5082 Results from /payments
David Divitt Senior Fraud Product Manager at VocaLink
The recent announcement of the multi-channelled Zeus attack on a user's internet banking account is an interesting hypothesis and surely will not be the last when it comes to beating the ever advancing online banking systems. The attack method currently seems to use the mobile phone as a forwarding device for any one time password that is delivere...
27 September 2010 /security /payments
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
I went to a book publishing party yesterday. Wonderful book about interior design and life by extraordinary personality. Lots of cultural types around and good food. And as I am kind of known as Mr. e-Invoicing the accountant present came up to me with his story – which went like this: He: “ The migration to e-invoicing has not been easy. Lots of ...
25 September 2010 /payments Innovation in Financial Services
Retired Member
Previously on “Why don’t you become” (here): people put their money in wallets (be those banks, or just stashes). Networks then pierce a hole in these wallets and create a widespread network that allows money to be transferred easily (cash in the stash case but we also have credit, electronic checks, credit cards and mobile phones. I don’t mean c
22 September 2010 /payments Innovation in Financial Services
For a number of years now, we have seen a reduction in the use of cheque and as such, the Payments Council decided on the closure for cheque clearing by 2018. In our experience, large UK corporates are already beginning to plan for alternative solutions. In particular, we have seen that those UK corporates that traditionally have a high cheque usa...
21 September 2010 /payments
Living in the Chicago area, I've spent my fair share of time in traffic congestion trying to get to the airport. (Anyone familiar with Chicago ORD will also know that finding a plane that leaves on time is another challenge - but that's a different story). Chicago is known for having only two seasons - winter, and construction season. This past ...
20 September 2010 /payments /sibos
How did we do it? The existence of contactless technology in the payments market has been a topic of much discussion and over the last two years we have seen significant progress globally, with many making strong headway with their contactless developments. One of the latest countries to announce its move to contactless was The Netherlands where t...
20 September 2010 /payments /retail
Paul Love VP Business Development at Konsentus
The presenters and panellists on day three of EFMA will surely have felt the pressure to deliver after the fantastic first two days of the conference, and I must say that the sessions I attended lived up to expectations. In the first session of the day, Gerard Hartsink, provided a clear overview on the progress of SEPA, the SEPA Cards Framework a...
20 September 2010 /payments
Well the confidence and optimism from Wednesday was still evident at the end of yesterday. Last year people had ideas, this year they are actually doing something about them and actively looking for opportunities, which is such a positive sign for the industry. For me, day two was about innovation, looking at the technology we use and what the f
17 September 2010 /payments /retail
The EFMA conference is a regular event in my calendar, and as I travelled there on Tuesday the omens were looking good. I bought my breakfast at the airport with contactless Visa Paywave and the sun was shining when I arrived in Paris. It promised to be a great week. My mood was somewhat dampened yesterday when I woke up to damp and dismal weather...
16 September 2010 /payments /wholesale
The European Payments Council (EPC) recently achieved its 8th birthday. Back in 2002, the road to SEPA probably looked fairly straightforward - the EPC would develop the payment schemes and frameworks necessary to realise SEPA, and market forces would ensure a smooth transition from the fragmented payments landscape of the time in Europe to the ca...
15 September 2010 /payments
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