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Brett King - Bank 3.0

Archive for: June, 2011

Brett King - Movenbank - New York | 29/06/2011 | 2817 views

Mobile Payments can be much more than P2P and NFC...

Today I’ve been in Beetsterzwaag, Opsterland, Netherlands, about 150 kilometers from Amsterdam at an offsite strategic retreat with the ICS (International Card Services) team. Initially part of Bank of America’s presence in the Netherlands, ICS today is an independent subsidiary of ABN Amro NV, but works in the provision of a range of c... Tags: Mobile & online, PaymentsGroup: Innovation in Financial Services

Brett King - Movenbank - New York | 10/06/2011 | 5297 views | 10 comments

Visa gets its wallet sorted, or does it?

The announcement today of Visa’s acquisition of Fundamo signals the drawing of the battle lines in the face off between Mastercard and Visa in the mobile payments stakes. While I understand that a wallet is much more than just an NFC enabler, the announcement of Google’s NFC trial around their ‘wallet’ last month put some pr... Tags: Cards, PaymentsGroup: Finance 2.0

Brett King - Movenbank - New York | 06/06/2011 | 8565 views | 1 comment

Google Wallet is not about Payments

Last week Google announced their long awaited NFC-trial for mobile payments. On the face of it, many perceive that Google’s play is an attempt to cannibalize the lucrative payments market, but if that was the case, why has Google not taken a share of interchange fees from Citi and Mastercard? In addition, Google is supplying contactless point... Tags: Mobile & online, PaymentsGroup: Innovation in Financial Services

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