A new payments network…

A new payments network…

A new payments network…for a brave new world As mentioned in my previous blog there is much that is wrong with the existing payment networks, but it is always easy to criticise what others have done and rather more difficult to provide a solution to a problem. Let’s...
We need new payment networks…

We need new payment networks…

We need new payment networks…but we’re looking in the wrong places “The current payment networks available to the financial institutions around the world are no longer fit for purpose.” I think that this is a statement that has been generally agreed by all those...
PCI is not the answer…

PCI is not the answer…

PCI is not the answer… In the early 2000s when the internet was still young, Visa, MasterCard and the other major payment card schemes had a choice. They could create a system that made using credit/debit cards on the internet safe, or they could rely on the...