The UK's Faster Payments Service (FPS) celebrated its fifth birthday on 8th May. Since 2008 the system has grown rapidly, as evidenced in the transaction volumes: an overall transaction percentage increase of 181% 735.6 million annual transactions in 2012 900-950 million transactions anticipated in 2013 processing around £740 billion a year This makes it…
After my discussion about the augmented economy which focused upon customer service, I thought about it from the other side: transactiosns. Many years ago, my technology firm made a play for banks to deploy data warehouses to perform predictive analytics based upon consumer propensity models of their data-based behaviours. It may sound a little complex,…
At this year's International Payments Summit (IPS), there were discussions of many areas including social media, mobile, cloud, regulations and innovations. These have all been summarised in a wonderfully short overview document available to paying attendees. However, given my interest in SEPA and the fact that we are just closing our fourth annual survey into…
This week is Asia week, with a brief jaunt to open the Terrapinn Cards & Payments Summit in Singapore, followed by engaging in the Asian Banker’s Annual Summit in Jakarta. I always enjoy visiting Asia as you gain unique insights you don’t see elsewhere. Over the past years, Asia is where I first saw NFC/RFID (Octopus, Hong Kong), mobile…
This week is Asia week, with a brief jaunt to open the Terrapinn Cards & Payments Summit in Singapore, followed by engaging in the Asian Banker’s Annual Summit in Jakarta. I always enjoy visiting Asia as you gain unique insights you don’t see elsewhere. Over the past years, Asia is where I first saw NFC/RFID (Octopus, Hong Kong), mobile…
The Financial Services Club has produced research around SEPA, the PSD and the European Payments Landscape to coincide with EBA Day over the past four years, in partnership with Logica (now part of CGI) and EBA CLEARING. This year’s research is underway and we would ask you to answer a few short questions by clicking…
The Financial Services Club has produced research around SEPA, the PSD and the European Payments Landscape to coincide with EBA Day over the past four years, in partnership with Logica (now part of CGI) and EBA CLEARING. This year’s research is underway and we would ask you to answer a few short questions by clicking…
We had our annual debate about SEPA for the fourth year running the other day. This time: Jerome Traisnel, Slimpay; Ruth Wandhöfer, Global Head of Regulatory & Market Strategy, Citi Transaction Services; and Tino Kam, SEPA Executive, Global Cash Management, the Royal Bank of Scotland were opposed by: Simon Bailey, Director, CGI; and Peter Miller,…
We had our annual debate about SEPA for the fourth year running the other day. This time: Jerome Traisnel, Slimpay; Ruth Wandhöfer, Global Head of Regulatory & Market Strategy, Citi Transaction Services; and Tino Kam, SEPA Executive, Global Cash Management, the Royal Bank of Scotland were opposed by: Simon Bailey, Director, CGI; and Peter Miller,…
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