4910 Results from /payments
Elton Cane Digital product delivery at News Corp Australia
Today's news saw an announcement that's likely to become more commonplace over the next two years: the merger of two European payment infrastructures. The merger of Voca and Link doesn’t fit as neatly with the European Commission’s vision as last year’s merger of Dutch payments body Interpay and Germany's Transaktionsinstitut to create Equens. The ...
06 March 2007 /payments SEPA and European Payments
Retired Member
Thanks to the Finextra folks for this opportunity to participate in the Finextra community. I will try to be provocative, and informative with my posts here, and looking forward to seeing where this goes. In general I blog about Banks and their progress, or lack of progress, in addressing the needs of their customers online. As the Finextra com...
02 March 2007 /payments
What's interesting about the DoCoMo mobile payment technology referenced in this recent story, and what differentiates it from many other m-payment initiatives operating elsewhere in the world, is that the Osaifu Keitai (literal translation = wallet cell phone) system acts like a contacless smart card, using Son'y FeLiCa technology. (Other Japane...
28 February 2007 /payments /retail Trends in Financial Services
I have read several articles in the financial press recently that so obviously regurgitate old press clippings. This laziness on the part of journalists leads to some regular and common inaccuracies, but none more so than the myth that abounds that SWIFT was ‘co-founded’ by Bessel Kok and a couple of friends! Why am I bothered you could ask, well...
28 February 2007 /payments /wholesale SWIFT Matters
John Cant Managing Director at MPI Europe Ltd
It seems appropriate to start blogging about UK Faster Payments (UKFP), the scheme to provide cheaper and easier "near real-time" via internet and phone banking, by a reference to the most recent APACS announcement. At face value it is reporting good news - the scheme is on track. However, there is the strong hint in the text that even t...
22 February 2007 /payments /retail UK Faster Payments
Paul Penrose Head of Research at Finextra
Dave Birch at Consult Hyperion has come up with a splendid wheeze for the tenth annual Digital Money Forum. The goal of the not-for-profit Forum is to encourage discussion and debate around electronic money in all its forms. This year, Dave has got together with toymakers Hasbro UK to run a charity Monopoly tournament at the end of the first day...
16 February 2007 /payments /retail
Further to my recent musings on Microsoft Points (The Virtual Bank of Microsoft), Dow Jones reports on CNN that Microsoft boss Bill Gates has been looking into the possibility of developing an online payment system that will be cheaper than credit card transactions, making it possible for companies to charge small fees for Web-based content and se...
29 January 2007 /payments /retail Trends in Financial Services
Online universe Second Life has been lauded by the serious business press as a glittering land of opportunity, a rapidly-expanding economy where fortunes can be made by game-players buying and selling land and turning tricks in return for convertible Linden dollars. But when venture consultant Randolph Harrison and a hedge fund manager friend sunk...
26 January 2007 /payments /retail
Is Microsoft trying to create its own online currency? It’s an issue worthy of consideration, following the Zune music player release late last year. Consumers wanting to buy and download songs from the Zune music store are finding that their greenbacks are not accepted at Microsoft’s virtual checkout. Instead you have to convert your hard cash to...
25 January 2007 /payments /retail
So farewell then David Lascelles, the former banking editor of the Financial Times who co-founded respected City think tank The Centre for the Study of Financial Innovation with Andrew Hilton in 1993. After 14 years at the helm of CSFI, Lascelles is taking up a backroom position as a senior fellow. Over the years the CSFI has forged a reputation a...
23 January 2007 /payments /retail
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