We released results of our Cloud Computing survey today which finds that there is a clear need for Cloud Computing in financial institutions, especially capital markets which are highly technology driven. More than half of respondents from capital markets say IT is driving Cloud Computing compared to just a quarter of retail respondents but, overall,…
We’ve got our cloud computing meeting tonight, and many of you may wonder what the hell all that is about. Well, cloud is the big buzz in the tech sector because it’s new, glitzy, sexy and brings together all the stuff that’s gone before. From the old days of bureaux and mainframes, through outsourcing, SaaS…
The UK Payments Administration released the latest fraud figures today (doubleclick to enlarge): This shows general card fraud is down 23% to £232.8 million in the first half of 2009 although, of concern, will be the fact that online fraud is increasing at a rapid click (55%) year-on-year. This rise in cardholder not present…
The UK Payments Administration released the latest fraud figures today (doubleclick to enlarge): This shows general card fraud is down 23% to £232.8 million in the first half of 2009 although, of concern, will be the fact that online fraud is increasing at a rapid click (55%) year-on-year. This rise in cardholder not present…
Last week, I blogged about innovations in payments from a consumer’s perspective, and followed it up yesterday with an ancillary note. In this second part, I thought I would take a closer look at what is innovatory in the corporate world of payments. Many of us would immediately start talking about e-invoicing, supply chains and…
Just got a really interesting note about a new MasterCard from Phones4U. It’s called the ‘Escape‘ Card and focuses upon migrant worker remittances. What’s interesting is that it has been launched by the mobile phone shop Phones4U, a completely non-bank non-carrier operation that is just a pure retailer of mobile telephony. Here’s the shortened write-up:…
Just got a really interesting note about a new MasterCard from Phones4U. It’s called the ‘Escape‘ Card and focuses upon migrant worker remittances. What’s interesting is that it has been launched by the mobile phone shop Phones4U, a completely non-bank non-carrier operation that is just a pure retailer of mobile telephony. Here’s the shortened write-up:…
Just got a really interesting note about a new MasterCard from Phones4U. It’s called the ‘Escape‘ Card and focuses upon migrant worker remittances. What’s interesting is that it has been launched by the mobile phone shop Phones4U, a completely non-bank non-carrier operation that is just a pure retailer of mobile telephony. Here’s the shortened write-up:…
I was asked to write about innovation in payments last week, and so here’s the first of three parts. The first part will focus upon retail payments innovation; the second, corporate payments; and the third, trade settlement. A weekly non-exhaustive update so to speak. First, what is innovation? Let’s define it again (yes, I’ve blogged…
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