Simon's blog on Payments and Money
in the Netherlands - Europe (SEPA) - the World...
Tuesday, November 28, 2006
FATF attempts to grasp modern payment technologies
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FATF published this report on new payment mechanisms . It would be a nice try for a second year student, trying to come to grips with realit...
Inspirational commercial about paying cash...
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Aneace noticed a nice Visa Commercial featuring speed of transaction of card based payments versus cash. Stuff like that is what we can use...
Saturday, November 25, 2006
Interchange under fire at Eu hearing
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Last week there was a hearing at the EU on interchange fees. Reuters reported on that: * The Commission conducted the hearing to let Master...
New payment data for 2005 from the BIS
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can be found here (summarizing tables). But please all you scientists, be aware that these contain quite a condensened and in some sense ar...
Tuesday, November 21, 2006
The Eurosystem's view of a SEPA for cards
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Quite interesting. The world of cards is already a worldwide business since quite some years. And here we have a bunch of central banks in e...
First V-pay transaction in Europe
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See the Visa press release and read: The first V PAY transaction in Austria took place on November 15, 2006 at Denkstein in Salzburg's ...
UK Government changes governance for payment schemes
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See the website of the OFT to find out that: ...following a recommendation from the Chairman of the Office of Fair Trading, the Chancellor ...
The unbearable lightness of hyping and PIN-cracking
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Of course it is big fun to mess about with PIN-code systems and devising a way to attack them. That's what the security game is all abou...
Thursday, November 16, 2006
Usage data for Messenger balance information of ABN AMRO
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ABN AMRO informs us that its Windows Live Messenger service to provide balance information to its users now has 16.500 users, which grows w...
Wednesday, November 15, 2006
There's more than just a 'card-payment'
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Scientists and policy makers often make the misstake of simplifying reality to fit their preconceived assumptions on how markets work. As a ...
Contactless terminals in Amsterdam target for vandalism; Rotterdam expands use of Ov-chip
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In all the cost benefits analysis of contactless payments, the assumption is (calculated) that terminals and machines would not be subject t...
Postbank uses Google to help customers find ING&Postbank ATM's
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Perhaps a first in the world-innovation by Postbank this monday. On their website there is a link that allows customers to find an ING or Po...
Rabo starts mobile phone banking in alliance with Orange and entertainment company Talpa
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Planet Multimedia reports that Rabobank announced this monday that it will offer internet banking via mobile phones distributed by Rabobank...
Sunday, November 12, 2006
CCV Holland ready for Europe
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See article in HFD . CCV Holland have received certification for its terminals and is now ready for roll-out and replacement of card termina...
New Zealand authorities to attack no-surcharge rule
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Card schemes have a habit of starting out as incompetetive as possible. So if undisputed they will introduce a no-surcharge rule in scheme-r...
Regulation by McCreevy: action would speak louder than words...
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Interesting speech here with the following notes on how the Commission should regulate: Those who know me well recognise that this is not a...
A new (erotic) life for Wallie card...?
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Good article this week in Emerce by Erwin Boogert on Wallie Card. It turns out that new investors have taken over at Wallie Card which resu...
DNB research conference on payments and contribution by Katz
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The conference programme with presentations can be found here. The hearsay has it that the conference was quite animated, indeed academic a...
ECOFIN October 2006 conclusions on SEPA
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I will recite the conclusions below. Of course the usual stuff about how the SEPA world may not be worse more costly than the current paymen...
Payments & Settlements news 44
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is out here , with some nice features: - cooperation of Norwegian banks and Telenor in identification via mobile telephone ( October 2, 2006...
Police arrest a lot of juveniles that loaned out their debit-card to criminals
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HFD reports that more than 100 younger adults have been arrested this week as they loaned out their debit-card for money laundering to crim...
Saturday, November 04, 2006
TSYS Certified to Process Prepaid Cards on MasterCard Network
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See press release here... to discover that TSYS is now certified to support open-loop prepaid cards in Europe on the MasterCard network. Th...
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