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Archive for: August, 2012

James Richards - 80-30 - London | 17/08/2012 | 3472 views | 3 comments

Square up with mobile

Famous for its mobile payments solution, Jack Dorsey’s Square is already exceptionally popular with merchants in the US. For several years the innovative payments dongle has allowed small businesses (or even one man bands) to accept card payments through their mobile phone securely and with ease. However, the company’s latest offering,... Tags: Mobile & online, Payments

Martin Bailey - Temenos - Hemel Hempstead | 15/08/2012 | 2941 views

Is your cloud SLA worth the paper it's written on?

When we recently bought a property, we had to engage the services of a solicitor in order to do the conveyancing. Part of the process involved a number of searches. A line of highly paid professionals formed at vast expense to give us their considered opinion on everything from the structural integrity of the property through to whether it was abou... Tags: Online banking, Risk & regulation

Elizabeth Lumley - Finextra - London | 15/08/2012 | 2434 views | 2 comments

Mo Money, Mo Problems

Does anyone remember the scene from season five of The Wire, when Proposition Joe starts laundering the money from the New Day Co-op drug cartel in an off-shore bank in Antilles? (If not, get the box set – we’ll talk in a few weeks). Well, new cartel member, Marlo Standfield keeps asking Prop Joe where his money is; so Joe shows him a ... Tags: Payments, Retail banking

James Richards - 80-30 - London | 14/08/2012 | 4996 views | 23 comments

London Olympics shows the cashless society has arrived

The Olympics has been touted as the biggest test ground ever seen for the mobile payments industry. Millions of tickets went on sale and sports venues around the country were kitted out with state of the art mobile payment devices, ready to feed and water the crowds en masse. Given the sheer numbers of people who attended it goes without saying th... Tags: Mobile & online, Payments

Michael Nuciforo - Keatan - London | 05/08/2012 | 2765 views | 1 comment

Minority Report

Late last week, Lloyds Banking group announced its mid-year results. Lloyds, the UK's biggest bank, posted a half-year loss of £439 million. The results were not surprising. The tide of economic turmoil from mainland Europe hasn’t receded and the group is still facing the full wrath of PPI claims. On the same day, a few hours later... Tags: Mobile & online, Retail banking