989 Results from 2010
Tim Tyler Product Manager at Misys
I've been considering how banks can leverage social media sites recently, and was not that surprised when looking further that there is very little 'bank' presence in these areas. Having just read the article on LloydsTSB and the launch of their "create an avatar" contest, I thought I'd jump straight back over to their Facebook page to se...
06 December 2010 /retail Innovation in Financial Services
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
Legend has it that the credit card was invented in the 'fifties when one Mr. Frank McNamara had forgotten his wallet at home and had no cash to pay for a party he'd thrown for his important customers at a restaurant. Being a senator, he had enough clout to survive the incident but decided to do something so that neither he nor anyone else should
03 December 2010 /retail
Barry Kislingbury Lead Solutions Consultant at ACI Worldwide
The term ‘Payment Services Hub’ (PSH) has become the latest and greatest buzz word in the payments industry, and promises a new and innovative alternative to the traditional ‘payment engine’. This is because payment engine projects have the reputation of being for the larger bank, ridiculously expensive, difficult to implement and even harder to ...
03 December 2010 /payments /wholesale Payments strategies 2015-2020-2030
Retired Member
Speaking at the Next Generation Cards & Payments Conference held in Brussels late last week, Gertrude Tumpel-Gugerell, a member of the Executive Board of the European Central Bank, made several New Year's resolutions. One of them highlighted a section of the 7th SEPA progress report, published in October, which for the first time contains a ...
03 December 2010 /payments
Alex Noble Account Director at McAfee
An interesting story last month on Silicon.com, that the UK Department of Work & Pensions has abandoned its trials of voice biometrics as an anti-fraud tool.This is not a snap decision, as Silicon.com reports that the DWP has spent at least £2.4m on trials since May 2007. This is one of the largest payment organisation’s in the UK, so its dec...
02 December 2010 /security /retail
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
http://ec.europa.eu/enterprise/sectors/ict/files/com712_en.pdf most here: http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:52010DC0712:EN:NOT Loud and clear. It all starts with migration away from printing on paper or sending PDFs. Then it is easy to automate accounting, VATprocesses (and collect the missing part) etc. Enjoy the read
02 December 2010 /payments Innovation in Financial Services
If we want avoid a clear fall in living standards and financing capability of welfare services in EU - we need better productivity and just collection of lower taxes. The split payment VAT is an ideal model for both purposes. From EU document: "28. The benefits of the model are great, as the tax authority can be sure that it will receive
From EU Green Paper on VAT: "The current collection model brings with it a VAT Gap due to e.g. VAT fraud, insolvencies, mistakes by the taxable persons in the VAT return and VAT avoidance schemes. Desk research shows that the VAT Gap for 2009 can be cautiously estimated at 6,9% of GDP and 12% of total VAT liability in the EU-27. This means ...
In her widely-read report on Internet trends, current Morgan Stanley (soon to be Kleiner Perkins) analyst Mary Meeker poses an interesting question: Do humans want everything to be like a game? Given what's happening across the Web, it's hard to answer anything but yes. Life, as we well know, is largely a game, yet it's difficult to imagine cert...
02 December 2010 /payments
During one of my client meetings, we were discussing social media with someone responsible for channels technology. Now this bank works in an diverse set of countries and a varying degree of client profile. Now coming to the question of social media - What do the banks think of Social Media? Are you happy that you got a fan page of couple of thous...
02 December 2010 /retail
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