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Richard Davies

Richard Davies - Logica - Singapore | 16/08/2012 | 2501 views | 2 comments

Get set for real-time payments down under

The Reserve Bank of Australia (RBA) has been encouraging Australian banks to innovate for some time now. In a consultation paper released earlier this year, the Central Bank highlighted calls for the centralisation of the Australian payments architecture in order to implement a real-time payments system. This is a pertinent reminder that the implem... Tags: Payments, Retail banking

Richard Davies - Logica - Singapore | 12/07/2011 | 3255 views

APAC: rapid developments in developing countries

As I discussed in a recent blog, new payments technologies and platforms are fast taking off in Asia Pacific. Previously, I looked at how developed countries such as Australia and New Zealand are at the forefront of mobile platform development – but it’s not just the advanced economies that are driving mobile uptake in the region. Due ...

Richard Davies - Logica - Singapore | 24/06/2011 | 3735 views | 2 comments

APAC: the cutting edge of high-speed payments

We’ve all seen the global rise of instant communication methods such as email, twitter and text messages. This push for instant-access services has resulted in consumers and corporates wanting to communicate with their bank in an equally rapid manner. While Asia Pacific as a whole is often viewed as a little less advanced that the West. In so...

Richard Davies - Logica - Singapore | 23/03/2011 | 2688 views | 1 comment

Payments the biological time bomb

There is much debate about the drivers for change in the payments systems arena. New technologies spawning new payments channels, global payments continuing to grow, the move away from paper, market or political initiatives such as SEPA and of course the current high profile topic of increasing regulation. Each of these issues or a combinati...

Richard Davies - Logica - Singapore | 02/12/2010 | 7777 views | 3 comments

What is a payment services hub?

Although it’s become a familiar term, the marketplace remains confused about precisely what a payments services hub is. Analysts like Zilvinas Bareisis at Celent are trying to shed some light on definitions and types of offerings in the market. But there still seems to be scope for interpretation and lots of latitude. As I see it, a payme...