23 May 2017

neilburton

Neil BurtonVerifone - London

Remind me, why do we need faster payments?

14 July 2016  |  6734 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
Neil BurtonVerifone - London

Will block supersede stack?

25 September 2014  |  4500 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 device. And those devices are always on, and always interconnected. That is a radically different environment from the one that begat our current archit...

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

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

04 February 2014  |  2621 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  |  6101 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  |  5410 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  |  4852 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  |  8643 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  |  5769 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  |  4322 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
Neil Burton
Neil BurtonVerifone - London

South-south trade - the elephant herd in the room.

12 December 2012  |  4601 views  |  0 comments | recommendations Recommends 1

The Ancient Mayans predicted that the world will end on 21st December 2012. While some of us may laugh at those stocking up on the non-perishables or forgoing Christmas shopping, the Mayans – who cons...

TagsPaymentsTransaction bankingGroupPayments strategies 2015-2020-2030
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