5079 Results from /payments
Alexander Mifsud Co-Founder and CEO at Weavr.io
The web is currently awash with innovations to monetise social networks and digital business. Google has continued its buying spree by acquiring Jambool which means that it can integrate virtual currency software to its services. The move is indicative of the efforts of many in the industry at the moment to establish the yet-to-be-defined blueprin...
13 September 2010 /payments
Paul Love VP Business Development at Konsentus
According to the Bank of England there is over £52 billion in cash circulating in the UK economy today. That's enough to buy 232,000 homes all over the country or the Lloyds Banking Group, at today's prices. Yet as many of us know, the use of paper cash and coinage is in decline. According to the payments council, the amount of cash withdrawn from...
Retired Member
The voices calling for the U.S. to migrate to EMV have been growing louder over the past few months with Walmart, T-Mobile and even the Federal Reserve calling for or discussing the move. Meanwhile, just across the border, the United States’ close northern cousins in Canada have already taken the decision to make the move and are well underway in...
09 September 2010 /payments Information Security
The French Central Bank has given licenses as a Payment institution to two french companies. This is the first french licenses !!
07 September 2010 /payments Innovation in Financial Services
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Reading OECD "Forum on tax administration:Taxpayer services sub-group" Survey Report (March 2010). "Why citizens don' use revenue bodies'/governments' e-service" Despite all the success stories we have seen when: - the public sector realises that it is not the only service citizens use - and in fact one of the most infrequent...
31 August 2010 /payments Innovation in Financial Services
Keith Appleyard IT Consultant at available for hire
As reported in the New York Times : www.nytimes.com/2010/08/22/business/22digi.html Papers filed in court allege that over a 4 year period, thieves created fictitious Merchants through use of accommodation addresses and stealing other peoples identities, charged more than $10 million on consumers’ credit and debit cards, and then moved the money...
30 August 2010 /payments /regulation Whatever...
Peter Gullberg VP Product Strategy at Todos AB - a Gemalto company
Online banking is about more than cost cutting. Banks are just waking up to its potential for increased revenue and new business opportunities. In this context, online security is not just a cost of business to be weighed against losses to fraud. It is the key that opens the door. But it will only work if banks change the way they build a business...
26 August 2010 /payments Online Banking
According to a recent Visa Europe study, cash is not going away. The study found that 35% of people in 2010 stated that they: "prefer to pay in cash for everything I buy." This is down from 54% in 2002, but up from 18% in 2008. Amazingly, that study was conducted with European respondents where card usage is high. Unsurprisingly, cash is...
26 August 2010 /payments
Brett King CEO & Founder at Moven
Is it just me or have you noticed that the pages behind the login for your bank haven't changed much in the last 5 or 6 years? According to the omnipresent Wikipedia, Stanford Federal Credit Union was the first financial institution to offer online internet banking services to all of its members in October 1994. Interestingly, while the Gramm-Leac...
25 August 2010 /payments Online Banking
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
Last week Finextra embarked on an unusual Twitterview. Instead of a mostly linear stream of Q&As with one or two people, we decided to moderate a discussion, or Twitter-chat, with a group of start-ups, consultants and advocates who represented the city of Atlanta, Georgia in the US. It seems Atlanta has been a hotbed of banking innovation sin...
23 August 2010 /payments Social Banks
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