Posts Tagged PayPal

  • Let’s have a debate about bank account portability

    Australia’s payments industry has dodged a bullet in the latest review of payment system reforms, but will need to continue to develop the EFTPOS scheme and M@MBO project if it is to convince the Reserve Bank to step away entirely from interchange fee regulation.Although the industry has revived M...

  • Payments the new competition battleground in banking

    Today’s announcement by Woolworths that it is to move into mobile telco services with Optus paves the way for the retailer to offer debit and/or loyalty card products via mobile devices. It’s no secret that Woolworths has ambition to issue more cards, and since it wound down its EzyBanking r...

  • Where’s your canary in the coal mine?

    Last month James Gardner inspired our audience of bankers at CXFS09 with one question: Does your institution have a canary in the coal mine?Gardner reminded us the landscape financial institutions currently operate in is defined by a vast threat surface. “Every single critical business line we hav...

  • Banking Review podcast with Jeff Carter

    Jeff Carter is a former Bank of America executive who founded the Centre for Future Banking with MIT in April 2008. Jeff is currently the CEO of Azigo, a start-up specialising in electronic identity management.Jeff recently visited Australia for Amplify, an internal innovation event run by AMP. I wa...

  • The future for payments – we’ll discuss it at BarCampBank

    If there’s one sector in banking that looks set to transform dramatically in the next few years it’s payments. The investors behind oneTXT and MoBank must agree, having gambled millions of dollars on start-ups seeking to capitalise on mobile and social network payments.The mobile & social ne...

  • Payments innovation stalls, starting with project MAMBO

    Australia’s payments industry is looking tired and second-class. It’s something we’ve written about many times, and an issue not lost on the Reserve Bank of Australia, which has done little to hide its concern over the industry’s lack of recent innovation.Now it appears another payments alte...

  • The importance of payments choice

    The Reserve Bank of Australia must surely be watching closely BPAY’s plan to develop a unique code for Internet banking users that would facilitate online payments.Both the RBA and the Australian Bankers’ Association are preparing to lodge submissions to the Australian Competition & Consumer...

  • PayPal vs Credit Cards

    Research from Nielsen Online has tagged PayPal as the most preferred online payment method in Australia and the UK. There are more than 141 million PayPal accounts worldwide. In 2007 more than $47 billion in payments were processed by the service. There are also more than 100,000 websites worldwide ...

  • PayPal mobile coming soon

    PayPal is gearing up to launch mobile payments in Australia. “There’s more mobiles than people in this country” says PayPal head of marketing Marcelo Silva. And he says based on the group’s research mobile payments are something consumers are excited about.Silva told the audience at Online B...