Mobile Commerce: Mass Usage Around the Corner?

This year’s iconic Mobile World Congress event in Barcelona, not only had the usual device releases but more significantly it had for the first time a wave of major mobile payments announcements. Probably the most active organisation was Visa, announcing key deals with Orange, Intel

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True Partnerships Gaining Momentum in the Payments Industry

Recent news reinforces that the Payments Industry is continuing towards a full blown disruption change cycle. Within this cycle massive opportunities abound, rule books are rewritten and unfortunately a trail of casualties are left by those who didn’t adapt quickly. Refreshingly this month, several leading

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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 NFC handsets being shipped worldwide and €110BN in payment value globally by 2015, the key question to success really is how the commercial quotes are

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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

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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. Historically industries such as Telecoms and Automotive have experienced very similar change described as “The Disruptive Change Cycle”. Essentially the dynamics of

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Creating a Payments Infrastructure ‘Fit for Purpose’ readied to underpin Business Revolution

Continuing on from our last post, the mass industry disruption is causing world-leading banks to consider the challenges that face them in this ever changing payments arena. Fundamental questions are being asked in relation to customer retention, innovative service provision and creation of a more

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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. PayX concurs; to a level we built

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Mobile Banking/Payments stories are the core of the industry news this month

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,

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Clearly the expected market movement of Autumn is upon us.

Currently we are seeing 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

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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

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