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Archive for: September, 2011

Jim Schlegel - ACI Worldwide - Omaha | 30/09/2011 | 3127 views

EMV: Let the planning begin

There’s no way around it – EMV transition planning will be complicated. However, while EMV is a complex specification, the good news is that it can grow over time. Thus the key is to implement an infrastructure that lets you start with a simple, single portfolio that can expand and mature with you. Looking forward, the goal is to do it ... Tags: Cards, Risk & regulation

Pat Carroll - ValidSoft - London | 30/09/2011 | 3190 views

Social media, the fraudster's friend?

There is a growing number of examples of fraudsters using social media to extract personal information from customers. A recent case hit the Bank of Melbourne, when fraudsters sent direct messages with a link aiming to harvest users' Twitter credentials (Finextra Sept 16 2011). One of the problems for the security industry is that on social media... Tags: Security, PaymentsGroup: Innovation in Financial Services

Eva Grzybek - PayPoint.net - London | 30/09/2011 | 3177 views | 1 comment

The future of the payments industry

To predict what the future of the payment industry holds right now is almost impossible. Not only are current options constantly developing, but new possibilities also keep emerging at a fast rate. Just as we are all getting used to paying for goods online the e-commerce market is growing steadily, suddenly platforms like social networks and mobil... Tags: Payments

Matthew Dragiff - SunGard AvantGard Payment Services - Jacksonville | 29/09/2011 | 3022 views | 3 comments

The Remittance Data Transport Conundrum for Banks

Small and large companies alike want more streamlined A/R processes. The driver behind a common standard for remittance information delivery is to enhance the value of and promote the growth of electronic payments in order to improve efficiencies and enable straight-through processing. Earlier this summer, I attended a remittance standards confer... Tags: Payments, SibosGroup: Payments strategies 2015-2020-2030

Ernesto Incani - Logica - London | 29/09/2011 | 2935 views

SEPA Direct Debit gives corporates cash management boost

The pan-European SEPA Direct Debit (or ‘SDD’) scheme has arrived – and is taking off, with the EPC noting in their latest newsletter that nearly 4,000 European banks have now signed up to SDD core. This new instrument will significantly impact the way in which corporates collect payments and manage their cash across Europe. But ma... Tags: Payments