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Gareth Ellis

Gareth Ellis Account Manager at ACI Worldwide

Are you losing sleep over interchange fee changes?

If you’re a European merchant acquirer, then I should think you are. In case you've not been following the conversations around the new regulations, here’s what we know already: The EU Commission continues its attack on reducing interchange rates and changing the cards business model across Europe There are plans to introduce new card regulation...

/payments /retail

Gareth Ellis

Gareth Ellis Account Manager at ACI Worldwide

HCE: the decline of TSMs and the rise of NFC?

The news that VISA and MasterCard have decided to announce support of Host Card Emulation (HCE) appears to be one of those items you read sometimes where you suddenly realise that there has just been a quite dramatic shift in the industry. For a number of years, instead of discussing the usual Payment Ecosystem: Banks, Processors, Cards and Acqui...

/payments

Gareth Ellis

Gareth Ellis Account Manager at ACI Worldwide

Mobile payments begin at 40

With the mobile phone hitting 40 this week, it’s amazing to see how far it has come since the first model back in the 70s. With an estimated six billion mobile subscriptions worldwide, we’re seeing more and more handsets replacing many things we take for granted, including money. But for a decade and a half, mobile payments have struggled to make ...

/payments

Gareth Ellis

Gareth Ellis Account Manager at ACI Worldwide

Collaborate to innovate

Reflecting on the three days of the EFMA conference, it seems collaboration has emerged as a key factor in driving further innovation in payments. Let’s take the example of mobile payments which has been at the centre of a number of discussions at the show. It seems the two main players – the mobile network operators (MNOs) and the banks – have rea...

Gareth Ellis

Gareth Ellis Account Manager at ACI Worldwide

Payments infrastructures - ready for change

Yesterday’s key topic at the EFMA conference in Paris clearly reflected the need for adaptability and innovation in the payments industry post credit crunch. Market drivers such as the post-recession blues, compliance and SEPA have accelerated the pace of change and also highlighted the fundamental role that payments play as a reliable revenue gen...

Gareth Ellis

Gareth Ellis Account Manager at ACI Worldwide

Disagreements over SEPA Cards Framework on first EFMA day

Heated debates between the European Central Bank, the European Payments Council and Visa Europe about interchange fees, timeframes around the SEPA Cards Framework and the emergence of a third European card scheme marked the first day of this year’s EFMA conference in Paris. The ECB is being urged to set an end-date for migration to the SEPA Cards ...

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