3645 Results from /retail
Nick Green Consultant at ISD Consultants
I find it really annoying that using a mobile phone as a token to make a purchase using NFC at point of sale is called "Mobile Payment". By the same yardstick using a contactless card is a mobile payment as it uses similar technology. I don't disagree that a mobile phone will be the "token of choice" for many, myself included, ...
31 October 2007 /payments /retail
Paul Penrose Head of Research at Finextra
Catch this hilarious video of Damian McMeekin, ANZ's global head of security having his identity stolen by ABC TV's Julian Morrow at the annual Combatting Identity Fraud summit in Australia earlier this month. As McMeekin is called to give his presentation a wigged-out Morrow beats him to the lectern and starts lecturing the audience on the peril...
25 October 2007 /security /retail Video extravaganza
McKinsey assessed the IT strategies of ten leading global corporations to understand how they invest in innovation while running their core IT operations efficiently. The consultancy found that they typically define their IT investments across three criteria - as low risk (“stay in the race” projects to improve basic services), medium risk (“win t...
25 October 2007 /retail /wholesale Trends in Financial Services
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
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?
That's the opinion of Ted Leonsis, chairman of RevolutionMoney, describing the new RevolutionCard, which was released in the US today. The PIN-protected card offers a line of credit, $15,000 top-up capacity, ID-theft protection and interest rates pegged to the card holder's credit rating. It also promises to significantly undercut the hated inter...
24 September 2007 /payments /retail Trends in Financial Services
Elton Cane Digital product delivery at News Corp Australia
US payments industry association NACHA has formed a 'green coalition' with a number of leading US banks to 'educate consumers' about the environmental benefits of electronic bills and statements over paper-based equivalents. I should have thought that connection would be rather obvious. Less paper = less dead trees = less CO2 in atmosphere etc. But...
20 September 2007 /retail Going green
I've been with an online-only bank for years - the lovely Smile as it happens - so I'm hardly likely to go back to conventional banking. I'm also not sure what counts as a mishap online alluded to in this study reported in Finextra recently. Or maybe I do - for some reason I've not been able to get into my Northern Rock account online to see how m...
20 September 2007 /retail
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