TITLE

A Hub for New Channels

AUTHOR(S)
Adams, John
PUB. DATE
March 2011
SOURCE
Bank Technology News;Mar2011, Vol. 24 Issue 3, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the benefits of the expansion of payment service hubs systems using mobile, automated point-of-sale, and real-time payment channels. Celent's senior banking analyst Zilvinas Bareisis says that system configuration will be made easy after the expansion since it supports a centralized payment management. Meanwhile, IDC Financial Insights practice director Aaron McPherson stresses that the expansion will provide a large investment for it cannot generate revenue by themselves.
ACCESSION #
59436120

 

Related Articles

  • CONTACTLESS STICKER PILOT A SUCCESS, SAYS BLING, BUT WILL CONSUMERS USE IT.  // ISO & Agent Weekly;4/30/2009, Vol. 5 Issue 15, p7 

    The article focuses a test conducted by Bling Nation Ltd. regarding the use of its prepaid contactless-payment sticker, affixed to mobile phones to conduct purchase at the point of sale, by consumers in the U.S. According to the test report, nearly all the users found the activation process and...

  • Industry Moves One Step Closer To Mobile Contactless Payments. Bernabeu, Gil // Cards & Payments;Feb2008, Vol. 21 Issue 2, p48 

    The article presents the author's view on card issuers' moves to offer mobile contactless payment services. The author highlights the potential of the services to increase the number of card purchases; however, the services offer a more complex scenario because the payment application resides on...

  • The Benefits of NFC Chips Without the Actual Chips. Johnson, Andrew // American Banker;5/3/2011, Vol. 176 Issue 68, p1 

    The article reports on the outlook for near-field communication (NFC) technology to be used in smartphones for mobile payment systems. The success of point-of-sale payment systems such as Paypal Inc.'s Fig Card technology and ProPay Inc.'s Zumogo software which do not use NFC technology is...

  • Widespread U.S. Contactless-Payment Use Three To Five Years Away, Experts Say.  // CardLine;5/28/2010, Vol. 10 Issue 22, p14 

    Information about the topics discussed during the Smart Card Alliance's annual conference held in Scottsdale, Arizona on May 20, 2010 is presented. Payments-industry analysts discussed the reasons why contactless-payment use for low-value purchases has failed to proliferate in the five years...

  • Protect Data By Hiring Pros, Complying With Rules, Buying Insurance. Knight, Erik // ISO & Agent Weekly;1/8/2015, Vol. 11 Issue 1, p7 

    The article offers tips for securing mobile payments and mobile commerce. Topics discussed include the benefits of hiring third-party information technology professionals that provide data security services, the importance of following industry compliance and rules, and the merits of purchasing...

  • EMV Cards Still Prone to Payments Crime. Camp, Cameron // Americanbanker.com;1/14/2015, p1 

    EMV cards are moving payments security in the right direction. But if hackers tamper with the hardware or associated software on merchants' EMV-enabled equipment, they can silently spirit off customer data.

  • M-payments in infancy stage in China.  // Wireless Asia;Oct/Nov2007, Vol. 10 Issue 5, p12 

    The article reports on the status of mobile payment (m-payment) services for mobile subscribers in China. Research firm Maverick China Research has revealed that 25% of mobile users in the country have access to m-payment services, though less than 2% actually use the services. The research firm...

  • Mobile Payments Inheriting The Problems Of Contactless. Johnson, Andrew // CardLine;12/24/2010, Vol. 10 Issue 53, p28 

    The article focuses on the future of mobile payment, an alternative payment method which allows users to make payments by using their mobile phones instead of using credit or debit cards. Supporters of the new method believe that mobile payments along with contactless technology will change the...

  • Hypercom Enters Smartphone Card-Reader Market. Wolfe, Daniel // CardLine;4/16/2010, Vol. 10 Issue 16, p20 

    The article reports that Hypercom Corp. announced on April13, 2010 that it is planning to sell its two versions of card reader called SmartPayments Mobile. As stated, the products are made for merchants who want to accept card payments but does not have a fixed office location because of the...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics