4813 Results from /payments
Retired Member
I'm not suprised that people are beggining to trust their mobile phone more. There's a festival going on in the Bristol UK, http://www.thoughtden.co.uk/blog/2008/09/12/everything-costs-too-much-igfest/ qhere even some of the games are Mobile based. It's a non-vicious loop, > The developers are starting to play more with the technology > More ...
12 September 2008 /payments
...but SWIFT may be part of the solution. It's fair to say that the SEPA Credit Transfer go-live in January this year has been something of a non-event. SCTs have not taken off and volumes remain low. The main problem, in my view, is that corporates have no incentive or business case to move from their existing payment instruments to the new sys...
12 September 2008 /payments /wholesale
Paul Penrose Head of Research at Finextra
In protest at this 21st century corporate mania for re-branding I suggest we go back to the original source material (as legend has it) and give Swift a distinctively groovy, retro feel.
11 September 2008 /payments /wholesale Finextra@Sibos
Hubert O'Donoghue Managing Director at O-C Group
It seem like every second day we hear about another security breach or data compromise involving usually tens of thousands of card numbers and often additional and even more sensitive information which if used in conjunction with the card number can result in serious financial loss and reputational damage to the compromised party. At the same time...
11 September 2008 /security /payments SEPA and European Payments
Payments professionals jetting off to the Sibos international banking show in Austria next week can offset some of their planet-warming carbon emmissions by taking part in a simple online survey on Finextra - and get a chance to win a top-of-the-range mountain bike to boot. The green e-invoicing quiz is part of Finextra's SibosOnline Green Zone ...
10 September 2008 /payments /wholesale Finextra@Sibos
Loyalty just isn’t working. While the statement may be a little sensationalist, to a large extent this is unfortunately true. In too many cases loyalty certainly isn’t working how it’s meant to. Customers aren’t developing preferences for stores, aren’t redeeming loyalty points and are increasingly seeing loyalty as a chore rather than a privilege....
09 September 2008 /payments /retail
Antony Jenkins, CEO of Barclaycard says contactless chips have huge untapped capability, but the plastic around the chip limits its potential. "Take the plastic away and the possibilities are endless, allowing the customer to pay by using something that they are already carrying, be it a mobile, key fob or even via biometrics," he says. F...
09 September 2008 /payments Futuristic Banking
Jonathan Rosenne Chairman at QSM Programming Ltd.
I quote from the Boston Globe: "In one of the first interviews by a top TJX executive following a record security breach, vice chairman Donald G. Campbell told the Globe that the US payment system should follow countries in Europe and Asia that have rolled out credit and debit cards embedded with computer chips. If the cards were in use world...
08 September 2008 /payments /retail Trends in Financial Services
Recent insight into the extent of consumer personal data available for sale has shocked German authorities into emergency meetings to enact stronger new data protection laws. Like their U.S. counterparts, at least some held concerns and questions were being asked. Was SOX enough? In undercover operations the German authorities were easily able to ...
07 September 2008 /payments /retail Whatever...
In a last-ditch effort to avoid incurring another exorbitant penalty fee at my bank for (once again) overstepping my overdraft limits I authorised a transfer from my Internet-based savings account with Egg to my current account. Problem solved? Er, no. it seems that the payment will take three working days to clear, (ie five days if you count the ...
05 September 2008 /payments /retail
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