4685 Results from /payments
Retired Member
After the last few hectic days at Sibos here in Boston it was a delight to sit down in the closing plenary and rest my rapidly fading voice and tired feet. There is always an inclination not to take in everything that is said during these long plenary sessions, but fortunately I found the speeches focussed and relevant. Michael Cohrs gave one of t...
04 October 2007 /payments /wholesale
During this week at Sibos I have seen the results of several surveys around SEPA. Most would imply that the industry is not only positively engaged, but will achieve full migration by 2012 at the latest. However, my private conversations with fellow European bankers would not support such optimism. During these I have learnt that there are expect...
03 October 2007 /payments /wholesale Finextra@Sibos
Day 2 of the Swift conference in Boston was filled with meetings about SEPA and the PSD (for those of you outside Europe this is the Payment Services Directive, the new legislation to harmonise the payments environment across Europe). The good news is that nothing new was said, but perhaps this is also rather sad. Banks have been concentrating on p...
I hope you all had a great day yesterday. I thought today I should muse a little around one of the themes from yesterday's opening plenary. I am sure that like me, many of you noticed the more relaxed style of presentations. This fitted well with the theme of SWIFT moving from operational excellence to customer intimacy. Working more closely wit...
02 October 2007 /payments /wholesale Finextra@Sibos
Hi everyone, It's great to be back again for another year. I am sure most of you, like me, have spent the last few weeks in frantic preparation - arranging meetings, preparing presentations, briefings, speeches, press announcements and all the other things regarded as essential for a successful SIBOS. SIBOS is about communication and -- as every ...
01 October 2007 /payments /wholesale Finextra@Sibos
Paul Penrose Head of Research at Finextra
That's the opinion of Ted Leonsis, chairman of RevolutionMoney, describing the new RevolutionCard, which was released in the US today. The PIN-protected card offers a line of credit, $15,000 top-up capacity, ID-theft protection and interest rates pegged to the card holder's credit rating. It also promises to significantly undercut the hated inter...
24 September 2007 /payments /retail Trends in Financial Services
An interesting working paper from the Federal Reserve Board of Philadelphia which suggests that disputes over Intellectual Property rights pose a risk to the development of the Single Euro Payments Area (Sepa) and subsequent innovations in banking and retail payment media in Europe. The authors argue that the lack of a proper intellectual prop...
18 September 2007 /payments /retail Finextra@Sibos
Matt White North America editor at Finextra
Barclaycard has gone all high tech with its marketing for the new OnePulse card and set up a Micro site called ‘The institute for future living’. A fictional character called Professor Danny shows you how much easier life can be if you use the magical contactless card. Danny explains OnePulse whilst a video of a woman who simply can’t manage to pa...
14 September 2007 /payments Cringeworthy marketing gallery
Shares in core banking vendor Financial Objects slipped four per cent after the company reported a 21% decline in revenues from its banking division. The group has appointed a new head of banking in an effort to revive sales, but warns that it now expects to record a full year decline in revenues in the division. Financial Objects is resisting call...
06 September 2007 /payments /wholesale Finextra@Sibos
Over at NetBanker, Ron's wrote about the notion of PFM (Personal Financial Manager, eg Quicken) and that will not be the solution to bringing the last holdouts into online banking. In particular, he spoke of the older generation boomers, and others who if they have not adopted such tools, are unlikely to do so now. In any event, the post promp
31 August 2007 /payments Futuristic Banking
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