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Shaping the future of finance

Payments

The Card Awards 2010

Last year, I was a judge with the Card Awards. This year I couldn't make it, but they have just announced the shortlist. Here it is: Best New Credit Card Product of the Year Barclaycard – Barclaycard Goldfish Low Rate ProductEgg – Egg Money World MasterCardLeeds United and LaSer UK – Leeds United MasterCardNational Australia…

Interesting stats from the Payments Council

Just received a press release from the UK Payments Council that makes interesting reading.  The figures show that spending by card, cheque, cash and automated payments over the last six years has changed little, beyond the usual variance to consumers' payment habits, despite the difficult economic conditions. The latest quarterly figures reveal that: The number…

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Interesting stats from the Payments Council

Just received a press release from the UK Payments Council that makes interesting reading.  The figures show that spending by card, cheque, cash and automated payments over the last six years has changed little, beyond the usual variance to consumers' payment habits, despite the difficult economic conditions. The latest quarterly figures reveal that: The number…

VocaLink_rgb_250x120

Interesting stats from the Payments Council

Just received a press release from the UK Payments Council that makes interesting reading.  The figures show that spending by card, cheque, cash and automated payments over the last six years has changed little, beyond the usual variance to consumers' payment habits, despite the difficult economic conditions. The latest quarterly figures reveal that: The number…

VocaLink_rgb_250x120

Fragmenting the banking structure

Most banks have evolved from days of branches and large offices, to banks with multiple channels of distribution and extensive technology backbones. The issue banks have with this structure is that the technology backbone is broken. This is well illustrated by a comment from one payments manager who said to me that he gets his…

Cisco

We don’t need your customer service

For a while now Monitise, the mobile payments processing firm, has been researching views on the future of banking with the Future Foundation, part of Experian. Their objective is to find out how our relationship with money is changing and to understand how the culture of money will develop over the next few years. The…

We don’t need your customer service

For a while now Monitise, the mobile payments processing firm, has been researching views on the future of banking with the Future Foundation, part of Experian. Their objective is to find out how our relationship with money is changing and to understand how the culture of money will develop over the next few years. The…

We don’t need your customer service

For a while now Monitise, the mobile payments processing firm, has been researching views on the future of banking with the Future Foundation, part of Experian. Their objective is to find out how our relationship with money is changing and to understand how the culture of money will develop over the next few years. The…

Cheques: 2-4-6-1-8 … 2018

After previous references to the cheque being phased out by 2018 in the UK, the Cheque Clearing & Credit Company has just released a nice explanation of the 2-4-6 rules, which is 2 days to clear and earn interest, 4 days to be available for spending and 6 days to be irrevocable for any cheque…

Cisco

Cheques: 2-4-6-1-8 … 2018

After previous references to the cheque being phased out by 2018 in the UK, the Cheque Clearing & Credit Company has just released a nice explanation of the 2-4-6 rules, which is 2 days to clear and earn interest, 4 days to be available for spending and 6 days to be irrevocable for any cheque…

Cisco

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