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PayPal to build a software developer community
...places. A PayPal spokesperson said it has committed to opening up to developers and PayPal X is now available. Gareth Lodge, analyst at TowerGroup, said: “It is an interesting move because if PayPal can get the right people to develop the... http://www.computerweekly.com/Articles/2009/11/03/238386/PayPal-to-build-a-software-developer-community.htm
Banks begin processing Sepa direct debits
...doing this. Banks can either become a Sepa processor or they can outsource their Sepa payments to another bank. Gareth Lodge, analyst at Towergroup, said if banks are to meet the Sepa requirements they will need to invest heavily. "They... http://www.computerweekly.com/Articles/2009/11/02/238373/Banks-begin-processing-Sepa-direct-debits.htm
PayPal crashes leaving payments unprocessed
...businesses often use it because it is easy to set up and no formal agreement with a payment processor is required. Gareth Lodge, analyst at Towergroup, said he is not aware of any problems before. "Overall, its reliability is very good over... http://www.computerweekly.com/Articles/2009/06/24/236614/paypal-crashes-leaving-payments-unprocessed.htm
HSBC network failure meant no cash for customers
...several weeks. Identifying the cause of the outage will be difficult because ATM networks are very complex, said Gareth Lodge, analyst at Towergroup. "When you put your card in, it has to check it is valid and then go into a network to... http://www.computerweekly.com/Articles/2009/06/02/236260/hsbc-network-failure-meant-no-cash-for-customers.htm
RBS deploys software to cut debit card fraud and error
...previous payment - which could make errors and fraud less likely. "This is typical across the banking sector," said Gareth Lodge, analyst at TowerGroup. "As far as I know, no UK bank has a system that can do this because none has existed before... http://www.computerweekly.com/Articles/2008/04/04/230136/rbs-deploys-software-to-cut-debit-card-fraud-and-error.htm
Car rental firm improves online payment security
...services at Cybersource, said Hertz was using the service across Europe, but could use it worldwide if required. Gareth Lodge, analyst at Towergroup, said the Payment Card Industry Data Security Standard would drive more firms to adopt this... http://www.computerweekly.com/Articles/2008/08/29/232069/car-rental-firm-improves-online-payment-security.htm
Link and Voca to merge to tackle European payments market
...executive chairman. But if the new company is to be successful, it has some technical obstacles to overcome. Gareth Lodge, an analyst at financial services advisory firm TowerGroup, said, “The combined company is a giant in... http://www.computerweekly.com/Articles/2007/03/06/222223/link-and-voca-to-merge-to-tackle-european-payments-market.htm
Faster Payments Service processing almost 250,000 payments each day
...technology that enables them to support FPS and manage an inevitable increase in attempted fraud. Towergroup analyst Gareth Lodge said whenever you make a change fraudsters will find loop holes or ways of exploiting it, but he said that "banks... http://www.computerweekly.com/Articles/2008/08/18/231851/faster-payments-service-processing-almost-250000-payments-each.htm
Faster Payments hit £14bn but set to explode
...stages. FPS was available for telephone and internet payments at the end of May and for standing orders from6 June. Gareth Lodge, analyst at TowerGroup, said the introduction of the Faster Payments Service was very challenging because VocaLink... http://www.computerweekly.com/Articles/2008/11/26/233586/faster-payments-hit-14bn-but-set-to-explode.htm
Faster bank payments ready to roll
...put their internal IT systems and processes under pressure and they will need ensure their IT systems are ready. Gareth Lodge, analyst at TowerGroup, said businesses might not be able to benefit from faster payments if their enterprise resource... http://www.computerweekly.com/Articles/2008/04/24/230424/faster-bank-payments-ready-to-roll.htm
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Bacs approves Experian gateway for faster payments
...Payments Approved Software Scheme to ensure they are able to gain maximum benefit from the new Faster Payments Service." Gareth Lodge, Regional Research Director, TowerGroup, said, "Automating payments has always been a key priority for corporates... http://www.finextra.com/fullpr.asp?id=29409
Post no bills | Banking Technology magazine
Sepa adoption 'could take five years'
Fundtech and Microsoft Introduce SEPA Integration Suite to Consolidate SEPA and Legacy Payments (GlobeNewswire)
Fundtech and Microsoft Introduce SEPA Integration Suite to Consolidate SEPA and Legacy Payments
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Fundtech and Microsoft Introduce SEPA Integration Suite to Consolidate SEPA and Legacy Payments
...but it seems likely that a significant number of banks will still miss the November 2009 deadline for SDD,” said Gareth Lodge, regional research director at TowerGroup. “As a result banks not only have to be compliant but have solutions that... http://www.microsoft.com/presspass/press/2009/sep09/09-13SEPAPR.mspx?rss_fdn=Press%20Releases
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