Nick Collin - Collin Consulting

1. Apple Pay takes off: (Opinion Articles); ... new product. One of the things I like about Apple Pay is that it is firmly based on EMV chip technology. The same principles which make EMV chip cards secure also underpin the security of Apple Pay. ...; Created on 10 April 2015
2. Dynamic Currency Conversion: (Opinion Articles); On a recent skiing holiday I took the opportunity to research the murky subject of Dynamic Currency Conversion (DCC) applied to card payments abroad.DCC is a service which some merchants offer to foreign ...; Created on 16 April 2013
3. Display Cards and Mobile Wallets: (Opinion Articles); Since I first wrote about Display Cards in this column in June 2011, the technology has been enthusiastically embraced by banks and their customers all over the world.Last year Standard Chartered Bank ...; Created on 14 March 2013
4. EMV Chip in the US – the Case for Offline PIN: (Opinion Articles); ... standard supports both methods. “Online PIN” involves encrypting the PIN and sending it back to the issuer for checking. “Offline PIN” involves checking the PIN against a copy stored securely on the card ...; Created on 16 February 2013
5. E-Commerce Payments – “Push” versus “Pull”: (Opinion Articles); ... online banking service and arranges for a credit transfer to be made to the merchant. This is in contrast to the more familiar “pull” payment model where the merchant uses the buyer’s card payment details ...; Created on 21 January 2013
6. Mobile Terminals: (Opinion Articles); There has recently been a flurry of announcements about “mobile terminals” – adapting a mobile phone so that it can accept card payments. This has always struck me as a much more realistic proposition ...; Created on 21 December 2012
7. Mobile NFC RIP?: (Opinion Articles); ... terminals, but 5 years after its introduction, contactless payment volumes remain disappointingly low. I estimate the total number of bank card contactless payments in Europe last year to be about 100 ...; Created on 10 July 2012
8. Digital wallets – making sense of the metaphor: (Opinion Articles); In an interesting, and I believe important development last month, both Visa and MasterCard announced digital wallet initiatives. Both Visa’s V.Me and MasterCard’s PayPass Wallet allow consumers to store ...; Created on 18 June 2012
9. ATMIA launches US EMV migration committee: (Opinion Articles); ... important issues were raised. Chief amongst these was the MasterCard EMV liability shift for inter-regional Maestro ATM transactions.It is perhaps not widely recognised that the deadline for this is April ...; Created on 09 May 2012
10. Telephone banking fraud: (Opinion Articles); In the current climate of indiscriminate banker bashing it is nice to see that one small part of the industry – UK payments – seems to be doing a good job. The UK Cards Association has reported that in ...; Created on 17 April 2012
11. Barclays Pingit: (Opinion Articles); ... for the registration process, which, I’m delighted to say, leverages chip and PIN in the form of a card transaction at either an ATM or using PINSentry (Remote Chip Authentication). This has already elicited ...; Created on 19 March 2012
12. Barclays Pingit ushers in mobile-to-mobile payments: (Opinion Articles); ... for the registration process, which, I’m delighted to say, leverages chip and PIN in the form of a card transaction at either an ATM or using PINSentry (Remote Chip Authentication). This has already elicited ...; Created on 09 March 2012
13. EMV Migration in the US – an Update: (Opinion Articles); ... countries to include added-value features such as remote chip authentication, contactless payment, and multi-account or multi-function cards from the outset. Three issues seem to me to be worth ...; Created on 14 February 2012
14. Predictions for 2012 – a contrarian view: (Opinion Articles); ... new stakeholders. Contactless payment volumes, whether via mobile phone or card, will continue to be disappointing. In the UK, the London Olympics may generate some renewed interest but mainstream ...; Created on 08 February 2012
15. E-Purse - time for a comeback: (Opinion Articles); The concept of an “e-purse” or “stored value card” was always a natural for smartcards. A pre-paid payment vehicle which could be issued to anyone, with electronic money in effect stored securely onthe ...; Created on 07 February 2012
16. Interchange fees and the law of unintended consequences: (Opinion Articles); At the heart of the card payments industry is the “four party model”, which, simply stated, works as follows. An acquiring bank charges the merchant that accepts a card payment a “merchant servicecharge”, ...; Created on 06 February 2012
17. Visa kick starts EMV chip migration in the US: (Opinion Articles); Visa’s announcement last month of measures to encourage US migration to EMV chip is hugely significant, not just for the US, but for the card payments industry worldwide. We can now realistically ...; Created on 05 February 2012
18. Extending EMV chip beyond banking and payments: (Opinion Articles); ... Excluding SIM cards, more than 1 billion smartcards are shipped each year, but of these, less than half are standard EMV chip payment cards. The rest are proprietary smartcards used in sectors such ...; Created on 04 February 2012
19. Online banking security – no easy answers: (Opinion Articles); ... – as seen on TV! For many years I’ve been a champion of Remote Chip Authentication (RCA) as an online banking and payment security solution. This involves using an EMV chip and PIN payment card ...; Created on 03 February 2012
20. Happy Birthday? The strange case of Faster Payments: (Opinion Articles); ... by HMRC for a “late” payment, made electronically on the due date, which was not cleared by HMRC’s bank for 3 days. To someone with a background predominantly in the card payments world, this ...; Created on 02 February 2012
21. Mobile NFC Payments – Reality or Hype?: (Opinion Articles); ... being rolled out to support payments using Visa PayWave and MasterCard PayPass cards. According to the UK Cards Association, just over 50,000 contactless terminals had been installed in the UK at the end ...; Created on 02 February 2012
22. New Perspectives on Delivering Retail Financial Services: (Archives); ... Product specialists, relying on a network of brokers and agents to distribute their product. Companies like Visa and Mastercard are good examples of Infrastructure specialists. There are few examples of ...; Created on 01 February 2012
23. Books and Other Information: (Resources); ... Drucker was the original management theorist and still the best in my view. Not many books have been published specifically about chip technology and smart cards but here's a couple: Multi-application ...; Created on 20 January 2012
24. EMV Chip Workshop: (About); ... and product development staff, as well as card specialists. Through presentations, case studies from the market, exercises and discussions, attendees are encouraged to explore how EMV technology can be ...; Created on 18 January 2012
25. The Post-SEPA Payments Landscape: (White Papers); ... smaller domestic processors are being replaced by larger pan-European processors which are able to leverage economies of scale. This is true of both card payments, with the increasing dominance of large ...; Created on 14 January 2012
26. EMV Chip Added-Value Applications: (White Papers); The global migration to EMV chip cards and terminals is finally complete in several countries, including the UK. There is now an outstanding opportunity for banks to leverage their investment in this ...; Created on 14 January 2012
27. Remote Chip Authentication: (White Papers); Online card payment authentication using the card schemes' 3D Secure protocol (SecureCode and VbV) is gaining traction and is helping to make online shopping more secure. But this still only represents ...; Created on 14 January 2012
28. Virtual Value Chains: (White Papers); ... are effectively Product specialists, relying on a network of brokers and agents to distribute their product. Companies like Visa and Mastercard are good examples of Infrastructure specialists. There are ...; Created on 14 January 2012
29. E-Trust: (White Papers); ... is where banks really come into their own, by virtue of belonging to an international banking community whose members trust each other and are used to participating in similar schemes (the card payments ...; Created on 14 January 2012
30. Training Services: (About); Working independently or with partners I develop and deliver training courses on the card payments industry, EMV chip, and technology innovation. I have developed a half day workshop on "Making the Most ...; Created on 13 January 2012
31. Partners: (About); ... Retail Banking Research Edgar Dunn & Co MasterCard Academy Accourt Risk DNA ...; Created on 13 January 2012
32. Consulting Services: (About); ... to grow their cards business and develop innovative new business propositions (see details). ...; Created on 13 January 2012
33. About Nick Collin: (Nick Collin); I am a management consultant with over 30 years experience of working at the intersection of banking and technology, mainly for clients in the card payments industry. I have particular expertise ...; Created on 13 January 2012
34. Display Cards – coming soon to a bank near you: (Opinion Articles); ... payment card has been enhanced by first embossing, then magnetic stripes, then chip technology. “Display Cards” may well be the next significant leap forward in this evolution. A Display Card ...; Created on 11 January 2012
35. RBR EMV Report: (RBR EMV Report); ... edition has been extensively updated and includes new chapters on display cards, mobile payments and the US migration to EMV chip. As such, it should be of particular interest to all US institutions ...; Created on 08 January 2012
36. Chip and PIN Online: (Opinion Articles); ... all debit card and 20% of credit card spending in the UK. This is of course great news for the card payments industry; or is it? Looked at another way, the share of e-commerce accounted for ...; Created on 19 June 2011
37. Full Biography: (Nick Collin); ... and worldwide, for example: A long term contract for MasterCard in Brussels, working initially for the European E-Business team and then for the Global Chip Centre of Excellence. Major projects have ...; Created on 18 May 2011
38. Short Biography: (Nick Collin); Summary Nick Collin is an experienced, independent management consultant specialising in the innovative use of technology, such as EMV chip cards, by the banking and payments industry. Through his ...; Created on 18 May 2011
39. Welcome: (Uncategorised); ... with an emphasis on strategic card payment issues, particularly related to EMV chip. Important Update: I have now retired and closed down Collin Consulting Ltd. However ...; Created on 01 January 2011

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