PAYX Industry News Archive
2011
|
The Future of the NFC Ecosystem
Whereas various NFC research studies predict an amazing commercial future of NFC services, which may result in around 860 million handsets worldwide and €110BN globally by 2015, the key question to success really is how the commercial quotes are going to be achieved in terms of operational and commercial business models.
m-Commerce accelerates
There has been a considerable acceleration of change within the mobile market space where both the NFC enabled players (Google Wallet) and non NFC Players (PayPal / Square / I Zettle) continue to create the new flight path whilst the schemes, banks and processors play catch up. Banks are only now beginning to publish their mobile strategy plans in response to this activity.
Payments Industry entering its own ".com" revolution?
At least two fundamentals created the previous ".com" era;
- Ideas abounded on radical ways to capture new opportunities converting to mega revenue and instant large corporations
- Money was cheap and readily available - the investment community had deep pockets and could raise cash readily and at low cost
Disruptive Change in the Payments Industry
For many years the payments industry has been largely stable and predictable; today the industry is changing at a pace never seen before.
Issue 15
Pick up any news feed recently published, and you will see how consumer demands for services like digital payments, has led to the need for enhanced knowledge across Mobile Payments, e-Commerce, Channels to Market and the re-platforming of core payments infrastructures.
Issue 14
Creating a Payments Infrastructure 'Fit for Purpose' readied to underpin Business Revolution
Continuing on from our last Newsletter, the mass industry disruption is causing world-leading banks to consider the challenges that face them in this ever changing payments arena.
Issue 13
Implementing your next 10 year Payments Roadmap; Effectively and Now.
We all know the world is changing rapidly and significantly. Almost all of us have a deep sense of eventual threat with a belief that if we don‘t adapt accordingly, at some point, then we will be disadvantaged.
Banks Must Retool Their Payments Businesses in Wake of Financial Crisis and Regulatory Changes, Says New Report by The Boston Consulting Group
2010
|
Issue 11
Mobile Banking/Payments stories are the core of the industry news this month, which perhaps is a good omen for 2011's activities. Mobile Banking/Payments in our opinion has now gone from the Innovation Stage through to Established, meaning that it will continue to grow and remain, and one day it will become Mainstream within the payments ecosystem.
Issue 10
PayX International CEO, Adrian Hausser attended the Wincor-Nixdorf Market Analyst Day alongside Gartner, IDC, Frost and Sullivan, DataMonitor Ovum, Retail Banking Research and 3 other analyst organisations. Hosted by the complete executive team, Wincor-Nixdorf presented the company, its history, performance, products and future vision
Issue 9
Clearly the expected market movement of Autumn is upon us. In this month‟s news we see two themes emerge. Firstly, mobile/“easy device” payments methods are hitting the news from many varied sources and angles. These range from new methods such as iPhone and Blackberry payments, through to the continual geographical emergence of pilots and major growth in places like Korea. The second theme is that more traditional mass methods are still gaining major traction...
Issue 8
Each regional market worldwide is actively transforming, so where does it all end up? All aspects of Payments are in transition; traditional business models questioned by governments/regulators, innovative players with new payment channels/technologies reaching mass and heading for the more traditional business segments, infrastructures underpinning many card processing businesses for decades needing mass change, and mergers and acquisitions gain speed absorbing complete segments and markets.
Issue 7
Welcome to the summer PayX Newsletter….while some activity certainly slowed due to normal vacations, it seems 2010 is yet another year where more is being achieved during summer than in the previous year. The apparent theme that seems to be emerging from the news during this period suggests: Are the new payments initiatives now reality or still too bleeding edge?
Issue 6
We are now half way through 2010 and we are delighted to say many of PayX‘s previous market predictions have come trueSome Banks have confirmed that the Card Business has overtaken the Retail Bank Business, e.g. In a recent Barclays Global Retail Banking investor seminar1 that in 2009 Barclaycard‘s Profit Before Tax contributions was 40% versus Barclays UK Retail Banking at 39%.
Issue 5
May brought PayX the pleasure and privilege of accepting an exclusive invitation to the 2010 HP Card Leadership Forum held May 17-19 May in San Francisco. PayX was one of just a few elite cards companies who presented and worked interactively with exclusive banks in this prestigious event and we are very proud to have been invited.
Issue 4
PayX had the pleasure and privilege of being in Madrid April 27 - 30 at the annual EBUG event presenting a summary of the current cards and payments climate and landscape. We presented an independent industry-experienced perspective on challenges that the banks, payment services providers and vendors are facing with the ongoing melee of vendor product change, market acquisitions and business and IT transference to outsourcing companies.
Issue 3
The cards payments world is ramping up like never before... M&A‘s, consolidation and technology change in just the past 2 years has left many quandaries and few definitive answers. The realisation is now quickly spreading worldwide that there is high risk and big spends coming for many of what was regarded as stable card businesses – all resulting in mass change in parallel over the next 3 – 7 years.
Issue 2
PayX leads cards industry conference workshops. PayX engaged in a significant role at the European Card Acquiring Conference in Berlin this past week, February 23-26 2010, through our close working relationship with Emperia, the conference organisers.
Issue 1
‘PayX-Discovery: Future-Proofing Card Acquiring Platforms’ at European Card Acquiring Forum 24th February 2010 - Berlin. PayX International is delighted to announce two half day deliveries of its‟ Industry-leading Workshop entitled „PayX-Discovery: Future-Proofing Card Acquiring Platforms‟ during ECAF 2010.
