UK payments regulation, open banking, FCA, PSR, scheme governance
News item topics are like buses – nothing happens for weeks or months, then everything happens at once. Following yesterday’s publication of the Phonepayplus annual plan and a market study, today Ofcom approved Phonepayplus’ 12th edition of its Code of Practice, which will become effective from 1 September 2011. For those not familiar with UK…
Phonepayplus, the UK’s premium rate services regulator, has today published: a Report on Emerging Trends in the Premium Rate Services Market; and its plan and budget for the forthcoming year. Report on Emerging Trends in the Premium Rate Services Market Phonepayplus commissioned the report from Analysys Mason and deals with services which are billed via a consumer’s telephone bill. The…
I’m chairing a session this afternoon on Mobile Money at the Digital Money Forum 2011. Should be interesting with the speakers being: Mark Hartley, American Express John Conlon, Barclaycard Elisabeth Berthe, Grameen Foundation The current session is looking at the way that cash is being replaced in different jurisdictions. Richard Johnson from Monitise is chairing…
When two companies merge, effective management of the integration of IT systems is often critical. When the systems in question control customer billing, and billing is subject to regulation, mistakes can be costly, not only in monetary terms but also in reputational damage. The Carphone Warehouse was founded in the early days of mobile telephony (when mobile phones were so bulky…
With exhibitors packing up their stands in Barcelona, this week has seen the launch by Apple and Google of payment services for on-line subscriptions. The two propositions are different, and in this post I’ll unpack the details. Taking them in turn: Apple Subscription Payments in Apps Store Used for the launch of News Corp‘s new online newspaper…
Sadly the watcher in not at Mobile World Congress in Barcelona this week, although from London it would seem that the volume of announcements is best perhaps filtered through the lens of distance. In any event through the magic of twitter #mwc hashtags it seems possible to get live commentary on almost any session without needing to…
Mobile money is a recurrent theme for the watcher. See the mobile money overview post and Apple’s incorporation of NFC into iPhone post. As anticipated, all the industry players are jostling for position and there have been a number of recent announcements by UK mobile operators. O2 announced in an interview with the Sunday Telegraph…