3646 Results from /retail
Retired Member
More about 'Mobilisation and The Art of War in Transaction Space'. Whether online or in a branch - people DON'T WANT TO 'BANK' - it's just a necessary evil. The main reason that banks don't feature in the brand love game is because people don't like to bank. People like easy money. Easy to keep safe, ie. 'The burglar can find it under my mattress...
06 April 2008 /payments /retail Innovation in Financial Services
I look around and see a lot of money in the payments business, both to be made and being invested. It's obvious we aren't seeing the killer application out there yet but the market is heating up. I see KKR's move into payments through First Data and Western Union as having some potentially big upside. It may be the hedge against any potential loss...
03 April 2008 /payments /retail Futuristic Banking
Elton Cane Digital product delivery at News Corp Australia
Fair Isaac is the technology company most damaged by the subprime crisis. In fact some banks, such as HSBC Finance, have said its ubiquitous FICO credit scoring system contributed to the problem by being "ineffective" in predicting behaviour during a period of aggressive lending and low interest rates. I don't know the FICO system well
02 April 2008 /regulation /retail Finextra50 fintech index
Paul Penrose Head of Research at Finextra
Dog racing on ice? (The Daily Mirror). Nicolas Sarkozy to be stretched? (the Sun - natch). UBS share price soars on news of massive write-downs? (All financial press - the madness of markets). On April Fool’s day it can sometimes be difficult to distinguish fact from fiction. Nor can you trust newspaper advertising - witness BMW's campaign today pr...
01 April 2008 /retail /wholesale Whatever...
Legally speaking, we can't expect the PCI to keep up with the criminals. Therefore the legal system (Federal Trade Commission) is wrong to punish merchants like Hannaford and TJX for credit card break-ins. --Ben
31 March 2008 /security /retail
From the public filings of the US Federal Communications Commission - a mobile phone manufactured by Mobicom but branded by Citibank. The phone has no numeric keypad but instead uses basic navigation buttons to interact with onscreen menus. Features include an MP3 player, speakerphone, PIN entry and NFC technology for making credit card payments....
31 March 2008 /payments /retail Futuristic Banking
Sriram Natarajan Risk Dog at Credit Risk Fraud Cards Professional
The below mentioned piece of wisdom arrived in my inbox yesterday. Appears to be one of the many profound pieces of wisdom on the subprime mess. It makes good reading; although can't decipher how to give credit to the originator of this masterpiece. ----------------------------------------------------------------------------- HOW THE CDO MARKET WO...
31 March 2008 /regulation /retail
In the search for ways to lower your institution's carbon footprint - mobile phone transactions and mobile ID verifications are a winner. Your customers already have a mobile and they are being purchased and swtched on whether or not you let your customers use them for ID verification and transactions. Some of the energy and resource savings delive...
31 March 2008 /retail Going green
The Binghamton NY Water Department could have stymied the individual's attempt to short-circuit the payment of his bill (and get some publicity along the way) if they were hooked up to their bank via a remote capture connection. In the US, remote capture of this kind could take advantage of Check-21, whereby a paper check (in this case, a check o...
28 March 2008 /payments /retail
Sandwich chain EAT has become the first UK retailer to go live with an integrated contactless point of sale terminal. The upgraded Chip and PIN terminal has been installed at EAT’s Moorgate branch and enables the retailer to select the method of payment that customers want to use – either cash, Chip and PIN or contactless. Over the coming weeks, ...
26 March 2008 /retail Trends in Financial Services
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.