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Location

Amsterdam

Member since

2013

Ray Caradine

Payments Consultant at ACI

Message Posts: 0 Comments: 4

Career History Payments

Ray is Commenting on

Google bought Mastercard data to link ads with in-store purchases

Is this supposed to be surprising ? The link between online and physical purchases and the ability to link and support increased sales is something analytics companies have been telling Merchants to do for the last few years either with their own data or from their acquirers as value added servicing. I guess the "secretive" nature is supposed to be the surprising aspect, but is anyone really that surprised ?

31 Aug 2018 Reply Read article

European banks shuttered over 9000 branches last year

it would be interesting to also find out how many Branches have transformed to not support over the counter cash services, i.e. making them mainly information and sales outlets than the teller cash servicing. I continue to read the number of ATMs is declining, but I wonder what the trend is in terms of absolute number of Self-Servicing devices.

13 Sep 2017 Reply Read article

Link rethinks business model as banks balk at ATM running costs

I think this "Banks being required to offer cash via Branches and ATMs" regulation is likely to come under increasing pressure in the next few years. Living in the Netherlands, I have seen personally the reduction in the need for cash as the roll-out of contactless terminals at Merchants has made it increasing easy to pay even small amounts via Card. I can easily see ATM services being pooled again between Banks in order to reduce operating costs. I suspect the Banks will not want to move to complete 3rd party ATM servicing, but will share IT solutions and keep their own Bank profile on the device. I think the idea of a few years ago of the ATM being the great advestisting / cross-selling touchpoint from Banks to Clients is well dead.

27 Jan 2017 Reply Read article

BNP Paribas to pilot cards with dynamic CVV codes

whilst I see the security benefits isnt this re-introducing a new level of friction ( read annoying inconvenience ) to the consumers shopping experience ? I thought we were wll trying to make things easier for consumer to spend their money on merchant purchases not harder ?

17 Nov 2016 Reply Read article