Some IT vendors and banks are starting to think of PayPal and other non-bank providers as a friend rather than a foe. This is a good idea, and one which we have proposed 2 years now in our research (Gartner client access only):
• PayPal and Google Checkout Show the Way for Banks’ Payment Operations
• Nonbank Payment [...]
PayPal as a Friend Rather than a Foe (Good Idea)
November 6th, 2009 · No Comments
Tags: Uncategorized · payments
Is Now the Right Time to Take On PayPal ?
February 25th, 2009 · No Comments
Alistair Newton here. With numerous parts of the global financial services industry suffering at the hands of sub prime, credit crunch and general evaporation of customer confidence, for many their carefully laid strategies and plans are being replaced by short-term tactics focused on survival. So its refreshing to see that amongst this scramble, some financial [...]
Tags: payments
Happy Birthday to the Check: The PayPal of 1659
February 17th, 2009 · 2 Comments
Stessa Cohen here. President’s Day in the US may not be the exciting holiday one wants in mid-February. Here’s another cause for celebration:
According to Silicon.com
The venerable paper cheque celebrates its 350th birthday next week, although the prospect of the payment method celebrating many more is diminishing.
According to the Cheque and Credit Clearing Company (CCCC), the industry [...]
Tags: operations · payments
Non-Bank Payment Providers will Supplant Banks
February 9th, 2009 · No Comments
Christophe Uzureau here. By 2013, nonbank payment institutions will supplant banks and become the payment solutions for online social networks.
Amazon Payments, Moneybookers and PayPal are nonbank payment solutions involved with conversational media, such as blogs and social networks. They are using online communities and social networks to offer:
Client services and marketing – One example is [...]
Tags: payments
From Shopping Carts to Investment Portfolios…the Value of Payment Information
November 6th, 2008 · No Comments
Christophe Uzureau here. We are seeing more and more use of payment information, or payment information combined with other data sources, to support business decisions and provide input into economic indicators. This is especially important at a time when existing indicators are failing to capture the complexity of consumer and business sentiment. The transition to [...]
Tags: Uncategorized