Archive for the ‘Payments’ Category

  • Wearables the future of payments? I’m not convinced …

    on Oct 20, 14 • in NFC, Payments, Slider • with No Comments

    Wearables the future of payments? I’m not convinced …

    A few weeks back I spotted the bPay band from Barclaycard which supports contactless NFC payments via a wristband. Using the bPay website you load money from a debit or credit card and then make payments up to £20 by touching the band on the usual contactless card readers in store. As a payments geek I had no alternative but to get one! After a couple of weeks my bPay band duly arrived; I topped up and headed out to buy some stuff. Waitrose, Boots, Caffe Nero, Marks & Spencer – the world was my

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  • A dystopian future filled with bank branches?

    on Oct 8, 14 • in Beyond Billing, Payments, Slider • with 2 Comments

    A dystopian future filled with bank branches?

    Recently The Economist published an article on Metro Bank and its strategic focus on bank branches. We hear much about the death of the branch but here is a bank building its entire strategy around the branch. And these branches (or ‘stores’ in Metro speak) are grand affairs, seemingly designed in the style of yesterday’s branches. Metro clearly believes there is customer demand for the traditional banking model and that digital delivery is not the future of retail banking. Metro is so branch centric that you cannot open an account online, and their online banking and mobile

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  • PayPal to go it alone – we wonder why

    on Oct 7, 14 • in NFC, Payments, Slider • with No Comments

    PayPal to go it alone – we wonder why

    To the untrained eye, the impact that Apple’s late, possibly great, move into payments is having is astonishing. Just last week, PayPal and eBay announced that they would become two companies from next year, following a Board level strategic review. One has to wonder whether ‘strategic’ in this context should be spelt ‘panic stricken.’ Speculation is rife about why the split is to happen. Some of it involves the value of the two companies – and the feeling (probably justified) that together they are smothering value. Separated they will be worth more than if they

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  • Kill the car kill switch

    on Oct 2, 14 • in Beyond Billing, News, Payments, Privacy & Security, Slider • with No Comments

    Kill the car kill switch

    Kill switches for lost or stolen phones make a lot of sense, and they are now the law in California where starting next July any smartphone sold in the state must come with the ability to render it inoperable under certain conditions. Most users don’t object to this because it means their precious data and apps won’t fall into the wrong hands in the event their phone leaves theirs. But one thing the kill switch isn’t used for is completely disabling a phone for non-payment of your cell phone bill. You may be cut off

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  • Did Apple just win the payments game?

    on Sep 30, 14 • in Beyond Billing, NFC, Payments, Slider • with 2 Comments

    Did Apple just win the payments game?

    The short list for prizes for the most under-stated headline now includes this gem for our friends at Mobile Payments Today. It reads ‘MNOs face some uncertainty with mobile wallets.’ It should have included a cartoon of an executive having a panic attack, or being crushed by an Apple or having a panic attack because he is about to be crushed by an Apple. Once again, we see Apple biding its time, working relentlessly on doing something significantly different, and easy for the customer. Once again, Apple has shown how overpowering their market position is, and

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  • Is solar the new cellular?

    on Sep 25, 14 • in Beyond Billing, Payments, Slider • with No Comments

    Is solar the new cellular?

    Those of us who have broadband speeds to our homes, offices and even points in between tend to take this feature of 21st century life for granted. If blazing speeds to our devices don’t faze us, neither does the fact that we have lights, running water and heat, unless of course any of those things disappears even for a brief period of time. Yet there are still parts of the world where electricity is not a given, let alone broadband service. For people in those areas, an innovative service from the same people that brought

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  • Amex bites the mobile payment hand that feeds it

    on Sep 18, 14 • in Beyond Billing, NFC, Payments, Slider • with No Comments

    Amex bites the mobile payment hand that feeds it

    At Apple’s latest product unveiling, people might have oohed and aahed over the bigger iPhone 6 screens and the Apple Watch, but the big story was undoubtedly Apple Pay. It, more than anything else announced that morning, has the potential to be a real game changer. We’ve already devoted space to Apple Pay here, here and here, with the general consensus of our own pundits and others in the industry that it will finally give mobile payments the boost it desperately needs. But it’s not without its detractors, including an executive from American Express. Josh

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  • Apple’s ‘token’ offering

    on Sep 17, 14 • in Opinion, Payments, Slider • with No Comments

    Apple’s ‘token’ offering

    It’s been a week since I wrote about the impending disruption Apple Pay would bring to the payments industry as a whole. It appears that after the initial excitement of the new iPhone 6 and Apple Watch announcements died down, others turned their attention to the Apple Pay story and realized just what an impact it is likely to make. ZDNet’s Natalie Gagliordi reckoned Apple Pay “was either an innovative kickstarter to an industry struggling to reach critical mass, or an uninspiring riff on pre-existing technology that’s unlikely to move the industry’s proverbial needle.” Other

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  • Apple Pay – evolution or revolution?

    on Sep 10, 14 • in Payments, Privacy & Security, Slider • with 4 Comments

    Apple Pay – evolution or revolution?

    Innovation in payments tends to be evolutionary, rather than revolutionary. The success stories in payments tend to be based on taking what’s already there and making it work better. This approach also happens to be the way Apple has approached technology innovation for its successful product lines. An Apple move into payments has been much debated over the past few years and this week we have at last seen their play in this market with the announcement of Apple Pay. Much has already been written about Apple Pay but in summary it improves both online and

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  • An obsession with payments – why?

    on Sep 8, 14 • in NFC, Payments, Slider • with 1 Comment

    An obsession with payments – why?

    Payments used to be boring. You would meet a Billing Manager at a conference and he would say he looked after billing and payments and you would start talking about billing. Now, so some would say, Billing is dead (long live charging or something) and payments is where it is at. Everyone is getting into payments. Almost every day, we hear of a start up, a wallet that lets you know you have left it behind, perhaps, or that a bank has launched an app. Payments providers are investing millions, telecoms companies (old established ones)

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