4843 Results from /payments
Retired Member
70 percent of all transactions in Australia and 75 percent of payments between $11 and $25 are made with cash. Customers may use credit cards for reasons such as an interest free period and loyalty programs may influence a quarter of credit card transactions. Credit cards are used for around 10% of payments. Debit cards are more popular accounting ...
01 July 2009 /payments /retail Whatever...
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
Which region experiences the least amount of online banking fraud? Is it the one with the most stringent regulations or with the most investment in expensive, state-of-the-art fraud protection software? According to Paul Henninger, Director of Fraud Solutions, Actimize who spoke on the Payments and risk management panel at this week's EBADay in Vie...
01 July 2009 /security /payments
Matt White North America editor at Finextra
So, Sepa is obviously a big deal for the banking delegates here at EBAday but the corporates in attendance are a little less enthusiastic. Andreas Nestler, head of cash and treasury management at Austrian construction giant Strabag is certainly not in any rush to get it implemented. During the panel discussion on the corporate perspective on paymen...
30 June 2009 /payments EBAday
At the Payment Markets Insight into Central and Eastern Europe panel discussion at this week's EBADay in Vienna I did not expect to hear a (minor) diss to the mighty Swift. Hermann Fürstenau, sales manager, at PPI AG extrolled the virtues of the Electronic Banking Internet Comunications Standard (EBICS to those are are required to comply). Sepa is ...
30 June 2009 /payments
I've seen plenty about Web 2.0 and people wondering how do banks get into social networking. From what I can see most of you have it back to front. It's not about using the new social media communications channels as just another means of bleating out your unwanted messages, or or to have you most passive and vetted staff chatting with customers. I...
29 June 2009 /payments /retail Innovation in Financial Services
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Many enterprises have seen that focusing only on the core may be detrimental as there are few examples that this has created innovation based growth. This does not mean that routine tasks, that can be outsourced, should not increasingly be. Outsourcing has been an early and is in the context of the networked economy an even more natural step. Once ...
28 June 2009 /payments Innovation in Financial Services
" The role of the innovator is to meet customers on their terms as human beings.The goal of the innovator is to empower your customers to realize the change they want to see in the world." Paco Underhill I like the statement - especially "on terms as human beings" - which I interpret as holistic but simple answers to practises i...
The target for the EU Commission is to cut the costs of SMEs caused by complicating legislation with 25% before 2012. As SMEs generate 60- 70% of all turnover in EU, this is the obvious thing to do to improve competitiveness. The most important productivity area to address is now fast and easy migration from inefficient and sometimes insecure paper...
27 June 2009 /payments
I have noticed a few things lately. Corporations have an obsession with information. That's essential you might say. I'd agree that information is essential, but exactly what? It is important to make the right information the target of your obsession. This is where the problem begins - focusing on the wrong information and too much information. I o...
26 June 2009 /payments /retail Innovation in Financial Services
Well, the numbers are bad, but not altogether hopeless. The score on the Gallup Confidence in Banks poll in the NYTimes puts banks at 22, In 1979 they stood at 60. I expect that bankers themselves will always provide enough support for themselves to keep it at about 10, so there are still one or two consumers out there with some confidence in the ...
24 June 2009 /payments /retail Whatever...
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