5167 Results from /payments
Barry Kislingbury Lead Solutions Consultant at ACI Worldwide
It’s funny where your inspiration comes from. I had to do my annual tax return recently, which amazingly resulted in a small refund. What surprised me though (or maybe it shouldn’t) is that Her Majesty’s Revenue and Customs (HMRC) then went to all the trouble of sending me a cheque in the post. Why does this amaze me? Well, it was the UK Gove
21 February 2011 /payments /retail Payments strategies 2015-2020-2030
Retired Member
Last week, Visa Inc announced that it would eliminate the requirement for eligible merchants to annually validate their compliance with the PCI DSS for any year in which at least 75 percent of the merchant's Visa transactions originate from chip-enabled terminals. Visa Europe also announced a programme to reward investment in EMV that reduces EMV...
21 February 2011 /payments
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
We have learned that there are doubts about some of the assumptions in the PWC report in the EC Green Paper on VAT collection released on the December 2nd 2010. As it is obvious that the next important Single Market step is harmonization of VAT collection it is important to get all facts on the table – and then choose the best and probably also the...
17 February 2011 /payments Innovation in Financial Services
Nick Ogden Chairman at Ogden Research
The fact that Orange is launching an NFC-enabled Samsung handset underlines the belief that mobile payments is an area full of opportunity and has potential to take a large share of the payments market. Developments that have been made in the area of e-money only go to highlight the fact that the move towards a cashless society is one that consume...
17 February 2011 /security /payments Innovation in Financial Services
“For years we’ve been hearing that checks are going away, yet they are still used for the majority of B2B payments in North America.” I have heard that statement at nearly every trade show that I have attended this year. The trend toward electronic payments has been strong in the retail banking world where the ever growing availability of online...
17 February 2011 /payments Payments strategies 2015-2020-2030
SEPA is due to become a full-blown regulatory event once the end-dates are set by legislation. The first reaction to any regulatory change is generally that of ‘response’ – dealing with any required change. And that is often the minimum to achieve compliance. Yet this is set against a background of revenue challenges; as the Boston Consulting Group...
16 February 2011 /payments
This week marked the anniversary of when chip and PIN came into force in the UK. Five years’ on, there are apparently more than 140 million chip and PIN cards in issue in the country and more than one million chip and PIN card terminals in place, not to mention the fact that many European countries have now rolled out EMV. As a result, great strid...
15 February 2011 /security /payments Online Banking
Clearly if the entire banking system ruled by the US driven data sharing and transaction reporting rules can't find billions freshly stashed by fleeing dictators - the whole effort is a joke. A joke on European and Asian banks that is. It is also a completely unnecessary cost impost on banks and their customers. Are you all what we call 'mugs' in A...
14 February 2011 /payments /wholesale Whatever...
Have published a report recently on Electronic Payments in India recently. The report attempts to outline key trends and developments in the domain and identify some key opportunities and challenges that would emerge as we move forward in this decade. The report is distinct in that it has been written from a business perspective, and touches upon a...
14 February 2011 /payments Finance 2.0
Last week or so, my client asked if they could use direct debit as optional payment method. To me this is really valid point. They said that when offering their service from iTunes, they pay hefty 30 % commission for Apple. When offering service to be paid with credit card, commission is nearly 2,5 % to 4,5 % per paid service. When discussing with...
10 February 2011 /payments Payments strategies 2015-2020-2030
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