NFC and BLE are friends
As the recent Apple patent application shows, NFC and BLE are not rivals, but a potentially powerful combination of interfaces that might transform retail payments. [Correction: as numerous...
View ArticleTime and amazonisation in payments
I had a lovely time at the Payments Forward afternoon tea discussion on “When do you build, buy or partner to innovate in payments”. But in payments, new services are more likely to “assembled” aren’t...
View ArticleI think the evidence on APIs is pretty clear
The government is to “call for evidence” on banking APIs, but I think the evidence is pretty clear: they are going to play a major role in shaping the industry over the next 3-5 years whether the...
View ArticleMobile payments will shortly be mainstream (really – this time)
Mobile payments are fun again. Now that Apple have said that they paying with your phone is OK, all the cool kids want to do it. But how exactly are mobile payments going to work in the mass market?...
View ArticleMobile payments will shortly be mainstream (really – this time)
Mobile payments are fun again. Now that Apple have said that they paying with your phone is OK, all the cool kids want to do it. But how exactly are mobile payments going to work in the mass market?...
View ArticleAccess
The U.K.’s Faster Payments Service (FPS) has been very successful. The ability to send money from one account to another account instantly is actually quite transformational, but I still think that the...
View ArticlePayment competition and banking in a post-PSD2 world
I happened to be talking about access to payment infrastructure (something I blogged yesterday) at a client event yesterday, and got involved in a discussion about how the fintechs might begin to work...
View ArticleMe, Vanessa and crossing the streams
The UK’s Competition and Markets Authority (CMA) has published its report on the retail banking market. It says, that “the timely development and implementation of an open API banking standard has the...
View ArticleRearranging the banks
In his new book “Digital Human“, Chris Skinner sets out a straightforward vision of the bank of the future. He says (I paraphrase slightly) that the back office is about analytics, the middle office is...
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