989 Results from 2010
Retired Member
Although it’s become a familiar term, the marketplace remains confused about precisely what a payments services hub is. Analysts like Zilvinas Bareisis at Celent are trying to shed some light on definitions and types of offerings in the market. But there still seems to be scope for interpretation and lots of latitude. As I see it, a payment servi...
02 December 2010
Earlier this month, NCR was talking about how they plan to rethink the cash machine. By reconsidering everything from the console's shape to the interface's style and function, "we can create machines that actually make banking cool," says Bob Tramontano, a VP at NCR, the world's largest manufacturer of ATMs. Meanwhile, the design innova...
01 December 2010 /payments
Is there a chance that Apple will push the use of iTunes as a payment mechanism beyond its own virtual store (imagine shopping on Amazon and paying using your iTunes account)? Will Google look to launch Google Checkout in the physical world, in the same way as PayPal have announced (by way of VeriFone)? Is there any substance behind the threat t
01 December 2010 /payments /retail Innovation in Financial Services
Robert Siciliano Security Analyst at Safr.me
Most major websites now install cookies on your computer, which track what you do online. Over time, these cookies develop a profile, which becomes your digital fingerprint, to a certain extent. You may have noticed after searching for a specific product, advertisements for that particular product or brand appearing on various other websites you v...
01 December 2010 /security /regulation
Since the financial world reeled in shock at that collapse of Lehman Brothers and the subsequent fallout in the World’s financial markets the banking community has been in a mode of self preservation. Rather than lending, which generates one of the age-old assets of the banking world, banks have sought ways to preserve and protect their capital. ...
01 December 2010 /retail /wholesale Innovation in Financial Services
Uri Rivner CEO and Co-Founder at Refine Intelligence
I don’t know about you, but I was a bit disappointed with the whole WikiLeaks thingy. I mean, come on. The build up was brilliant: you would have thought we’ll finally have irrefutable evidence that a UFO landed in Roswell, that JFK assassination was indeed a CIA ploy, and that the 1969 moon landing was a NASA concocted hoax. Instead we got a bun...
30 November 2010 /security Innovation in Financial Services
February saw The Big Carbon Robbery. I explained about this unorthodox cash out method here; it’s quite simple really. Every EU country has a carbon emission quota; every polluting manufacturer within that country buys carbon emission licenses in a trading platform. These licenses are expensive, and if you just steal the user name and password f...
When looking at the Greek and Irish Tragedies over the last couple of weeks and months, one thing that got me thinking is, could this have been prevented? Of course, the thought itself is brimmed with preposterousness. Dodgy accounts in Greece’s case and a banking system that crippled Ireland’s finances are formidable issues, make no mistake. Thos...
30 November 2010 /regulation
With information being available at will, the world is one’s oyster. For banks, the democratisation of information represents an opportunity to stay abreast of the world’s latest developments and absorb its best practices more easily. This is also positive from the customers’ point of view. Over the years, cross-industry learning has improved many...
30 November 2010 /retail Innovation in Financial Services
David Divitt Senior Fraud Product Manager at VocaLink
According to Kelkoo - the online retail comparison website - and Visa Europe, Monday 29 November is the busiest online shopping day of the year. Visa Europe expects 3.8m purchases worth £265m to be made using Visa cards and Kelkoo says that online shoppers are expected to spend £537m on Christmas gifts today. These numbers demonstrate just how i...
29 November 2010 /regulation /retail
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