5118 Results from /payments
Retired Member
In my previous blog I suggested that we need to understand what was behind the Cloud promise. It can’t simply be that whatever the question, the answer is the Cloud. It is imperative that we consider carefully what is needed to disperse some of the fog that is descending across our industry and revisit, categorise and refine the definition of cl...
22 August 2014 /payments
Ritesh Agarwal Senior Management at On My Own
Question to all bank CEO: Why Ýour' Bank is not encashing on their strengths and why wallets are taking birth like dime-a-dozen. Wallets would survive only in that country where cost of banking transaction is very high and the user needs cheaper alternative. Example: Any african country. All concepts like unbanked, financial inclusiveness are gimmi...
22 August 2014 /payments Payments strategies 2015-2020-2030
“3D Secure is about as helpful as a chocolate fire guard.” Merchant view of 3D Secure, as succinctly expressed on Twitter. For a number of years, the payments industry has associated 3D Secure with a terrible shopper experience and a corresponding negative impact on conversion rates and revenue. Understandably, this has led to a general reluctance...
21 August 2014 /security /payments
I was surprised to read the other day that despite all the hype, still only about 1 percent of commerce transactions happen in mobile devices according to eMarketer. Even total e-commerce, around from the early days of the Internet, still represents barely 6 percent of total retail commerce. These numbers are consistent with the numbers published ...
20 August 2014 /payments
Since Google announced support for host card emulation (HCE) in Android KitKat 4.4 last year, the industry has been divided. Many recognize the value and opportunity that this brings to banks and other service providers for the deployment of mobile services such as payments, transit and loyalty. Others have raised security concerns that they maint...
20 August 2014 /security /payments
Pat Carroll Founder/Executive Chairman at ValidSoft
Payment Services Directive 2.0, Why “PSD2” is A Much-Needed Step Towards Uniformity and Accountability in the European Payments Industry Rules and regulations serve many purposes, from ensuring that business activities are conducted consistently and fairly, to ensuring that providers and their customers are protected from harm, intentional or oth
18 August 2014 /payments /regulation Innovation in Financial Services
Organisations competing in the world of finance are working within a tsunami of regulatory boundaries, which are in place to ensure the right outcomes are generated for individuals, but also present a challenge to the status quo. These regulations are no longer just for boardroom discussion. They are top of mind for people and the media alike. M...
18 August 2014 /payments /regulation
A new report by analyst firm Ovum[i] reveals that nearly three years after financial institutions were ordered to start recording and storing mobile calls, only around a third of those affected have managed to comply. Larger banks and those with operations in a number of jurisdictions appear to be struggling the most. The new rules were introduce...
15 August 2014 /payments /regulation
The world can’t get enough of mobile applications. Last year alone there were 102 billion application downloads according to the analyst firm Gartner. And Google research says 84% of shoppers are now using their mobile phone while they shop in the physical world. Banks would be smart to leverage this revolution. And they would be even smarter to ...
14 August 2014 /payments
Max Excell Senior Global Business Development Manager at GBGroup
Virtual currencies are definitely trending. You know that’s true when even the politicians are jumping on the bandwagon. It won’t be long until Ed and Dave are asking if they can pay for their Cornish pasties with Bitcoins. Maybe we’re not quite there yet, but the fact that in the run-up to a general election, the Treasury is looking at measures to...
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.