5271 Results from /payments
Siddharth Udani Client Partner at Consulting
We have seen, heard and acted a lot in the Payments space over last few years either to comply with new regulations like SEPA or to consolidate Payments Systems to reduce costs. Covering the obvious to 'reduce costs' and comply with EU regulations, banks are still not targeting enough to increase revenues in payments processing. Definitely regul
23 May 2011 /payments /wholesale Banking Architecture
Retired Member
Some years ago I was in charge of Nordic payment project, where we suppose to build a common interface for Nordic online bank. For several years that project was stuck, because a lot of misunderstandings. When it was my time to lead a project, it took me some months until noticed what is wrong. In the project group there were four members from fou...
23 May 2011 /payments Payments strategies 2015-2020-2030
John Dring Digital Services and mCommerce at Intel Network Services
OK, I have not initiated a Finextra blog for a while. Time to at least put an alternate perspective on the raft of NFC spawned mobile payment announcements. NFC is being embedded in devices. POS terminals are being cycled to include NFC readers. The public are being groomed to go ‘contactless’. All well and good. But I have a problem calling ...
21 May 2011 /payments
James Campbell Director at Finch & Bamford
No, not yet, but this might be about to change. Jack Dorsey recently made a photo post of an internal Square dashboard to celebrate their achievement of a Daily GPV (Gross Payment Value) of $2 million. A significant milestone as they are at the forefront of mobile payment and merchant card acceptance innovations. This photo so intrigued me that I ...
20 May 2011 /payments Innovation in Financial Services
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
A month ago, when I read this news item on Finextra about ISIS ditching Discover and deciding to tie up with Visa and MasterCard, something didn't sound right. After all, creating another payment network seemed to be the raison d'être for the formation of this company. And, since it had the backing of Verizon Wireless, AT&T and other leading A...
20 May 2011 /payments
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
https://www.facebook.com/pages/Real-Time-Economy-Program/128016310610648?sk=wall
19 May 2011 /payments Innovation in Financial Services
We know that most financial institutions are burdened, to a greater or lesser degree, by siloed legacy payment systems. Part of the problem is that the limitations of this architecture of legacy infrastructure are not immediately obvious. Individual systems function, and function well for the most part. But although they serve their individual pur...
19 May 2011 /payments /wholesale
I was having dinner with an entrepreneur in the Indian payments space earlier today. The emerging business models and evolving consumer adoption trends in banking & financial services, soon overshadowed the culinary delights that had adorned the table! A silent revolution is unfolding on the ground, which otherwise appear frequently on busines
18 May 2011 /payments /retail Finance 2.0
Adam Nybäck System Developer at Anyro
During the Google I/O conference this week there was a presentation called How to NFC. People who were hoping to hear about payments were in for a big disappointment. While the demonstrations were very interesting and innovative not a single one had anything to do with payments. By the end of the talk they mentioned that card emulation is still no...
13 May 2011 /payments
John Clarke Head of Product Innovation at WorldNet TPS
Increase in online sales channels The number of online sales channels is increasing. A couple of years ago, being online meant having a web site, but the last two years have seen the development of at least two significant new channels – the mobile channel, and the social channel. Currently there are four accepted “pillars of online commerce” – t...
13 May 2011 /payments Innovation in Financial Services
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