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As financial institutions review their payments infrastructure, it is likely that many will decide that they need to start to consider how they evolve current systems in the future, if they haven't st...
Online banking is not ready as long as users: - users have to type in loads of reference numbers, dates, amounts etc when paying bills - do not get mobile notifications when needed for too low or too ...
The US OFR has asked the financial industry to come up with a standard Legal Entity Identifier that doesn’t include any “information”. That means that the identifier won’t give away any information a...
Square POS and Cardcase, ClearXchange (BofA, Chase and Wells), Visa NFC trials, Google NFC trials - wow! Mobile Payments just arrived big time this week in the US particularly. So what does it all mea...
A bank’s business development manager may not like this at all. I see a need for this. In the last one year I realized quite a few banks knocked on my door to open and maintain my bank account. In ad...
What has the world come to when an employer seeks to force employees to ‘shop' their friends' and family's negative feedback? Draconian and Victorian management just cannot work in such an open and t...
Since the financial crisis, supervisors across the world have been trying to work out ways of dealing with banks deemed to be ‘too big to fail'. The most obvious solution (and the most simplistic) is ...
It seems that the technology for supporting mobile payments will soon become widely available. Most of the major smartphone operating systems have announced support for NFC. Many big names such as Nok...
A week ago we rolled out the ability for Community members to Thumb Up comments that other users have added to news articles. We received some feedback from John Dring asking if we could add the abil...
copyright Miloslav HOSCHEK PhD independent consultant mhoschek/ad/gmail.com
My name is Guy. Mr Same Guy. I show up in as a so called private customer off hours, then during working hours as a corporate customer, as a citizen in public sector services and often also as a membe...
Clearing Houses have been a fundamental industry component for decades. Indeed the advent of computers and databases enabled the finance industry to consolidate its risks and costs bringing economies ...