Payments

Two years from now, Mobile Payments Today forecast that the typical mobile user will be living like this infographic below. Personally, I'm living like this today.

I keep thinking I should stop blogging about Bitcoin, as I’ve written so much about it already: Is Bitcoin the future of money … or are we smoking dope?  (October 2011) Bitcoin: immersive or subversive? (January 2012) You should take Bitcoin seriously (September 2012) A new currency payment system is about to explode (February 2013) The latest stats on…

I keep thinking I should stop blogging about Bitcoin, as I’ve written so much about it already: Is Bitcoin the future of money … or are we smoking dope?  (October 2011) Bitcoin: immersive or subversive? (January 2012) You should take Bitcoin seriously (September 2012) A new currency payment system is about to explode (February 2013) The latest stats on…

We all know the story of Square, or we should by now, but times are getting interesting for them. Not only challenged by PayPal, whose recent launch of PayPal Here brings proximity payments to the world, they are also being challenged by suppliers like NCR, who are also getting in on the act with dongles…

We all know the story of Square, or we should by now, but times are getting interesting for them. Not only challenged by PayPal, whose recent launch of PayPal Here brings proximity payments to the world, they are also being challenged by suppliers like NCR, who are also getting in on the act with dongles…

I got a copy of a fascinating survey by ING yesterday on mobile social banking.   The survey asked 12,000 people in 12 countries in Europe about banking in the digital age, and here’s their summary of the main conclusions: 1. More than a third – or 37% – of consumers already use mobile banking. The Netherlands is the most…

I recently joined my friends at Anthemis – the guys investing in Fidor, Simple and Moven – for a chat. They gave me a nice leaflet on the trends in remittances which I thought worth sharing with y’all, as it’s a great read with many useful charts and stats. The first chart shows the growth…

This is a question that comes up more and more, and there’s an easy answer: it’s very important; and a harder answer: it’s not always important; and this is a key discussion in the context of immediate payments, something that is getting talked about more and more. In fact, my friends over at Glenbrook covered…

For the fifth year, the Financial Services Club ran a survey of payments professionals worldwide to see how successfully regulations and technologies are changing the European payments landscape, sponsored by CGI and EBA CLEARING.            The survey ran during the spring of 2013, and was completed by 422 participants across over…

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…