All articles by Robin Arnfield
Robin Arnfield
Luup unveils universal m-payment solution at Sibos
Luup, amobile payment and financial service solution provider, has unveiled what it calls a universal mobile solution at Sibos 2011.
Building payments bridges
A number of small businesses are finding a niche working with retailers to penetrate e-commerce markets in countries where credit cards cannot easily be used online. Some are also expanding into the online business-to-business money transfer market and consumer e-remittance. Robin Arnfield reports.Several innovative companies are using internet technologies to offer lower-cost international transfers and payments than incumbents such as Western Union, SWIFT and multinational banks.Companies like Envoy, Earthport and hyperWALLET have all established networks of correspondent banks around the world with which they hold local currency accounts.
VIVOtech forging ahead
Contactless technology firm ViVOtech sees smart mobile devices as the future of point-of-sale payments. Robin Arnfield talks to ViVOtech president and founder Mohammad Khan about his plans for the future and the companys recent trials with near-field communication technology around the globe.
STP fast becoming a must-have for banks
Banks face growing demand from corporates for straight-through payments processing, concludes Aite in two recent in-depth studies Author of the studies, Nancy Atkinson, discussed with Robin Arnfield the implications this holds for banks and trends in bank and vendor responses to meeting the demand. Corporations want straight-through processing (STP) of business-to-business payments
Banamex targets youth with Blink
In a first-of-its-kind venture in Mexico, Banamex has launched Blink, a stand-alone internet bank replete with services designed to attract younger customers Robin Arnfield spoke to banking analysts to get their views on Blink and the potential in Mexico for the features it offers, including mobile access. Aiming to capitalise on potential in Mexicos young adult market, Mexican bank Banco Nacional de Mxico (Banamex) has launched Blink, the countrys first stand-alone internet-only bank.
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Small-town US at forefront of mobile NFC
As major players in the US mobile phone-based contactless payments arena search for common ground, Bling Nation has seized the opportunity to launch a solution aimed at community banks
Change is the name of the game
Canadas payments industry is set to change dramatically, driven by a radical restructuring of the cards sector, the emergence of PayPal as a significant alternate payments player, and a major refocusing by clearing system operator the Canadian Payments Association
A market being driven by innovations
In a series of interviews with Latin American market players and analysts, Robin Arnfield explores innovative developments being driven by the regions need to provide banking services to its unbanked millions Mobile payments and prepaid cards in particular stand out as areas with major growth potential. A lack of banking infrastructure has long hindered progress in Latin America but is today making this awakening economic giant a fertile ground for innovative payments technologies such as prepaid cards and mobile phone-based payments.
Open security door beckons criminals
Data breaches that cause huge financial and reputational damage are rising at an alarmingly pace with, in many instances, slack data storage security the primary cause Robin Arnfield spoke to security expert Sergio Pedro at PricewaterhouseCoopers who had harsh words for many payments industry players.Retail and commercial banks, electronic trading networks and brokerage houses are all vulnerable to data breaches, which result not just in financial losses but also in lost customer confidence and seriously damaged reputation This warning comes through clearly in a new study undertaken by professional services firm PricewaterhouseCoopers (PwC) titled Show me the money: Are cyber attacks damaging client trust to the breaking point?Indicative of damage caused by data breaches, shares in US processor Heartland Payment Systems plummeted earlier this year when news broke that it had fallen victim to what the federal Department of Justice called the single largest reported data breach in US history
Focus pays off for TIO Networks
Neglected by the formal banking sector, unbanked and underbanked consumers in the US represent a vast market A focus on meeting the needs of the unbanked and underbanked has rewarded TIO Networks handsomely, enabling it to shrug off the impact of the US recession