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News, views and my insight into (and opinion of) the growing Payments Industry
Browsing All posts tagged under »Payments Industry«
Perhaps there is still too much diversity in the mobile payments industry for it to become a reality?
As I’ve written many times before: It is “the sheer number” of diverse, yet interdependent, mobile payment stakeholders in the United States that prevent any tangible advancement in making mobile payments a reality. Anyone who manages by consensus knows that the process is sluggish, messy and complex. And the more there is to lose, the […]
Wal-Mart et. al. need to stay out of the ACH rule making process–let me explain:
April 5, 2011
The last thing I want to see at the NACHA Board of Directors table is Wal-Mart–as noted in the article found below (copied for your reading pleasure from today’s American Banker). Directors of any organization have a responsibility to do what is in the interest of the organization, not push individual agendas. The concept that […]
Everything you read (about ACH risk management) may not always be accurate
August 25, 2010
Both NACHA and the Risk Management Group have done a lot of work to help create the subsequent rule changes that have reduced return item risk and volumes. So I did some investigation to understand how eGistics came up with their numbers and cross-referenced to the return numbers tracked and published by NACHA--the organization responsible for establishing and enforcing adherence to ACH rules.
February 27, 2012
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