283 Results from 2010, /payments
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
http://www.swift.com/resources/documents/supply_trade_article_casterman_opinion.pdf André Casterman of SWIFT makes a good case for it in the enclosed article.
31 October 2010 /payments Innovation in Financial Services
For most of us it is self-evident that unstructured invoicing is an anachronistic relic that will soon be history. It is also obvious that the solution to getting the enterprise mass market and consumers onboard is to get the banks to take their responsibility and see the more than evident business case. The arguments are well known: 1. invoicing ...
The first recent test was to find an automatic non-political tool - steering member states away from overspending and overborrowing. The test was passed with flying colors – but was put aside (for a while) by national politics. Let us hope it gets back on track soon. The next test is to do something real – and bold – for the Single Market. Most of...
Sriram Natarajan Risk Dog at Credit Risk Fraud Cards Professional
Governments across the world provide subsidies for various activities. Most countries provide farm subsidies; education, health and even fuel is subsidised through government largesse. Now, to promote electronic payments, I should think governments should dish out subsidies. Governments can be creative on this one; let's say a country starts issuin...
29 October 2010 /payments Innovation in Financial Services
Retired Member
As a key theme for Sibos, there is a lot of discussion about the impact of regulations, and the unexpected consequences that all too often accompany new rules. The BASEL III focus has been on ensuring banks are well funded to cope with problems that may occur in the market, with the particular focus on the failure of an entity involved in a transac...
27 October 2010 /payments /sibos
The challenges of regulation for SEPA were made clear in the "SEPA 2010" session at Sibos today when the European Commission declared that "moving from self-regulation to regulation is not a small step but a major challenge”. In a sense, that sentiment comes as no surprise at all, given how far we've already travelled down the road ...
27 October 2010 /payments /sibos Finextra@Sibos
It's very interesting to see that Southern Africa plans a SEPA-style payments harmonisation, and that they consider that learning from the experience in Europe could be very useful. Something that immediately springs to mind is to treat self-regulation with caution. In Europe, we are now actively seeking regulatory intervention to set an end date ...
26 October 2010 /payments /sibos
Brett King CEO & Founder at Moven
If I was to identify one dominant response from bankers at SIBOS this week it is confusion. Not confusion over the event, where to find sessions, or what they are doing here, but confusion over where the banking sector goes next. The fact is, after time immemorial where banking has essentially remained the same, bankers are suddenly thrust into a w...
26 October 2010 /payments /retail Innovation in Financial Services
Over the last couple of weeks, we have been running a short poll on the ACI website to ask peoples’ views on payment systems in advance of Sibos, and the results are now in. We asked respondents what is the most crucial element of a payments system, and interestingly only three percent identified the ability to generate revenue, and six percent poi...
It's Monday morning and everything is really getting started. Every last t has been crossed and i dotted. With that in mind, there is just time to take a look at the third and final theme that delegates will be discussing in Amsterdam - recovery - and how payments can play their role in achieving this. The economic crisis that started in 2007 and ...
25 October 2010 /payments /sibos Finextra@Sibos
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