5225 Results from /payments
Retired Member
In the 1998 movie “half baked”, the main characters sell weed to various buyers to get their friend out of jail. Not the most sophisticated movie, if I may say so, but decently funny. While they’re selling, you hear a voice over by the main character Thurgood Jenkins (Dave Chapelle) telling about the type of people you meet. One of them is the “en...
11 January 2010 /payments Innovation in Financial Services
"This was not a failure to collect intelligence, it was a failure to integrate and understand the intelligence that we already had." NYTimes quoting President Obama after his meeting with national security advisers about a terror plot to bring down a commercial jetliner on Christmas Day. (Jan 6th 2010) Going to the movies with friends fr...
11 January 2010 /payments /regulation Data Management 101
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Occasionally I get the impression that enterprises and their organizations are spending too much time on complaining (about regulation, about service charges etc) and not enough time on driving real change themselves. A part of this can of course be explained the ever growing demands on their time by all sorts of administration and growing competi...
09 January 2010 /payments Innovation in Financial Services
‘Regulation’… this one word seems to have carried a dark cloud over the banking industry for the last year. However, not all regulation in recent months has been focused on liquidity or reigning in banks’ independence. In the UAE, for example, the introduction of the ‘Wages Protection System’ has enabled banks to seek out opportunities to become m...
05 January 2010 /payments /retail
I have been writing blogs for about 3 years and it is helping me to get some messages and information out to partners, customers, students, researchers and others who share the networked economy passion. About a year ago I was invited by finextra to start blogging on their site. As I have a background in banking and especially e- and 3rd generatio...
05 January 2010 /payments Innovation in Financial Services
Nick Ogden Chairman at Ogden Research
At the start of a new decade there still seems to be confusion between these two terms with many people using them interchangeably - so here’s the distinction set out plainly: Voice recognition, also known as speech recognition, converts spoken words or phrases to text which is then processed by a computer to recognise what is being said. Unfortuna...
04 January 2010 /security /payments Innovation in Financial Services
Sriram Natarajan Risk Dog at Credit Risk Fraud Cards Professional
Further to my earlier post on Internet based payment applications, it looks like 2010 is going to be the year of alternate payments. We can see the high level of interest in the subject. Jack Dorsey - co founder of the omnipresent Twitter - has come up with a free Payment Dongle called Square. You can see his demonstration here - http://www.youtu...
26 December 2009 /payments
Too often I tend to forget that I cannot see around the corner. This means that I am spending too much time in trying to imagine the future. Instead I should take my vision and passion and go around the corner - as almost always before there is something unexpectedly simple and positive waiting. Take the example of e-invoicing. We did have the feel...
23 December 2009 /payments Innovation in Financial Services
So ... The other day I tried to use my Tesco Finest Platinum Turbo-Nutter credit card, and the transaction was declined. Happens to the best of us I know, but it is paid off every month, and I had received text notification from First Direct that the debit had been made. I called the Customer Services at Tesco and was told that they could see th...
22 December 2009 /payments
The Outsourcing Paradigm What is the reason that many organisations do not pursue any form of outsourcing as a means to drive cost reduction and efficiency improvement? Could it be that past experience directs their thinking to major outsourcing projects using one of the leading vendors? Whilst major outsourcing projects deliver substantial benefit...
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