5185 Results from /payments
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
Retired Member
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
Once invoicing has migrated from paper and PDF to structured form - increasingly in the soon ready open global ISO standard - a wealth of productivity enhancing practices can be launched. Examples: - automated accounting (as e-invoices carries increasingly common posting codes) especially for the SME-sector - creating de-facto real time accounting
22 August 2010 /payments Innovation in Financial Services
This week RBS found the spotlight in an unenviable way when it was fined GBP 5.6M by the Financial Services Authority (FSA) for insufficient controls over payments screening processes. According to news articles, the list of transgressions include a breakdown of manual procedures and also inadequate technology functionality. Regulators in the UK ...
20 August 2010 /payments /sibos
I was musing the other day, as you do in the dog days of summer, on the difference between tolerance and toleration. And the difference, I found, is more than just nominal. ‘Tolerance’ can be defined as a general disposition of mind which is inclined to tolerate a line of action, for example, of which one does not really approve. ‘Toleration’, on t...
19 August 2010 /payments /wholesale
The Finextra Twitterview - Atlanta FinTech Universe When: Augist 18th, 2010, 10:00 EDT (15:00 BST) Where: Follow @Finextra and @kpetralia, @simEngine, @johnbhayes, @SBatTTV, @atlantapayments, @steve_atl, @MelanieBrandt, @DCoxATL and @tjsweeney. Hashtag: #finxlive As some of you know, I'm on Twitter (@LizLum). One day, @tjsweeney (Tim Sweeney, ...
16 August 2010 /payments /retail Social Banks
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