Community
Payments systems visions, strategies, trends, pilots, forecasting, and planning for the short-, medium-, and far-term.
As the owner, you will also give up ownership if you leave this group.
Miloslav Hoschek Freelancer at e-Silk Road, NGO
copyright Miloslav HOSCHEK PhD independent consultant mhoschek/ad/gmail.com
24 August 2011
Mike Kresse SVP Money Movement & Retail Solutions at FIS
“If you line up the 30 billion checks issued by the top check writing countries in the world each year, you’d have a paper trail all the way to the moon and back.” The video, Global Mobile Finance contains statements such as these that truly make us wonder when we are going to finally leave the check behind. In the B2B world, the drivers for mo...
18 August 2011 /payments
Vilmos Levente Kovacs Managing Director at Simplexion Informatikai Kft.
By the SEPA Direct Debit (SDD) scheme, which is currently under implementation is Single Euro Payment Area (SEPA) client authorize the service provider to collect. Under this mandate the service provider authorize its bank to collect the cost of service usage. SDD also allows up to single point of collection. The aim by the regulator to implement ...
29 July 2011 /payments
EU portable mobile phone number and account number as one unit in 2025?.... cont. copyright Miloslav HOSCHEK PhD independent consultant mhoschek/ad/gmail.com
19 July 2011
Retired Member
In my last post, I discussed the recent findings published in the 2011 AFP Payments Fraud and Control Survey which concluded that the rate of payments fraud attacks remains stubbornly high. Continuing with this topic, here are some industry best practices for combating payment fraud as it relates to B2B A/P payments. A single, centralized system ...
06 July 2011 /payments
Speculations are recrudescing over and over about the existence of European Monetary Union connection of deepening of Greek crisis. But the integration of financial systems are not seems to be stopped indicates the strength of Monetary Union. The project manager of Target2-Securities that implement interoperability to European securities market ho...
05 July 2011 /payments
I was received a question about my article published some days before, that can account portability worth to banks? At first sight it’s easy to say yes. If using the analogy of regulatory intervention of cell phone companies, the answer is not obvious. Cell phone companies that forced by regulators to implement phone number portability and roaming...
03 July 2011 /payments
The timing reason of the question is an announced of British banks that being on a verge of account portability implementation. Connection with same day clearing as if Hungary is might up to slip the most important condition. This most important condition is the standardization of bank - client communication. Without the standardization it is inc...
23 June 2011 /payments
It seems that the biggest European banks find the time has come to establish an own card company. Can be a new card company successful against the duopoly of VISA and MaterCard, so that China wants to establish its own one? It's not easy to answer yes to that question at first sight. However note that the NCF (Near Field Communication) chip integr
15 June 2011 /payments
Financial institutions, banks and credit cards companies, have invested billions of euros over the last 30 years on payments systems. However over time the complexity of the overall system architectures in place is proving hard to leverage to meet today's demands. But doing away with the old and start from scratch with the new will prove more diff...
13 June 2011 /payments
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