224 Results from 2016, /payments
Jason Ward Senior Director Enterprise, UK & Ireland at EMC
Over the past few years, the movement towards mobile payments has been one of disruptive trends in the banking sector. New payments services are already accelerating the move away from cash. According to Deloitte’s 2015 Payments research, in the UK, the use of cash is decreasing while other payment forms are gaining popularity. Mobile payments can...
31 August 2016 /payments
Carlo R.W. De Meijer Owner and Economist at MIFSA
Recently, I wrote about the results of a poll held by the European Payments Council (EPC) amongst its members on blockchain and its impact on the payments industry. These showed that a great majority (90%) believe blockchain technology could change the industry by 2025. And a quarter of the respondents even think it "will have a more comprehe...
Paul Miserez Standards Department at SWIFT
At the occasion of the 2016 Standards Forum to be held from 26 to 29 September in Geneva, I interviewed a number of SWIFT standards experts about the content of this year's programme. As each of the four days will focus on a specific theme, my four blog posts will offer readers a sneak-preview of what people can expect to hear about. Day 1: Lan...
30 August 2016 /payments /regulation Standards Forum
Alex Kreger Founder & CEO at UXDA
We are constantly discuss that financial design should be clear, simple and helpful in solving user issues. Traditional banks agree, but they wonder why we have to constantly repeat what appears to be so obvious. Actually, this reaction puzzles me, because, in reality, I rarely see a user-centered design in modern banking services. I recently got...
29 August 2016 /payments /retail Innovation in Financial Services
While Blockchain is seen by many as a network phenomenon that needs large market participation, collaboration and interoperability to succeed, both R3CEV and a group of four large global banks came with announcements that are at least a bit remarkable. The bank-backed consortium had filed for a patent of Corda (which is contradictory to the need f...
26 August 2016 /payments
Retired Member
Much ink has been spilled about the 2008 Mortgage Crisis. In the U.S, $10 billion dollars worth of subprime mortgages dealt out by Mortgage Companies that were not prepared to assume the risks, inevitably found themselves into a race to the bottom when investor debt turned grotesque. How did this happen and what was the root cause? The answer, was...
22 August 2016 /payments
Balancing security for reducing fraud while producing a great shopper experience has been the eCommerce challenge from day one. Modernized protocols may help. A recent report from Juniper research states that global online fraud is on pace to top $25 billion by 2020. And new data from a report by SalesCycle reveals that the average shopping cart a...
Kirsty Berry Head of Product Marketing & Market Analytics at Compass Plus
It has been well documented that the transport industry has been the driving force behind contactless cards in the UK, with Transport for London being instrumental in both their adoption and acceptance on its tube and bus networks. However, as just one system in one city, it isn’t the only way that the transport industry has influenced consumer be...
17 August 2016 /payments
Stuart Lacey Founder at Trunomi
The EU’s General Data Protection Regulation (GDPR) represents a watershed moment for the payments industry. This is not simply another data compliance headache. GDPR enshrines a new idea: that consumers have ultimate control of their data. This concept will lead to a new model for the payments industry; one centred on the empowered customer and ba...
16 August 2016 /payments /regulation Financial Services Regulation
The EPC, the European Payments Council, has published the results of a poll held during this Summer amongst its members in the payments industry about blockchain and its impact by 2015. Being an important representative body of the industry these results should be taken seriously According to the EPC a great majority of the survey respondents, t
16 August 2016 /payments
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