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Payments systems visions, strategies, trends, pilots, forecasting, and planning for the short-, medium-, and far-term.
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The current economic climate is forcing companies to pursue lean operations as strongly as ever. It’s a message that we hear at SunGard, and that you may hear from your employer as well. Lean operations are driven by the understanding that only the most efficient organizations survive. The latest issue of Financial Operations Matters, publishe...
01 February 2012 /payments
NACHA, the Electronic Payments Association, is the organization that manages the development, administration and governance of the ACH Network. They recently proposed the Expedited Processing and Settlement (EPS) amendment to the NACHA Operating Rules (“Rules”) that would enable ACH entries to be processed and settled on the same day that they ar...
13 December 2011 /payments
Miloslav Hoschek Freelancer at e-Silk Road, NGO
TILL 2050 THERE WILL COME TO EUROPE 1,3 BILLION NEW MIGRANTS..... copyright Miloslav HOSCHEK PhD independent consultant mhoschek/ad/gmail.com
01 December 2011 /payments /regulation
Nikhil Mittal Financial Crimes Consultant at Wells Fargo
The hush-hush on the street is Greece is out, Italy may go down, next in line could potentially be Spain and so on. The newspapers are ripe with the last minute reforms and short-term strategies to bail-out some of the largest economies within the Euro zone, steps like resignations of the top leaders and acceptence of reforms by some to save the s...
09 November 2011 /payments /regulation
It was 1995 when I started to work with online banking.We created services like mobile banking in year 1997 for WAP based mobile banking with Post It Notes because there were no WAP phone in hand. Now I am thinking how we do banking in 2020. Share your visions, here is mine. - In 2020 there will be traditional lending banks and more advanced paym...
28 October 2011 /payments
Small and large companies alike want more streamlined A/R processes. The driver behind a common standard for remittance information delivery is to enhance the value of and promote the growth of electronic payments in order to improve efficiencies and enable straight-through processing. Earlier this summer, I attended a remittance standards confer...
29 September 2011 /payments /sibos
More ideas will develop when bright minded people meet. Last weeks i have been looking new or old Innotribe Idea box services. Preatty nifty idea but is it lacking promotation or don't banking business have any ideas. Do you know similar places, where innovations can be presented and then rebuild with help of other innovators?
27 September 2011
Felix Kronabetter Business Development Manager at RBR
People living in the majority of countries that do not use, or make limited use of, paper cheques will be mildly amused if they have been following the controversy in the UK around this archaic payment instrument. For some, the future of the cheque is no laughing matter, however. If you are not familiar with this story, it dates back to December ...
22 September 2011 /payments
Everyone agrees that e-invoice saves money, makes things easier and it is good for environment. But if we think situation for SME, this makes sense but still it is hard to adjust business for this. Good examples comes from own experience and I share my own for you. I like e-invoices but still struggle to send one. There are several reasons for this...
19 September 2011 /payments
Recruiting great salespeople from outside the payments industry can be a winning strategy. But there’s an obvious problem: they have no experience of the industry. How do you help new hires to learn the knowledge they need to be effective quickly? I work a lot in the payments industry, and I’ve seen this strategy work very well for merchant acquire...
01 September 2011 /payments
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