From the category archives:
[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, perhaps most
important, how they worded [...]
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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 grail of [...]
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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. The argument is, essentially, [...]
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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 now [...]
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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 using 17 [...]
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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 supplier [...]
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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 but instead [...]
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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, including email and SMS messaging,
mobile [...]
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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, encompassing not just images [...]
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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 is growing rapidly as more companies source
goods and [...]
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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. I tuned most of [...]
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[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.]
Overall Observations & NACHA Leadership Interview
ACH Transaction Growth: Over All and B2B
- More than 18 billion automated clearing house (ACH) payments were
made in 2007, a 12.6 percent increase over 2006. Business payments
increased to 2.5 billion, up 8.5 percent [...]
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Glenbrook Payments Boot Camp
Mar 10-11, 2010, Santa Clara, CA
May 19-20, 2010, Santa Clara, CA
Headlines from Payments News
