UK Finance is the wrong idea
Payments used to be a banking business. Now it is not, and the interests of the banks and the payments industry are no longer wholly coincident. The banks don’t own Visa and MasterCard any ... [Continue reading]
Author Archives: Dave Birch
World payments
Wow. One of my very favourite companies has always been Worldpay. They have a very special place in my heart because many years ago, when they were ... [Continue reading]
Sorting out sorting
Another waste of money is around the corner for the UK banking sector.
"Almost 1 million UK bank customers will be forced to have to use new six-digit sort codes… The ... [Continue reading]
At last, NDEF
#Cardmageddon in Woking
Well. How about that. You could have knocked me down with a feather. Blimey. And so on and so forth. Check this out...
Cards vs non-cards or cards and non-cards?
A payment scheme isn’t just a data switch that connects consumers, banks, merchants and retailers. If it was, there wouldn’t be any, because we’d all just use the internet instead. There are ... [Continue reading]
Kicking and screaming into the 1770s
You can’t say that London isn’t a fintech powerhouse and epicentre of the revolution that is forging a new financial services industry in the white heat of old technology. Wait, ... [Continue reading]
Canadian cash and credit
As I’m in Canada, I thought I might mention that a detailed investigation into the cost of payments at POS just [Continue reading]
Give the public what they want
Well, this is interesting. On the very day of Consult Hyperion's 20th (yes, 20th) annual Tomorrow's Transactions ... [Continue reading]
Does it matter if people tap their phones or not?
How are mobile payments getting on in the UK? According to the most recent figures from Transport for London, mobile phones now account for about 8% of their contactless transactions, so ... [Continue reading]