01 October 2014

Matt White

Archive for: May, 2007
Matt WhiteFinextra - London

MasterCard and Visa feeling the squeeze?

25 May 2007  |  3081 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 - London

The future of ATMs

24 May 2007  |  4544 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 - London

Are the French lazy?

24 May 2007  |  4935 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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