The CTIA Wireless IT and Entertainment conference was held in San Francisco this week. Theme was “Wireless – It’s how you use it.” When it comes to mobile payments and mCommerce, I could not agree more.
by Jacqueline Chilton The CTIA Wireless IT and Entertainment conference was held in San Francisco this week. Theme was “Wireless – It’s how you use it.” When it comes to mobile payments and mCommerce, I could not agree more.
CheckFree and AT&T Mobility recently announced that AT&T would begin supporting electronic bill presentment through CheckFree-powered bank bill pay sites. AT&T Mobility’s more than 70 million customers will now be able to receive their bills electronically at their bank’s bill pay site if the bank is a CheckFree customer. AT&T Mobility joins 400 other billers […]
by Jim Salters One of the “hot topics” in payments in the US market is the evolution of mobile payments – from “inevitable idea” to reality. Obopay and PayPal Mobile are both now over 2 years old – having been launched in the spring of 2006. TextPayMe, a mobile payment service that launched in late […]
[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] NACHA's Business-to-Business Payments Strategy [NACHA Payments] Alenka Grealish Manager Director, Banking Services, Celent, LLC Julie Hedlund AAP Senior Director, Business Payments, NACHA – The Electronic Payments Association Synopsis from Conference Program While electronic B2B payments through the […]
SF Federal Reserve President & CEO Janet Yellen addressed the CFA Annual Conference in Vancouver today. Her remarks addressed credit, housing, commodities, and her economic outlook. Excerpt (emphasis mine): Financial Markets and the Credit Crunch […] This benign view [of underlying risks] may well have been linked, in part, to rapid transformations taking place in […]
I am live blogging from Finovate Startup in San Francisco. Jim Bruene and his team at NetBanker have gathered 40 startups, rebrandings, and company debuts in online banking and finance. Each participant has a brief 5 minutes to demo their product so I’ll be typing as fast as I can. (Please forgive typos!) AFTERNOON SESSION […]
I am live blogging from Finovate Startup in San Francisco. Jim Bruene and his team at NetBanker have gathered 40 startups, rebrandings, and company debuts in online banking and finance. Each participant has a brief 5 minutes to demo their product so I’ll be typing as fast as I can. (Please forgive typos!) MORNING SESSION […]
[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Check 21 Update Speaker from the Federal Reserve was unavailable at the last minute […]
[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Payments in Transition Town Hall MeetingJoseph Sass, Senior Regional Manager, US BankJay Matyas, VP […]
I am in Las Vegas for the fifth annual TAWPI Payments in Transition conference (with the largest attendance yet: approximately 140 billers, bankers and vendors). TAWPI – the Association for Work Process Improvement – is focused on payments automation, distributed capture, and imaging/forms processing. The Federal Reserve's latest research indicates that 50% of consumer-to-business (C2B) […]
A study released by the Federal Reserve Board's Financial Services Policy Committee on Tuesday, based on a sample of 30,000 checks from the image archive Viewpointe, indicates that businesses write nearly 40% of all checks and receive nearly three-quarters of all checks. Almost half of the checks written by consumers are for payments to businesses, […]
I've been intrigued by the idea of a BarCamp – informal, unstructured, participant-organized conferences where people with similar interests share and learn in an open environment – since I read about them in other (mostly technology) blogs. There is an upcoming banking/finance BarCamp in San Francisco (well, actually at UC Berkeley) and I just signed […]
I spoke last week with Elliott McEntee, President and CEO of NACHA about two current issues – NACHA’s reaction to “de-coupled debits” and the progress of the Secure Vault Payments program. Decoupled Debit – Background Decoupled debit programs, announced by both Capital One and HSBC (as issuers) and Tempo (as a processor) take a normal […]
Today the Single Euro Payments Area (SEPA) becomes a reality, enabling credit transfers throughout the SEPA region. Consumers and companies will be able to make cross border payments in euros as easily as making payments within their home country. Card payments have been in effect since January 1st and debit transfers are slated for November […]