4819 Results from /payments
Matt White North America editor at Finextra
Dave Birch, on his Digital Money blog, has found what may well be the fintech geek's ultimate fantasy - a payments terminal in the shape of a life-sized android. Developed in Japan (of course) by NEC, the robot lets you make payments by selecting the appropriate e-money icon on the touch screen panel embedded in his torso before swiping your NFC-e...
14 November 2008 /payments
Hans Hagen Founder at Alphastrike
The European financial services industry should be pleased that the European Parliament finally passed the Consumer Lending Directive earlier this year, after more than six years of mulling, negotiating, and digestion. Or should it? Does the directive really bring about a single market for consumer lending, and level the playing field for consumers...
14 November 2008 /payments /retail
Nick Ogden Chairman at Ogden Research
Contactless payments really seem to have exploded recently. In the past month alone, we have heard announcements from both MasterCard and Visa about trials they are conducting in cities such as Liverpool, New York and LA; but it was the announcement of a trial that Visa is conducting in Guatemala that caught my attention. In particular, some obse
10 November 2008 /payments /retail Innovation in Financial Services
Retired Member
It's interesting to note that people queue up outside faulty ATMs that dispense twice the amount of cash. Technology has its limitations and it's bound to go wrong at times, just like its creator. Homosapiens want anything that’s doled out free - whether it is of any real use to them- No wonder that there was a long line, when ATMs start dispensin...
10 November 2008 /payments /retail Online Banking
Gary Wright Analyst at BISS Research
Today's mammoth cut of 1½% in the interest rate is enormously welcome in businesses both small and large across the land. It is an important weapon in the fight to stave off the impacts of the recession and to bring inflation under control. However, this will only be the case if the banks pass the cut on to borrowers. There must be a temptation by...
06 November 2008 /payments EBAday
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
It is evident - paper invoices will disappear from the business to business and business to government sectors and then later in practise also in the business to consumer/government to citizen area. The 5 mega-class reasons are exceptionally powerful and clear to see. Everyone will benefit - especially the consumers and tax payers. It is only a q...
05 November 2008 /payments Transaction Banking
Despite the financial crisis and the dramatic bailouts of banks it is far from the end of banking. It might be the end of banking as we have known it but as one door closes a new door opens. Now is the time to modify banking and market structures and build a financial services industry that gives its customers a genuinely, good service at a lower p...
05 November 2008 /payments EBAday
I was in Reykjavik, Iceland on the Monday when the Icelandic economy meltdown occurred. By co-incidence I was also on Wall Street when the 1997 crash happened and being in both locations was, I promise, purely co-incidental. In 1997 I was with professional investors, where $400m loss hurt but they didn’t die. In 2008 in Reykjavik the only experien...
03 November 2008 /payments /retail Innovation in Financial Services
https://www.finextra.com/finchannel.asp?topic=security Published: 31 October 2008 - 15:53 Trojan steals 500,000+ bank and card details The login credentials for hundreds of thousands of online bank accounts and debit and credit cards have been stolen by "one of the most pervasive and advanced pieces of crimeware ever created," acc
01 November 2008 /security /payments
Following a report in The Telegraph earlier this month that described the international scale of what is known as a “supply chain attack” powered by Chip-and-PIN readers across the globe (http://www.telegraph.co.uk/news/newstopics/politics/lawandorder/3173346/Chip-and-pin-scam-has-netted-millions-from-British-shoppers.html), it does make me questi...
28 October 2008 /payments /retail Innovation in Financial Services
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