Payments News

Today, Glenbrook celebrates its 15th birthday. It’s been quite a journey – an amazing one in so many ways – yet it also sometimes feels like we’re still on Day One! There’s so much happening in payments – and, more broadly, in commerce, financial inclusion, and crypto currencies! I was very fortunate to make a […]

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[via Bank Technology News] [excerpt] Both studies were conducted in August 2008 and released within days of each other in late September — before a string of disastrous financial firsts in October clearly eroded consumers' trust in banks. Both companies surveyed consumers who are comfortable online, but the surveys differed in size, audience composition and, […]

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TechCrunch observes that Prosper and other peer-to-peer lenders like Zopa and Lending Club may turn out to be collateral damage from the credit crisis. Coverage: New York Times article TechCrunch (great graphs) PaymentsNews (links to annoucements from P2P lenders)

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Due to a last minute change of plans I am not in NYC for Finovate2008 (and very disappointed) but you can follow along with Jim Bruene who is live blogging at NetBanker. I will add links to additional live and post-meeting coverage over the next couple days, so bookmark this post.

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My recent article – Electronic B2B Payments are Gaining Momentum – Finally! – was published in the September/October issue of TODAY Magazine, a publication of TAWPI, The Association for Work Process Improvement. The article has recently been posted online at the TAWPI website. [summary] Straight through processing of business payments has long been the holy […]

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David Birch has a great post on the future of contactless payments vs. phone payments: I've heard more and more people — on the issuing side — talk about skipping over contactless cards completely and just moving directly to phones of one form or another, either NFC phones or phones with NFC stickers on them. […]

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Back in April I attended Finovate Startup here in San Francisco and live blogged the event. It was a whirlwind of 40 startup/young financial technology companies presenting 5 min demos (no scripted PowerPoint!) of their products/new features. Lots of energy, great people, and some really cool stuff. This week the videos were posted online, so […]

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Over at FinanSer/SWIFT Community, Chris Skinner observes PayPal's 10th birthday with a round up of stats demonstrating the remarkable growth of PayPal and shift toward metrics like active users rather than registered users as their business matures. Excerpt: In their latest company presentation, published June 16th, they have these figures: PayPal operates in 190 markets […]

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From Bank Technology News: Ariba, a spend management solutions firm, has agreed to a first-ever private-label agreement for its invoice and payments technology with Citi’s Global Transaction Services unit. Citi plans to integrate Ariba with its own e-payment and supplier finance offerings. Those programs include Citi’s recently launched purchase card program and connectivity to major […]

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A couple articles of interest at GTNews this week: Payments in Need of StandardisationJonathan Williams, Experian PaymentsCorporate treasurers are facing pressures to consolidate and standardise their processes – how can they balance these requirements? SEPA Security – Lessons Worth Learning from the PastSteve Brunswick, Thales e-SecuritySEPA security should not be regarded as a daunting task […]

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If you happen to be in a taxi in Abu Dhabi, that is. Aneace describes the simple, convenient solution here. If only this were possible in San Francisco!

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[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] ClairMail – Secure, Efficient, 2-way Mobile Banking & Payments [NACHA Payments] ClairMail enables two-way customer interaction via mobile phones, regardless of the type of phone and the wireless network, using the phones existing software and standard features, […]

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[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] eGistics – Scalable, Flexible Hosted Document Management [NACHA Payments 2008] I had an opportunity to speak with Bob Lund, CEO of eGistics, and discuss the company's transition from a payments-centric archive to a more holistic document-centric model, […]

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[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] International Payments – The Changing Landscape [NACHA Payments] Ralph Dangelmaier President, Americas, ACI Worldwide Debbie Smart CTP Senior Product Consultant, ACI WorldwideJohn A. JayeFirst Vice President, Channel Technology, Bank of America Synopsis from Conference Program International trade […]

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[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] This year's keynote presentation was by Peter E. Raskind, President and CEO of National City. The topic was supposedly "Executing Payment Strategies in a Changing Environment" but it sounded a lot like an infomercial for National City. […]

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