………..the second Consult Hyperion seminar on………. ………….. D I G I T A L … M O N E Y ……………. The Tower Thistle Hotel London March 8-9th 1999 in association with Financial Times Virtual Finance Report DEMOS E-Finance Forum with a keynote address by Sir Richard Body, M.P. and a special presentation by Tim Jones, Managing Director Retail Banking, NatWest. ………………Confirmed Programme………………… Day One: Economic & Business Issues Chair Duncan Goldie-Scot Editor, Financial Times Virtual Finance Report Keynote Address: European Multiple Currencies Sir Richard Body, M.P. Digital Money is a Social Issue David Birch, Director, Consult Hyperion. The European Digital Money Picture Dag Fjortoft, Deputy General Manager, Europay International. Telecommunication Service Providers as Payment Operators Norman Bishop, Product Manager for Micropayments and E-Cash, BT. Retailing and Digital Currencies Paul Arnold, Head of Tesco Direct. The European Mass Market: Digital TV’s Requirements for Digital Money Richard Cass, Transactional Commerce Manager, British Interactive Broadcasting Digital Money and Digital Phones: Europe’s Advantage Tim Baker, Wireless Marketing Comms. Manager, Gemplus Transforming Businesses with Digital Money John Noakes, Business Manager for E-Commerce & Supply Chain, Microsoft UK. Day Two: Regulatory & Technical Issues Chair Ian Christie Deputy Director, DEMOS A Legal Pespective on Digital Money in Europe Conor Ward, Partner in Computers, Communications & Media, Lovell White Durrant. A View from the European Commission Philippe Lefebrve, Head of Sector in Financial Systems, European Commission DGIII. The Technologies of Digital Money Marcus Hooper, Principal Payments Technologist, IBM United Kingdom. Visa and Digital Money Jon Prideaux, Executive VP New Products (EU Region), Visa International. Making Digital Money Work. Tim Jones, Managing Director of Retail Banking, National Westminster Bank plc. Experiences from an Operational Micropayment Scheme Nigel Moloney, Senior Manager in Emerging Markets Group, Barclays Bank. Mondex: A Status Report Victoria Mejevitch, Mondex Product Manager, Mondex International. The Common Electronic Purse Specification (CEPS) Daniel Skala, Executive VP for Sales, Proton World International. …………………Administration……………………. The detailed programme is on line at http://www.hyper.demon.co.uk/digmoney2.htm The seminar costs 995 pounds Sterling per person excluding VAT. The fee includes the seminar, documentation, meals, a cocktail party and various materials (books, CD-ROM etc). For further information or to reserve a place please contact Ms. Gill Louise Viccario, International Conference Bureau Tel: +44 (0) 181 858 3370 Fax: +44 (0) 1295 271700 ============================================================
Japan’s digital identity slow to catch on | GovInsider
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Japan’s national digital identity has only reached a third of its residents, a year after launch.
Out of 30 million cards, only 9.83 million have been distributed, according to Japan Times. One of the reasons for the delay was due to a series of computer glitches at the Japan Agency for Local Authority Information Systems, tasked with the production of the cards.
The system, My Number, allows citizens to access social security, tax payments, e-government services and health records.
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Digital transactions decline in January as cash crunch eases – Livemint
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According to provisional data released by the Reserve Bank of India on Monday night, the usage of debit and credit cards at point-of-sale (PoS) terminals has declined in January after peaking in December.
From Digital transactions decline in January as cash crunch eases – Livemint
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Are contactless cards putting your cash at risk? | The Independent
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UK Cards Association has declared that there have never been any confirmed reports of money being “stolen” from a contactless card while it’s still in the cardholder’s possession in the UK
From Are contactless cards putting your cash at risk? | The Independent
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Donald Trump plans new deal for Britain as Theresa May becomes first foreign leader to meet new president since inauguration
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A deal to reduce barriers between American and British banks through a new “passporting” system was being considered by Mr Trump’s team
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Top 5 payments trends for 2017 – Adyen
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Customer recognition plays a key role in understanding behavior, and delivering personalized services such as loyalty rewards, customized payment and delivery options, and targeted offers. And as more channels emerge, from messaging app purchases, to in-store queue-busting kiosks, cross-channel customer recognition becomes all the more important.
A key element of customer recognition is one-click payments.
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Money production cost rose 4.4. pct in 2016: BOK
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The cost of producing South Korean money jumped 4.4 percent in 2016 from a year earlier as the country printed more 50,000 won (US$42) bills, the central bank said Monday.
South Korea spent 150.3 billion won on printing bank notes and minting coins in 2016, compared to 144 billion won in 2015, according to the Bank of Korea.
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The bank said it would protect me, but I was still robbed of £51,000
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When it is so difficult for innocent customers to open bank accounts, why are so many opened by fraudsters?
From The bank said it would protect me, but I was still robbed of £51,000
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The Notaries Society
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A notary is a qualified lawyer whose task it is to authenticate documents and transactions so that they can be effective in countries outside England & Wales
Until 1533 notaries were appointed on papal authority by the Archbishop of Canterbury. Following the break from Rome, appointments continued to be made by the Archbishop of Canterbury – but on the authority of the Crown. The Archbishop’s jurisdiction was, and is, exercised through one of the oldest of the English courts – the Court of Faculties, now physically located at the Precinct adjoining Westminster Abbey in London.
From The Notaries Society
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POST Post-cash choices in India
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Unified Payment Interface, or UPI, provided by various banks could be considered safer than other modes in this respect. In case of UPI, one needs to enter only the Virtual Payment Address, or VPA, of the recipient, which is more secure and easy than sharing credentials such as account numbers and IFSC codes.
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According to provisional data released by the Reserve Bank of India on Monday night, the usage of debit and credit cards at point-of-sale (PoS) terminals has declined in January after peaking in December.
From Digital transactions decline in January as cash crunch eases – Livemint
I think, however, that there is some evidence that India’s transition to post-cash economy is real and that the electronic alternatives have traction. In true Clayton Christensen disruptive innovation tradition, I look to the less-regulated corners of the market and the margins of conventional products to uncover the next big thing. And here, I note, that not only are the red light districts responding to the new order by adopting mobile payments, but so are kidnappers.
The modus operandi of the criminals came to the fore with the abduction of 26-year-old resident of Indore, Harish Chouhan. After being released by abductors after recieving ransom through a PayTM account,
From Mathura kidnappers accept online payments – Vrindavan Today
Not Bitcoin, I note. So, I think that we can conclude that mobile payments do indeed provide a viable post-cash infrastructure but that early adopters of new payment technologies are responding positively to the challenges of the transition. All good news for us on the digital money side of the means of exchange fence.
Snippings 