4823 Results from /payments
Retired Member
More competition in the already hyper competitive payments market. A new entrant noca.com is challenging the supposedly old guard. I suppose you can call Paypal old guard even though lots of people still haven't heard of it - they do have hundreds of millions of users. Problem is I think with Noca you won't get points on card purchases because of t...
11 February 2009 /payments /retail Innovation in Financial Services
Last week, Finextra carried a report from Cifas that UK fraud rose 16% in 2008. The recession was blamed for more Brits turning to crime. A big part of the increase was also attributed to a 207% jump in "facility takeover" fraud. I commented on that story directly, but decided this was a worthy item to begin my own Finextra community bl...
05 February 2009 /security /payments
Gary Wright Analyst at BISS Research
Finding a SWIFT alternative always comes up in any discussion about messaging standards and the direction the finance industry is going. Most professional people in the know agree that SWIFT is a double-edged sword with both good and bad points. On balance the good has outweighed the bad but the gap is narrowing. SWIFT has had some outstanding ach...
04 February 2009 /payments /retail SEPA and European Payments
It's not often that I find myself in agreement with Peter Mandelson the UK Government Secretary of State for Business, Enterprise and Regulatory Reform but this economic crisis is producing many strange bedfellows, forging unusual statements and acts, as everyone tries to come to terms with what's going on and more importantly what to do about it....
02 February 2009 /payments SEPA and European Payments
Nick Hastings
So after a 4.5 mile hike through the snow from Battersea to St Martins Lane, which took over 2.5 hours, I finally made it to Finextra HQ. Happy to report the rest of the Finextra sales team made it in as well and we're here to answer all your advertising, lead generation, events and marketing questions! I thought I'd share some photos of my journ...
02 February 2009 /payments /wholesale Whatever...
Nick Ogden Chairman at Ogden Research
Gary Wright see https://www.finextra.com/blogs/fullblog.aspx?blogid=2447 sat and listened to a presentation that I made on Tuesday and wrote up a piece on his blog, due to reasons far beyond our understanding (technical issue we suspect) I have been unable to post my reply to a very extensive comments on to his blog site, so I apologise for th
31 January 2009 /payments Innovation in Financial Services
At this weeks Purchasing Card Forum, Nick Ogden, founder of WorldPay and currently chairman and CEO of Voice Commerce Group presented the use of voice recognition as the next big thing in security. He outlined that so far the methods used for card security have all been found to have fallen short and a straw poll of the audience appeared to justi...
29 January 2009 /payments MiFID
Atso Andersen Head of Corporate Relations at Aalto University
Is this crisis the end of social lending? Yes and no. Majority of the social lending services which have been shut down (Prosper and Zopa US, to name the famous ones) were actually more like traditional banks presenting themselves as new kind of financial institutions. Prosper was a bank with a core idea to securitize loans. Zopa US facilitated th...
29 January 2009 /payments /retail
Hans Hagen Founder at Alphastrike
To my great satisfaction I read recently that Carrefour will issue it's PASS card with contactless technology in collaboration with MasterCard. The new card will be on the cutting edge of current card technology, including multiple accounts on the same chip, giving consumers the choice to pay with their own money (debit) or funds made available...
29 January 2009 /payments Trends in Financial Services
I have been thinking a lot about how the crisis is having a different impact on the world’s national banks, which don’t seem to be suffering as badly as the big international players. In the cards and payments business at least, national banks may be able to take advantage of the crisis to get ahead while big international players struggle to surv...
29 January 2009 /payments SEPA and European Payments
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