Archive for: November, 2007
Alan Goodrich - Goodrich analytiX Ltd - Nairobi | 21/11/2007 | 4849 views
Depending on your local bank/public holidays, there are just 45 business days to "SEPA Day"..!I can't help wondering just how "SEPA-ready" banks and corporates really are with effectively just 9 weeks to "LIVE" date to go..?SEPA may not be as big a deal as the Euro and Y2K in terms of the consequences of not being ...
Tags: Payments, Sibos
Aneace Haddad - Taggo Pte Ltd - Singapore | 16/11/2007 | 2379 views
Return fraud is in the news again. $3.7 billion this holiday season, according to a recent report. I talk about it because I believe that payment networks are ideally positioned to help retailers address this huge problem. Why should the networks do this? To help justify their interchange fees, of course.See the full blog post here:http://aneace.bl...
Tags: Cards, Payments
Aneace Haddad - Taggo Pte Ltd - Singapore | 13/11/2007 | 1597 views
According to a report by research firm Aberdeen Group, most merchants that have adopted contactless don’t promote those programs to their customers, leading to lower than expected usage and uptake of tap-and-go transactions. Why don't merchants promote contactless if they get so much benefit from it?The report provides useful insight into...
Tags: Cards, Payments
Alan Goodrich - Goodrich analytiX Ltd - Nairobi | 12/11/2007 | 3864 views | 1 comment
What is it that keeps the excruciatingly happy brother and sister act of Sean and Sarah, Same Difference, out of the bottom two each week? My theory is very simple – they have understood what their customers (public voters) want...Will they win the whole competition? Probably not – but in many ways they have already won and have beaten ...
Tags: Payments, Post-trade & ops
Aneace Haddad - Taggo Pte Ltd - Singapore | 07/11/2007 | 1418 views
Merchants hate paying 2% for credit card interchange, yet reports show that they are willing to pay 7-9% to companies like Google that envelop the payment transaction within the shopping context and actually deliver sales. A recent study by Deloitte looks at online purchases only, but I am excited about how the same ideas can be applied to real-wor...
Tags: Cards, Payments
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