Tag: payments

Samsung will bring facial recognition to payments

Samsung will bring facial recognition to payments

Written by on March 27, 2017 in Guest Blog with 0 Comments

Bloomberg has reported that Samsung’s new Galaxy S8 will use facial recognition to authorize payments. Citing sources familiar with the situation, Bloomberg reported late last week that Samsung’s soon to be released Galaxy S8 smartphone is to include a facial recognition functionality to authorize Samsung Pay transactions. The addition of facial recognition technology to Samsung’s […]

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Will the Internet of Things become a practical commerce platform?

Will the Internet of Things become a practical commerce platform?

Written by on February 21, 2017 in Opinion with 0 Comments

It is inevitable, ahead of MWC, that there is a flurry of announcements and activity. From 5G to payments, from AR to security, the place is awash. The Internet of Things is no exception, and IBM has done more than most to bang the drum (toot its horn and blow its trumpet). The company sees pretty much […]

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TransferWise launches money transfer service via Facebook chat

TransferWise launches money transfer service via Facebook chat

Written by on February 21, 2017 in News with 0 Comments

NEW YORK (Reuters) – Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook Inc’s chat application, as competition in the digital payments landscape intensifies. The London-based startup said on Tuesday that it had developed a Facebook Messenger “chatbot”, or an automated program that can help users […]

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PayPal is established but still making waves in the world of payments

PayPal is established but still making waves in the world of payments

Written by on February 20, 2017 in Opinion with 0 Comments

The world of digital – particularly mobile – payments is fast-moving and complex. And unlikely to get simpler any time soon. The question for players that are not called Apple, Samsung or Wal-Mart is ‘how do you keep up, how do you differentiate yourself?’ The answer, for PayPal at least, is to extend the functionality […]

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Emerging markets are where mobile payments will truly disrupt telcos, banks

Emerging markets are where mobile payments will truly disrupt telcos, banks

Written by on February 1, 2017 in Guest Blog with 0 Comments

“Mobile payment propositions vary across markets – the emerging market model is likely to be the most disruptive to MNOs and the financial system.” Banking characteristics (e.g. debit card penetration, ATM availability) across developing, emerging and developed markets vary significantly, resulting in different mobile payment business models in these markets (see Figure 1 below). Figure […]

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Is America about to follow the European example in payments regulation?

Is America about to follow the European example in payments regulation?

Written by on December 15, 2016 in Guest Blog with 0 Comments

A few years ago, I wrote that when it came to the regulation of payments, America could do worse than adopt something along European lines. By “European lines”, I meant that a regulatory framework which separated systemically risky operations such as lending people money from systemically unrisky operations such as low-value payments would benefit all concerned. […]

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How did Venmo get so big in the mess that is payments?

How did Venmo get so big in the mess that is payments?

Written by on September 28, 2016 in Billing & Payments, Opinion with 0 Comments

As fintech companies struggle towards the top of the payments pile, unlikely winners emerge that prove at least one thing – the world of technology is extremely fragile and fickle. It also proves that technology and fintech companies that do not completely understand culture are likely to fall by the wayside. The phenomenon that is […]

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The chips are down – EMV in the US not going well

The chips are down – EMV in the US not going well

Written by on September 16, 2016 in Guest Blog with 0 Comments

I’ve been reading a lot of comment about the US EMV migration recently and there seems to be pretty universal condemnation of the process (some of it from me). In the UK, we had chip and PIN day (St.Valentine’s Day 2006) and that, pretty much, was that. But in the US, the migration has been […]

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Are banks the true digital dinosaurs?

Are banks the true digital dinosaurs?

Written by on September 7, 2016 in Opinion with 0 Comments

We used to think that telcos were the dinosaurs of the digital age. Compared to many digital service providers (DSPs) this may still be true. But it is changing, and fast, as telcos begin to unleash their true potential, begin to attract DSPs as partners and innovate in other areas. Indeed, compared to some industries telcos […]

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Australian banks foiled in attempt to force payments app onto iPhone

Australian banks foiled in attempt to force payments app onto iPhone

Written by on August 19, 2016 in Billing & Payments, News with 0 Comments

SYDNEY (Reuters) – Australia’s anti-trust regulator on Friday said it would not grant the country’s three biggest banks interim approval to collectively negotiate with Apple Inc to install their own electronic payments applications on iPhones. Australia’s three biggest banks, including the number one lender National Australia Bank (NAB), last month lodged a joint application seeking […]

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