5073 Results from /payments
Gary Wright Analyst at BISS Research
Historically banks have built business and operations in silos, and over decades, despite numerous mergers and purchases creating the proverbial one stop shop, the typical bank still maintains a vertical business and operation model. This was not the plan but it’s the one that has been allowed to exist. Nowadays, the problems of banking silos are ...
17 July 2012 /payments /regulation Post-Trade Forum
Sriram Natarajan Risk Dog at Credit Risk Fraud Cards Professional
The US Retailers won a major victory with the class action settlement of $ 7.2 Billion against Visa, MasterCard and seven other card issuers. While this victory may sound like a bonanza for retailers and perhaps get them salivating on the amount of cash they are like to see soon, it may be worth their introspecting on how the money can be put to go...
17 July 2012 /payments
Stephen Wilson Managing Director at Lockstep Consulting
The Australian Payments Clearing Association (APCA) releases card fraud statistics every six months for the preceding 12m period. For the first time in many years, Australian card fraud has grown in all categories. The ratio of Card Not Present fraud to all fraud remained steady at just under three quarters. An up-turn in skimming and counter
17 July 2012 /security /payments
Retired Member
Access to liquidity and working capital management are top of the agenda for corporates in these testing times. Even though interest rates are at an all time low, Corporates are finding it difficult to readily access capital to assist them in their day-to-day operations. There are many ways a corporate can improve their cash liquidity and optimise...
12 July 2012 /payments Electronic invoicing
Mobile is tapping into high street shopping, with a new app from Quidco which will pay users small amounts of money to go into certain retailers, and send them discount coupons. It uses GPS technology in smartphones to track the movements of users, and trigger rewards as soon as they set foot in shops including Apple, Debenhams and Homebase. The n...
12 July 2012 /payments Finance 2.0
According to the most recent figures in the annual World Payments Report*, there are about 260 billion non-cash payments made each year, with credit and debit card use up by 9.7% at the last count. The cards business is becoming a major driver of revenue and with mobile payments on the horizon, banks need to get on and make the most of this opport...
06 July 2012 /payments /wholesale
On my desk sits one of the first contactless credit cards. It dates back to 1926 when it worked in exactly the same way as its modern NFC successor - you present it to buy goods or services. If they had mobile phones back in 1926, with a piece of Scotch tape that card could have been turned into the equivalent of Barclays PayTag and used for &quo...
05 July 2012 /payments Innovation in Financial Services
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Most governments are trying hard to save tax payer’s money – and even more importantly trying to push the SME-sector into digital processes and financial administration. But still too many in EU seem too signal that 2020 is a deadline for unstructured invoicing. More here: http://eeiplatform.com/8528/an-overview-56-government-e-invoicing-initiative...
03 July 2012 /payments Innovation in Financial Services
Two days after the original article on "Amazon vs PayPal" was published and tweeted by several people, one of the Amazon Payments' top execs joined Finextra. Talk about coincidence... These days, PR teams keep an eye on online "exposure" of their companies/clients. United Airlines paid a hefty price for ignoring the power of so...
28 June 2012 /payments Innovation in Financial Services
8 reasons for paper and PDF-deadlines NOW: http://eeiplatform.com/8429/8-top-quoted-reasons-mandating-goverment-e-invoicing/?utm_source=E-invoicing+Platform&utm_campaign=5b97b520f0-E-invoicing+Platform+-+Newsletter+wk+26&utm_medium=email An additional major reason for resolute actions is that we need to free up a soo...
27 June 2012 /payments Innovation in Financial Services
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