206 Results from 2009, /payments
Paul Penrose Head of Research at Finextra
For a Swift geek like me, the publication of the co-operative’s annual report offers a rare opportunity to gauge the mood of the executive committee and the board ahead of the annual user conference. Often this requires some educated guesswork, reading between the lines and picking up on nuances in tone and emphasis in the opening messages from th...
23 July 2009 /payments /wholesale Finextra@Sibos
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Potentially useful repository in Business Week.The Real Time Economy Community site is still second to none - especially as we are in the next phase moving to automated real time accounting - starting from SMEs.
22 July 2009 /payments
The migration from the old habit of de-electronizing invoices by printing them on paper - and thereby loosing much of the valuable information - and causing a lot of cost for re-electronizing what is left of it - is gathering speed in many ways. Some examples: - invoice receivers both nationally and multinationally are setting deadlines for paper o...
Cedric Pariente Stanford Certified Project Manager at EFFI Consultants
Current authentication methods proposed by payment schemes are a joke for fraudsters. Not only are the credentials information static, but also very easy to get on the web. The fact that the code is static makes it replayable. Meaning once found, the fraudster can use it several times until he gets caught (if he gets caught). The fact that it’s a
22 July 2009 /payments Transaction Fraud Systems and Analysis
Retired Member
A recent foray into using a credit card to pay online proved quite enlightening. The only thing it 'lightened' was my daughter's wallet. While she is very familiar with my views about stealing music and not paying artists (heretofore the sole domain of record companies) she knows that I don't hold any stead in Apple being able to stop her playing ...
18 July 2009 /payments Whatever...
I read the recent research on why online shoppers abandon their shopping carts at checkout (payment). While a shopper's economic circumstances play a substantial part, the research supports the view I have that more sales will be completed if the buying/paying process is much simpler, faster and the process does not risk the customer's identity or...
14 July 2009 /payments Innovation in Financial Services
Stanley Epstein Associate at Citadel Advantage Group
I generally find the subject of banking, risk management, payments and so on to be pretty serious stuff. After all I have spent my entire career dealing with the various aspects of all of this. I must admit however that there is always room for a lighter side to everything. But so far I always seem to have missed these more amusing moments. So my...
12 July 2009 /payments /retail Innovation in Financial Services
You just accept deposits and make loans with high margins. If you are a start-up bank you just pay more for the deposits and then place the money in high-earning but still quite secure loans and interesting new papers some call hybrids. If you think this is risky you just place the money in a good number of papers - all will not go bankrupt - at l
12 July 2009 /payments /retail
Slap any number of digital signatures on an electronic invoice and still you cannot guarantee any integrity and authenticity. The legal harmonization debate in EU is unfortunately still wrongly focusing on this one document. The answer is in the holistic business process - when the (any form of) invoice has arrived and VAT auditors understandably f...
11 July 2009 /payments
Twitter is on a few people's minds at the moment, and although it has tremendous potential as a communication tool and is still in it's primitive stages- twitter has provided some unusual insights into human activity. Some analysis of twitter following habits seem to show: 'Although men and women follow a similar number of Twitter users, men have ...
08 July 2009 /payments /retail Whatever...
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