Technodazzle

I was reading an article a few days ago on the plateau of ebook reader sales and the slow retreat back to paper (here), and of course this lead my thoughts back to our own industry – particularly the nonsensical cheque lobbyists. However, does this harking back to a bygone era of paper banking reveal…

Do you hear the bell tolling?

So with margin erosion, tough competition and increasingly unfavourable regulation, where do the remain domestic debit schemes go? Is the bell indeed tolling on domestic debit?

Why XS2A is a red herring

Three months after publication of the final text for the second iteration of Europe’s Payment Services Directive (PSD2), the brouhaha over Article 29, commonly known as Access to Accounts or XS2A, continues unabated – but is it the big issue in PSD2 or just a red herring? I’m not going to go into the details…

2015 in review

The WordPress.com stats helper monkeys prepared a 2015 annual report for this blog. A personal thanks to all of you that visited during the year and I look forward to blogging for you again in 2016! Here’s an excerpt: The concert hall at the Sydney Opera House holds 2,700 people. This blog was viewed about…

Let’s all go rob a bank

If I walk into a shop, pick up any item and then walk out again, the chances are that store security will stop me and I’ll probably end up in court pretty soon. Likewise if I walked into a bank branch and demanded all the cash, it’s likely my face will end up on Crimewatch…

Will card payments shortly have a Volkswagen moment?

there are loopholes to be exploited by companies willing to do so that could be closed with investment in post-implementation testing, live sample devices or by more widespread use of end-to-end demonstration-like testing

Authorisation is the New Interchange

It probably wouldn’t lead to a great drop in the costs for a Merchant, but it would create a fairer environment and provide greater transparency.

This is the end, my friend

How much this will do to the economy of Gibraltar, Isle of Man, Malta and Cyprus I’m not sure, but keep an eye out for changes…

The Starbucks Moment – or how Europe can learn from EMV in the US

A friend in Seattle was telling me about the proud coffee culture there. For the longest time, coffee shops were considered a European thing, small French cafés with tiny coffees, Italian cafés with their tiny coffees and frothy milk – in essence not at all the American way of doing things (where BIGGER is ALWAYS…

Just certify me already

One of the (many) problems in the payments world is that no-one likes to do things in the same way as everyone else. It’s the root cause of why making standards is such a long and drawn out process, and why everything we do is essentially a compromise. It means that when standards (and rules)…

Cartes 2014, Paris

The 29th edition of Cartes in Paris has been a strange old show. Meeting friends old and new is still an integral part of this annual calendar marker, but the show itself seems to be evolving into something new. Previously we’ve seen a market place, busy stands full of the latest tech demos and enticing…