01 November 2014

Matt White

Archive for: May, 2007
Matt WhiteFinextra - Toronto

MasterCard and Visa feeling the squeeze?

25 May 2007  |  3091 views  |  0  |  Recommends 0

The threat to the two giants of the card payments industry seems to be growing. Opposition to interchange fees and the emergence of alternatives could shake up the industry. According to The Economist, the average percentage of each transaction cost taken up by interchange in the US has risen from 1.52% in 2000 to 1.88% in 2006. And in America th...

TagsCardsPayments
Matt WhiteFinextra - Toronto

The future of ATMs

24 May 2007  |  4551 views  |  2  |  Recommends 0

A while back I blogged about the potential of biometric ATMs. I was taken by the news that they are being used to pay illiterate workers in India but my hopes for this technology to make the world a better place seem a tad optimistic. Diebold CEO Tom Swidarski is dismissive about the potential for biometric cash machines because he feels that al...

TagsCardsPayments
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Matt WhiteFinextra - Toronto

Are the French lazy?

24 May 2007  |  4943 views  |  2  |  Recommends 1

Talking to Diebold CEO Tom Swidarski at the company's Emea Expo this week I was a little taken aback by his blunt answer to my question about last years closure of the ATM vendor's manufacturing plant...

TagsCardsRetail banking
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