Our good friends at Glenbrook summarised the final outcome of the Durbin process:
Eric Schmidt's very bullish comments about near-field communication (NFC) technology in the US retail market have got people talking about business models again.
Someone interrupted one of my rants against cash the other day by pointing out that in the last resort, cash is the only payment mechanism that society can depend on. Their trump card was ... [Continue reading]
Around the world, when faced with new products in the payments space, banks naturally crank up their innovation departments and produce super new products and services to wow customers back. ... [Continue reading]
France has been in the forefront of the NFC revolution, with an early commitment to cross-industry co-operation, considerable work on standards and models and an aggressive timetable for ... [Continue reading]