21 July 2017


Neil BurtonVerifone - London

What job do I want my payments technology to do for me today?

16 June 2017  |  675 views  |  0 comments | recommendations Recommends 0

In his new book, Competing against Luck, Clayton Christensen, Professor of Innovation at Harvard Business School, describes in detail the Theory of Jobs to be Done – a deep understanding of why someone, for example a consumer, or an innovator, makes a decision. “The vast majority of innovations fall far short of ambitions. Correlation is not enough...

TagsPaymentsInnovationGroupPayments strategies 2015-2020-2030
Neil BurtonVerifone - London

Remind me, why do we need faster payments?

14 July 2016  |  6893 views  |  1 comments | recommendations Recommends 0

At an industry event last week, two colleagues and I were discussing the oft-stated requirement that the POS (Point-of-Sale) must be as frictionless, simple and unobtrusive as possible. It is sometimes revealing to challenge the norm, remembering that smartphones are less than a decade old and have revolutionised just about everything. What might ...

TagsCardsInnovationGroupPayments strategies 2015-2020-2030
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Neil Burton
Neil BurtonVerifone - London

Will block supersede stack?

25 September 2014  |  4593 views  |  1 comments | recommendations Recommends 2

Don’t be fooled by Bitcoin. It’s an early incarnation, an experiment, of something much bigger. Maybe even a new era. As of very recently – less than a generation - 100% of world wealth has a smart de...

TagsBlockchainPaymentsGroupPayments strategies 2015-2020-2030
Neil Burton
Neil BurtonVerifone - London

The USA’s PSD, aka Dodd Frank 1073 pt 2

04 February 2014  |  2666 views  |  0 comments | recommendations Recommends 0

The US Bureau of Consumer Financial Protection (CFPB) has issued a Proposed Rule which would bring larger US-based nonbank participants of the international money transfer market within the CFPB's su...

TagsPaymentsRisk & regulationGroupPayments strategies 2015-2020-2030
Neil Burton
Neil BurtonVerifone - London

'Mobile payments' is meaningless

10 October 2013  |  6196 views  |  0 comments | recommendations Recommends 1

There has been much debate of late on Finextra and indeed everywhere about mobile wallets and mobile payments; with some very diverse opinions. Some argue that uptake of mobile wallets and payments is...

TagsMobile & onlinePaymentsGroupPayments strategies 2015-2020-2030
Neil Burton
Neil BurtonVerifone - London

'we need our payments and commerce to be like our elephants

15 September 2013  |  5459 views  |  0 comments | recommendations Recommends 0

....they know no borders' ran a tweet from SWIFT’s African Regional Conference in Gaborone earlier this year. ‘It is not unusual to have better flight connections between African countries by first g...

TagsPaymentsTransaction bankingGroupPayments strategies 2015-2020-2030
Neil Burton
Neil BurtonVerifone - London

Approaching Sibos 2013

11 September 2013  |  4901 views  |  0 comments | recommendations Recommends 1

As many of us prepare to board flights to Dubai for Sibos, I’m wondering what others are hoping to hear and learn this year. A few things in my mind: It’s SWIFT’s 40th birthday, hurrah! At the London ...

TagsPaymentsSibosGroupPayments strategies 2015-2020-2030
Neil Burton
Neil BurtonVerifone - London

PSD2 is published

26 July 2013  |  8721 views  |  0 comments | recommendations Recommends 0

The European Commission (EC)’ s long awaited proposal for a revised Payment Services Directive (PSD2) published on 24 July 2013, has been overshadowed by its proposal for the regulation of Multilate...

TagsPaymentsRisk & regulationGroupPayments strategies 2015-2020-2030
Neil Burton
Neil BurtonVerifone - London

Amended Dodd Frank Section 1073 effective October 2013

01 May 2013  |  5807 views  |  0 comments | recommendations Recommends 1

Following industry consultation, the US CFPB (Consumer Financial Protection Bureau) has issued the awaited amendments to Dodd Frank Section 1073. The new 2013 Final Rule is effective from October 28...

TagsPaymentsTransaction bankingGroupPayments strategies 2015-2020-2030
Neil Burton
Neil BurtonVerifone - London

UK gov imposes more competition on UK payments

26 March 2013  |  4361 views  |  0 comments | recommendations Recommends 0

On 20 March, the UK chancellor presented this year’s national budget. It announced a ‘Regulator for payment systems - The Government will bring the payment systems into a competition-focused regulato...

TagsPaymentsTransaction bankingGroupPayments strategies 2015-2020-2030
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