Payments

It’s July 1st and we are pleased to announce that, during the summer, the Financial Services Club is running an in-depth analysis and research project about the country-level plans for the transposition of the Payment Services Directive (PSD) on 1st November 2009 and the implementation of SEPA Direct Debits (SDD) on 2nd November. The research…

I get a lot of email feeds and news from financial websites, but often spot real banking news in more unlikely places … like New Scientist magazine. On the front cover of last week's mag was a story about Gaia's evil twin.   I thought that was going to be about the social networking world…

I was asked twice yesterday about cloud computing. Firstly by a friend who wanted to know how it related to payments; and then by another mate in the investment world. The latter was inspired by a new report from IBM and SIFMA that states that cloud computing is ready for prime time: A survey of…

Andrew Bailey, Executive Director of the Bank of England, posted a letter to Gertrude Tumpel-Gugerell, Member of the Executive Board of the European Central Bank, on 8th June regarding the doubts the Bank has about TARGET2 for Securities (T2S).  The letter reads as follows: Dear Gertrude Settlement of Sterling-Denominated Securities Transactions on TARGET2-Securities (T2S) I…

I just used a cash machine that uses plain English. For example, rather than being a 'cash machine' or ''ATM', the bank refers to it as a 'Hole-in-the-Wall', and had this note on the screen: They didn't seem too happy when I rang up and said that someone had stolen the wall: No pleasing some…

I just used a cash machine that uses plain English. For example, rather than being a 'cash machine' or ''ATM', the bank refers to it as a 'Hole-in-the-Wall', and had this note on the screen: They didn't seem too happy when I rang up and said that someone had stolen the wall: No pleasing some…

Yesterday, I presented the second in a series of webinars focusing upon Global Bank Trends. The first presentation looked at these trends generally.  You can watch and hear the hour-long webinar by clicking here or view and download the presentation: The second presentation focused upon trends in mobile financial services, and covers key developments in…

There are loads of discussions about mobile financial services right now, not least at the Financial Services Club. For example, I recently received this presentation from Len Pienaar, CEO for First National Bank’s (FNB) mobile solutions in South Africa: Add this to the many other mobile financial stories and case studies reported already: ABSA (Mobile…