4813 Results from /payments
Alan Goodrich Regional Sales Manager at ERI
Earlier this week I had the pleasure of attending a talk by Ann Cairns, at the Financial Services Club, giving her personal perspective on "Managing technology change in the financial services industry". For those who don't know, Ann is CEO of Transaction Banking at ABN Amro, having joined ABN Amro in 2002, after 15 years at Citigroup wor...
25 October 2007 /payments Financial Supply Chain
Hans Hagen Founder at Alphastrike
Not too long ago, ATMs were predicted to suffer the same fate as dinosaurs. With the invention of payment cards of all sorts, increasing usage of cards as a cash substitute, and the introduction of cash back at point of sale, ATMs were predicted to suffer a slow death. Those predictions, however, failed to consider two key aspects of ATMs. First ...
18 October 2007 /payments Trends in Financial Services
Paul Penrose Head of Research at Finextra
Young people are almost as dependent on their mobile phones as they are on cash, according to new research commissioned by UK ATM network Link. The poll, conducted by YouGov among 2000 adults found that 18-24 year olds ranked cash and mobile access as 'basic necessities'. The survey results also showed that young adults would be more willing to go ...
17 October 2007 /payments /retail Trends in Financial Services
No industry observer is surprised by the reported rise in fraud committed abroad on UK cards. The perverse effect of harder-to-crack chip card technology is that fraud increases where chip cannot be used, by using cards with information obtained by skimming or other ways obtaining the information located on the mag-stripe on the back of the very ...
16 October 2007 /payments Trends in Financial Services
Retired Member
I have a friend who has spend most of his life getting the latest technology. He is always rushing around downloading the latest drivers, getting the newest hardware and always raving about the latest standard and device that will make his life better. The problem is that technology has become his life! The time he saves and the convenience he h...
15 October 2007 /payments /retail SEPA and European Payments
It seems that September was the month for contact-less payments. Barclaycard launched the three-way OnePulse, touted as a panacea for Londoners as it combines a credit card with a contact-less payment store and the essential Oyster card for access to the Underground, buses and a growing number of commuter train services. The contact-less element of...
10 October 2007 /payments /retail
The UK Government has announced the appointment of Tim Jones as chief executive of the Personal Accounts Delivery Authority Jones, a former chief executive of retail banking at NatWest and the man behind the Mondex e-cash scheme, will be charged with setting up a trust-based occupational scheme by 2012. The last we heard, Jones had just taken up t...
09 October 2007 /payments /retail Where are they now?
From a corporate point of view isn’t SEPA all about being sensible? As usual I find myself jet lagged and awake at 2am following another SIBOS and I look back at all the topics I have been involved with over the years and it suddenly struck me. For the most part SEPA is simply about better housekeeping. Now that I am fully awake I am convinced tha...
08 October 2007 /payments /sibos
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
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.