307 Results
Paul Penrose Head of Research at Finextra
We’ve seen plenty of posts on this community that play with the idea of virtual currencies, the eradication of paper-based cheques and the ultimate demise of hard cash. The emergence of a truly digital economy has been a favourite topic of commentators and futurists since the first stirrings of business interest in the Internet in the mid-1990s. ...
02 January 2008 /payments /retail Trends in Financial Services
The Finextra Community site was launched with little fanfare to a small coterie of beta users back in February this year. In opening the community we were hoping to create a forum for interaction with our global user base, and create a logical series of private and public spaces on the Web where fintech professionals could congregate, make connect...
21 December 2007 /retail /wholesale
Aaron Patzer, founder of money management software start-up Mint, extols the virtue of his patent-pending technology engine in a video posted via prnewswire. The system aggregates all your spending across all your bank accounts and classifies transactions so that you can see at a glance what you're spending your money on and where you can trim any...
21 December 2007 /payments /retail Video extravaganza
As principal researcher for Nokia, Jan Chipchase travels around the world looking at how people live their lives and interact with new technology. In this video presentation he turns the spotlight on street-level innovation in mobile communications and commerce, and questions the implications for payments, identity and banking in the future. It's...
20 December 2007 /payments /retail Video extravaganza
Rumblings of discontent among Barclay’s customers over the bank’s new PINSentry chip and PIN authentication device for online banking. The device, provided by Dutch vendor Gemalto is used together with the customer's normal debit card and PIN, to authenticate the cardholder’s identity at log in and for making certain payments. PINSentry may have...
19 December 2007 /security
After a stuttering start, it looks like Turquoise is getting its house in order in preparation for a busy New Year. The bank-backed rival to the London Stock Exchange has been variously dubbed Project Tortoise and Project Red Face by City wags for its signal failure to deliver a coherent business plan as the MiFID deadline loomed and its subsequen...
18 December 2007 /wholesale Finexpo
While doing a bit of research into high performance computing for our capital markets conference Finexpo, I stumbled across this article in Business Week on the Betfair gambling exchange. It seems that London-based Betfair has developed a new trading engine dubbed Flywheel, which is capable of handling 100,000 transactions per second and five mill...
04 December 2007 /wholesale Finexpo
My moles tell me that STP stalwart Tony Kirby is getting his fingers green courtesy of a stint of gardening leave from Accenture. Tony's been around the block a few times, taking on roles at Swift, GSTPA, Bolero, Reuters, Deutsche Bourse, and SmartStream, before pitching up at Accenture as UK regional sales director and associate partner of data m...
28 November 2007 /wholesale Where are they now?
Royal Bank of Scotland is to conduct internal staff trials of mobile payment technology using MasterCard's PayPass contactless system. News of the pilot comes the day after the card scheme announced plans for a public trail of the technology in downtown Oslo with DnB Nor and Telenor. Field trials have also been scheduled for Japan. The latest in...
23 November 2007 /payments /retail Trends in Financial Services
That was the phrase used by the shadow chancellor of the exchequer George Osborne on national radio news this morning in reference to the UK government’s plans to introduce a biometric-based national identity scheme. It follows revelations that the computer discs containing the confidential information - including bank account details - of all 25 ...
21 November 2007 /security /retail
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