4684 Results from /payments
Matt White North America editor at Finextra
A while back I blogged about the potential of biometric ATMs. I was taken by the news that they are being used to pay illiterate workers in India but my hopes for this technology to make the world a better place seem a tad optimistic. Diebold CEO Tom Swidarski is dismissive about the potential for biometric cash machines because he feels that all ...
24 May 2007 /payments
Paul Penrose Head of Research at Finextra
Douglas Jackson, chairman and founder of digital cash enterprise e-gold, has mounted a spirited defence against an indictment charging e-gold Ltd., Gold & Silver Reserve, Inc., and the directors of both companies with money laundering, operating an unlicensed money transmitter business, and conspiracies to commit both offences. Jackson, speaki...
04 May 2007 /payments /retail
John Doyle Director at The Payments Business
The excellent article Chris Skinner wrote re: SWIFT numbers intrigued me. I wondered if you take these very simple parameters and use them to predict growth, what will SWIFT look like in the coming years? So, as one does, I took the figures he gave in his article and created a spreadsheet which is available by clicking here. (Okay, okay, I had t...
01 May 2007 /payments SWIFT Matters
Nice gossipy piece of unsourced news from Reuters about a reputed spat between Kohlberg Kravis Roberts (KKR) and JPMorgan over the private equity firm’s proposed $29 billion takeover of First Data. According to Reuters’ anonymous informant, the two fell out over the future of Chase Paymentech Solutions, the joint venture processor owned 51% by JPM...
27 April 2007 /payments /retail Finextra50 fintech index
See also Recovering Bank Charges - 1 Recovering Bank Charges - 2Recovering Bank Charges - 3 The 40 days are up and I called the call centre and spoke to Gary. The bank have apparently been trying to contact me (how?) to tell me that although they have received my request, they haven't received my £10. Given that this is my bank, and nowadays has ...
26 April 2007 /payments Trends in Financial Services
See Recovering Bank Charges - 1 and Recovering Bank Charges - 2. Just an update I am afraid - no results, yet! I hadn't heard from the Alliance & Leicester so over the weekend I called their call centre for an update. 'We do have 40 days in which to respond you know Mr. Doyle', Anne in Ashford said; 'and it is only 35 days'. She was somewhat ...
16 April 2007 /payments Trends in Financial Services
Hoss Atri Head of Institutional Partnerships at Elifinty LLC
I am pleased to see that Google has brought its online payments service to the UK. The more payment services choices of global scale and reach we have the better. I wonder how long it will be before our banks will provide a similar service. I wonder how worried the likes of Google and PayPal might be about being dis-intermediated by the banks! I h...
13 April 2007 /security /payments
Retired Member
Superb piece of research from Chris, detailing Paypals history since inception in Dec 98, with statistics, and more importantly, why they were successful. "In fact, although many of us think PayPal displaces banks, it actually enhances banking services as demonstrated by the bank services behind PayPal. For example, PayPal runs through Wells F...
11 April 2007 /payments /retail Trends in Financial Services
Interesting story on the BBC Web site about biometric ATMs. They are being used in India to pay illiterate workers who have trouble with the paperwork involved in collecting their wages from the bank. The ATMs use fingerprint technology to identify card holders and also provide voice instructions for the user. The security benefits of biometric ca...
05 April 2007 /security /payments
As any politician will tell you, the first 100 days for a new leader are crucial as your audience is receptive, forgiving and open to change; after this though the judgments start to be made and the cracks begin to appear. So what should Campos concentrate on in his first 100 days as the new CEO of SWIFT? What are the challenges the organizati...
03 April 2007 /payments SWIFT Matters
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