Interchange Fees - It'll all end in Tiers!

If MasterCard’s analysis, published in their Insights paper 1Q2007, of the effects and outcomes of the RBA (Reserve Bank of Australia) intervention into Interchange Fees (ICFs) back in 2002 is to be t...

Disruption Rocks! There are loads of jobs in ... Warrington

So, the UK has woken up to, yet another, casualty on its high street. While the US is still sobbing into their glucose monitors at the loss of Twinkies, the UK is waving goodbye to suburban town centr...

Finance 2.0

Have a little sympathy for the Banks .... but not too much

The Payment Protection Insurance (PPI) mis-selling scandal that the UK banking industry is still paying for is forecast to be costing them somewhere in the region of £15bn. Is the value of premiums o...

Ministry of Mis-Information

Today whilst perusing the drivel that normally adorns my Facebook updates page I noticed that one of my "friends" was promoting/re-posting a photo of a spoof article regarding PIN Entry whil...

Dodd-Frank, MiFID II and regulatory mobile voice recording

I’m in Paris today at a customer event about the impact on IT of financial market regulations. We all spend so much time talking on mobile phones that we forget how much they have become part of the ...

Fiserv Acquires Open Solutions

In the news today, Fiserv has acquired Open Solutions to broaden their existing line of banking technology. Open Solutions is a Glastonbury, Conn.-based technology provider to banks, thrifts and cred...

Wall Street Systems Acquires IT2: Beware the ION Black Hole

The recent, somewhat unexpected announcement that Wall Street Systems (WSS) is acquiring IT2 Treasury Solutions from CapMan has all the connotations of déjà vu. In April 2011, Wall Street Systems was...

Treasury Management

Identity Management a key topic for 2013

The old joke among standards specialists is “The financial sector loves standards – that’s why it has so many of them!” However, the same seems to apply to identity management systems within financia...

Cashless and cardless, take 2

Following up on my recent blog entry regarding my attempt to go cashless and cardless for a week when in San Francisco late last year, it’s worth sharing observations of payment methods from a recent...

Payments strategies 2015-2020-2030

Nonsense Innovation.

I am continually baffled by these people with fancy titles like Chief Innovations Officer who announce the deployment of "gimmicks" and say they are wonderful new technology breakthroughs, a...

Selecting the Right eInvoicing Solution for Latin America

Over the last few months, there have been a number of announcements by vendors stating that they are now supporting the einvoicing process in Latin America - specifically Brazil Nota Fiscal and Mexico...

Electronic invoicing

Nothing is more certain than death and taxes

There used to be a joke at Wegelin - the oldest banking establishment in Switzerland - that the only two ways of leaving the bank as a relationship manager was retirement or death. I'm afraid taxes g...