Payments

Dec 17, 2009

3,238 days to the end of the cheque

With the news that the cheque will end its life as a valid payments instrument in the UK on 31st October 2018, it's worth reminding all that it's not just old people who use them: But that the main usage is with businesses, who want to keep cheques. Because they like them for cashflow management….

Dec 16, 2009

Bank of America’s mobile numbers are shocking

I was just writing a paragraph about mobile for a client's report, when I realised what I had written: This year has seen dramatic innovations in mobile usage, such as those of the Bank of America in the USA. According to Doug Brown, SVP at Bank of America responsible for their mobile banking channel, they…

Dec 11, 2009

40 days of the PSD

It's forty days since the introduction of the Payment Services Directive (PSD), so there has been lots of chat about the PSD this week, and how it’s working or not working. Derogations and interpretations are rife, with the hottest and most contentious issue being the fact that charges are now meant to be shared (SHA…

Dec 11, 2009

40 days of the PSD

Dec 11, 2009

40 days of the PSD

Dec 9, 2009

Real-time spells the end of the treasurer

I’ve had a couple of good debates in the last week or so about the value of real-time everything. Everything is instant, immediate, no waiting, it’s real-time. We expect instant gratification in everything we do and, any waiting, it’s click and delete. Case in point: the PC gets stuck. How long do you wait before…

Dec 9, 2009

Real-time spells the end of the treasurer

Dec 8, 2009

Mobile Payments: the battleground of the future

Thomas Bostrøm Jørgensen, CEO of mobile payments and financial solutions firm Luup, presented at the FSClub the other day. He spun an interesting story, particularly around the tripartite models emerging of mobile financial services, where they are either bank-led, carrier-led or a bank-carrier partnership. The latter is probably harder than the other models, as it…

Dec 7, 2009

Part Three – Real-time risks and opportunities

In the final part of this discussion of risks and opportunities in CEE, I was asked to give a view (see if you can spot me). So here’s my brief summary: What are the risks for the next year or two? First, we are still in the middle of what I call the internet,…

Dec 2, 2009

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…