4813 Results from /payments
Amit Sharma CEO & Prepaid Consultant at Emotion Associates
Hardly surprising that there is ever more information emerging about consumer details under 'lost or found' - either lost (in transit, on cds, laptops, etc) or found (on items which have been sold, dumped, stolen, etc). Over the past 18 months, there have been repeated disclosures by the government and other agencies about data being 'lost or mispl...
27 August 2008 /security /payments
Retired Member
When a vendor seeks to use the threat of, or even actual legal means to inhibit free speech and prevent the truth from being exposed is a typical clue that the product is flawed and the company management is devoid of ethics. When a company tries to make us all put our heads in the sand then it's time to carefully reconsider doing business with the...
21 August 2008 /payments Whatever...
Customers may well ask what chance they have if even the bosses of the banks are victims of fraud. Marcus Agius and Andy Hornby can't simply ignore the problem can they? What do shareholders really think? There have been rumblings from downunder about focusing on social networking sites as the root of the problem. Cobblers. A lot of social networki...
21 August 2008 /payments /retail Innovation in Financial Services
Elton Cane Digital product delivery at News Corp Australia
At Swift's pre-Sibos press briefing yesterday the usual group of trade press assembled to hear about Swift's plans for this year's Sibos event in Vienna. Along with the usual talk about "strategy" and "community", a few figures stood out: Over 6,300 people are registered so far for this year's Sibos, with 18% from the UK and 1
20 August 2008 /payments /sibos
I think the simple bit here is that aggregators and comparison sites aren't really as "Independent" as consumers would like them to be. They all earn commissions of the merchants and retailers that they showcase and whilst the commission itself may not be the sole reason for promoting one product over the other, there are surely instances...
20 August 2008 /payments
What form might the SMS take? "Dear Sir/Madam, your card has been involved in a transaction, and because of our flawed and easily exploited transaction system we have notified you in case the inevitable has happened. This does not mean that this possible fraud will be among the .001% of such frauds investigated, or that we will not alter your...
20 August 2008 /payments Whatever...
Sriram Natarajan Risk Dog at Credit Risk Fraud Cards Professional
I think Garanti Bank has outdone itself! This news item really set me thinking - http://www.paymentsnews.com/2008/08/garanti-bank-wi.html Garanti offers a contactless sticker that can be stuck on the back of your mobile and use it like any other contactless chip card. This sticker with a payment application chip is brilliant in concept and simplici...
19 August 2008 /payments
There is an intriguing news release over the weekend by American Express. The premium card issuer's subsidiary American Express Credit Corp has come out with a $ 2 billion note sale at a whopping yield of 425 basis points above comparable US Treasury securities. This yield is way above what investors have been demanding earlier. See http://www.b...
18 August 2008 /payments /regulation
I've mentioned that I didn't think that legal action against researchers who discover flaws in 'security' products is generally very productive. In this case it was downright unproductive. Zack Anderson, RJ Ryan, and Alessandro Chiesa, undergraduates at the Massachusetts Institute of Technology were the target of restraining orders by the MBTA (Mas...
17 August 2008 /payments Whatever...
This is something I am running into more and more frequently. The clerk asks you to sign both the credit card slip as well as the cash register receipt. Presumably, they need to keep the signed cash register receipt to deal with chargebacks. There could be an opportunity here for a payment provider to offer a better service to retailers so that th...
16 August 2008 /payments SEPA and European Payments
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.