4824 Results from /payments
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
By now it should be clear that any e-bank for consumers should receive e-invoices for one-click approval. Before that the service is just a typewriter - to fill in lots of details and lenghty reference numbers. Salary/pension/direct debit advices etc statements should also be just one click away from the credit transaction. Any SME-e-banking sho...
08 March 2009 /payments Transaction Banking
Robert Siciliano Security Analyst at Safr.me
In the US we are approaching tax time. Scammers are ramped up and looking for your money. Learn these tips and watch your back. Protect and prevent Identity Theft. 1. Text messaging scams or Phexting Like phishing but texting); Criminal hackers have access to technology that generates cell phone numbers and access to mass text messaging services.
05 March 2009 /security /payments
Nick Hastings
OK so this may not be entirely relevant to our usual content covered here on Finextra but I wanted to use my blog profile as a platform to share with the world (well based on our recent user figures we're getting towards the whole world!) the training for and subsequent charity walk I will do doing in April. So what am I doing? From 22 - 28 April ...
26 February 2009 /payments /wholesale Whatever...
Hans Hagen Founder at Alphastrike
A new challenger to Western Union recently emerged in the money transfer area. The WooGroup, based in Paris, was recently listed on the Paris stock exchange (Nyse Euronext, ticker MLWOO). After a somewhat chaotic start – the listing was postponed a week following liquidity problems by Europe Finance et Industry, tasked to manage the introduction – ...
26 February 2009 /payments Trends in Financial Services
Paul Penrose Head of Research at Finextra
PayPal in Germany recently conducted an interesting experiment to see how far you can get in the offline world using just an iPhone and a PayPal account. The firm equipped two competing teams on a trip from their hometowns to Hamburg – approximately 280 miles – with instructions that they could only pay for any goods and services they needed using ...
20 February 2009 /payments /retail EBAday
Retired Member
Ok here’s what I’ve been working on. The patent was filed this week, so I can finally talk about it. Taggo is deigned to add mobile tap and go convenience and one-step enrolment to existing loyalty and rewards card programs in a very simple and cost-effective way. See the 15 minute presentation with audio here. Faced with the growing proliferat...
19 February 2009 /payments
David Divitt Senior Fraud Product Manager at VocaLink
There have been a number of studies published recently about consumer attitudes to online banking or shopping, and there is a persistent theme of consumers still being worried about security and fraud. There is a lot that banks can do to protect consumers from fraud, and the fraud detection and preventions tools on the market today are proven and
17 February 2009 /security /payments
Banks - especially Investment banks - are now being squeezed from all sides - revaluation of securitized papers to unrealistically low market price levels, losses from credit books as economies nosedive, new costs from all sorts of more or less needed regulation, restructuring costs etc - all also leading to higher funding costs. On the other hand...
16 February 2009 /payments Innovation in Financial Services
Unless of course you're flogging them. If it is secure - why the low limit? Of course if you allude that it is secure and ask the consumer they all want to appear bright by answering 'Convenience'. Unfortunately it is unlikely to be very convenient and even less so when the obvious happens. Ask the consumer - "They wouldn't introduce it if it...
14 February 2009 /payments /retail Whatever...
Just how much impetus does the UK's recent commitment to the PSD give to Faster Payments? If you read between the lines of the PSD there are some definite get out clauses. T+1 funds transfer is certainly the stated objective of the PSD (which basically means using FPS in the UK) but Banks still have until 2012 to sort themselves out. Or should...
12 February 2009 /payments
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