5178 Results from /payments
Retired Member
Sibos once again fast approaches, the programme is largely set and delegates can begin to plan their week in Toronto in some detail. As the recent financial crisis is no longer centre stage, the overall themes for Sibos recognise that the focus is shifting to the future and that the industry is grappling with new questions, especially around the i...
03 August 2011 /payments /sibos Finextra@Sibos
There seems to be a general feeling of satisfaction in the market with the current levels of e-invoicing growth in Europe. Growth rates of 40% are often mentioned, and at first sight, that seems promising. However, the current market for e-invoicing has a key characteristic that inhibits sustainable growth: E-invoicing is a buyer driven market. Lar...
02 August 2011 /payments /retail Finance 2.0
Abdul runs a ‘kirana’ (a small grocery) store in Dharavi, the world’s largest slum in Mumbai. The area is also the hub of several financial inclusion, remittance and micro-lending initiatives. Abdul is now exposed to both mobile and card based banking and payment systems, as he sees new age ‘bank’ staff affiliated to Business Correspondents traver...
So now you are able to use your very own webcam as a credit card reader. I'm not sure that holding your card in front of your webcam is going to be that much easier than typing in around 20 characters: the number of people who have enough problems getting themselves "in shot" properly would lead me to think that this isn't going to be al...
02 August 2011 /payments Innovation in Financial Services
I am a big fan of Amazon. I think it is a brilliant example of making consumers’ lives easier and adding value, especially with their system of recommendations. I’m sure as a business tool it works really well for Amazon – increasing the average ‘basket’ value. But there’s a problem. My wife also shops from my account sometimes, or we buy things f...
01 August 2011 /payments
Vilmos Levente Kovacs Managing Director at Simplexion Informatikai Kft.
Having no reason for the bank of Sziget to establish a branch office to the festival, because the organizers let only to pay with those contactless payment card which given next to the entrance band. This also means that cash nowhere will be accepted in the territory of the festival. As I know the implemented system graduated well in Volt festival...
30 July 2011 /payments /retail
By the SEPA Direct Debit (SDD) scheme, which is currently under implementation is Single Euro Payment Area (SEPA) client authorize the service provider to collect. Under this mandate the service provider authorize its bank to collect the cost of service usage. SDD also allows up to single point of collection. The aim by the regulator to implement ...
29 July 2011 /payments Payments strategies 2015-2020-2030
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
Just when you thought payments couldn't stir up a bit of intrigue, the payments space gives us a juicy bit of M&A love triangle drama worthy of the cheesiest, Susan Lucci-top billing, daytime soap opera (those in the US know what I'm talking about). The talk of this year's EBADay was "Who's going buy Fundtech?" A week or so later, we ...
27 July 2011 /payments EBAday
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Deadlines for paper or otherwise unstructured invoices (e-mail) to the public sector have been issued in many countries - and more are on their way. The reasons for this are obvious: 1. save tax payers money 2. move increasingly scarce human resources from administration to services and other productive tasks 3. kick-start e-invoicing in the econom...
26 July 2011 /payments Innovation in Financial Services
As we have seen, contactless payments are beginning to move into the mainstream. As my colleague Mark Carpenter has previously noted in a blog, support for contactless transactions is moving out from the metropolis, even to the rarefied environs of his country retreat. According to Visa Europe, in 2010 it alone issued 10 million contactless card...
25 July 2011 /payments Information Security
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