC phones and some key Mobile Network Operators have made announcements too. However, this new payment eco-syst...
24 May 2011 /payments
My name is Guy. Mr Same Guy. I show up in as a so called private customer off hours, then during working hours as a corporate customer, as a citizen in public sector services and often also as a member of associations, clubs etc. My point is that there are no corporate customers, no private customers, no citizens etc - only human customers or users...
23 May 2011 /payments Innovation in Financial Services
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