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Matt White

Archive for: May, 2007

Matt White - Finextra - London | 25/05/2007 | 2808 views

MasterCard and Visa feeling the squeeze?

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... Tags: Cards, Payments

Matt White - Finextra - London | 24/05/2007 | 4253 views | 2 comments

The future of ATMs

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 all... Tags: Cards, Payments

Matt White - Finextra - London | 24/05/2007 | 4659 views | 2 comments

Are the French lazy?

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 in Cassis, France. Not for Tom the usual waffle about restructuring, he was quite clear about the reasoning behind the decision, despite uni... Tags: Cards, Retail banking

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