Nick Collin - Collin Consulting

1. Apple Pay takes off: (Opinion Articles); Now that the dust has settled after its launch, reliable evidence is emerging that Apple Pay is a success. Collin Consulting partner Auriemma Consulting Group (ACG) has launched Apple Pay Tracker, ...; Created on 10 April 2015
2. Breaking up is hard to do – Part 1: (Opinion Articles); ... banks. As an industry professional, I must admit to a sneaking admiration for this bank’s unsentimental approach. It is well known that most banks actually lose money on many if not most of ...; Created on 23 June 2013
3. What exactly is Bitcoin and should we care?: (Opinion Articles); What to make of Bitcoin, the digital currency which has been all over the news recently, and should we take it seriously? Invented by one Satoshi Nakamoto, whom nobody has ever met and who has now ...; Created on 04 May 2013
4. Display Cards and Mobile Wallets: (Opinion Articles); ... of e-banking and e-commerce transactions. All of these are MasterCard cards and all use technology developed by NagraID Security. This company’s website now boasts an even more powerful product, a “2nd ...; Created on 14 March 2013
5. EMV Chip in the US – the Case for Offline PIN: (Opinion Articles); ... impression one year later is that most in the industry now accept this argument.However, the debate appears to have moved on to whether PIN verification, if used, should be “online” or “offline”. The EMV ...; Created on 16 February 2013
6. E-Commerce Payments – “Push” versus “Pull”: (Opinion Articles); ... immediate, irrevocable payment. Moreover, the merchant service charge is typically advertised as being significantly lower. The best known OBeP service is probably iDEAL, which has been highly ...; Created on 21 January 2013
7. Mobile Terminals: (Opinion Articles); ... which has refused to accept iZettle payments in some markets. Although iZettle is now offering a workaround involving SMS messages and manual entry of the card details, it sounds rather clunky. ...; Created on 21 December 2012
8. Leave the Payments Council Alone: (Opinion Articles); ... Anyone with any knowledge of payments at all knows that cheques are inefficient, expensive, insecure and obsolete. After a long period of detailed analysis the Council sensibly announced a plan for cheque ...; Created on 20 November 2012
9. Bashing Bankers, Part 2 - Barclays: (Opinion Articles); ... now decided to dismantle the excellent Payments Council – a classic case of fixing what isn’t broken. The Libor scandal at Barclays, on the other hand, is a much more serious and shocking development ...; Created on 20 September 2012
10. Bashing Bankers, Part 1 - RBS: (Opinion Articles); ... as a whole. Anyone who has any experience of large IT systems knows that occasional failures are a fact of life. The RBS failure seems to have been caused by a toxic combination of ancient legacy systems ...; Created on 16 August 2012
11. Mobile NFC RIP?: (Opinion Articles); Regular readers will know I just don’t “get” mobile NFC. I’m talking here specifically about using a mobile phone for face-to-face payments at a physical POS via a contactless Near Field Communication ...; Created on 10 July 2012
12. Digital wallets – making sense of the metaphor: (Opinion Articles); ... of which now hold my card details – illustrating once again the triumph of convenience over security concerns! The metaphor here is not so much with a wallet as with an acceptance mark. Whatever ...; Created on 18 June 2012
13. ATMIA launches US EMV migration committee: (Opinion Articles); ... dollar losses if no upgrades occurred? I don’t know but my guess is a lot, and rising rapidly. According to the European ATM Security Team (EAST) ATM Fraud Analysis Report published in July last year, ...; Created on 09 May 2012
14. Telephone banking fraud: (Opinion Articles); ... and it would be interesting to know if the technology is now up to the job, and if so, whether any banks are looking at this option again. Banking Automation Bulletin Article, April 2012, by ...; Created on 17 April 2012
15. EMV Migration in the US – an Update: (Opinion Articles); ... everyone now accepts that migration will occur, sooner or later, one way or another. But there is no obvious consensus on what form it will take, when it will happen, or who will drive it. A great deal ...; Created on 14 February 2012
16. Interchange fees and the law of unintended consequences: (Opinion Articles); ... powerful merchant lobby. In response, Bank of America have for now backed down and reversed their decision to charge a monthly fee, but my bet is that only means they will find another way to pass on ...; 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. Online banking security – no easy answers: (Opinion Articles); ... in a personal card reader to generate a one-time-password (see May Bulletin) and has now been adopted by several UK banks including Barclays, RBS/Nat West, Nationwide and the Co-op. It was therefore gratifying ...; Created on 03 February 2012
19. Happy Birthday? The strange case of Faster Payments: (Opinion Articles); According to a Payments Council press release on May 27 celebrating the third birthday of Faster Payments, 82% of all online and telephone banking payments and 64% of standing orders are now processed ...; Created on 02 February 2012
20. New Perspectives on Delivering Retail Financial Services: (Archives); ... by new technologies. Long ago, institutions only had to worry about the branch network. Now, branches have been joined by ATMs, telephone call centres, the Internet and mobile phones as increasingly popular ...; Created on 01 February 2012
21. Internet Banking and Web TV: (Archives); ... commentators have predicted that a mass market for on-line financial services will emerge once it becomes possible to access the Internet from TV sets (which is now possible, and expected to become the ...; Created on 01 February 2012
22. Books and Other Information: (Resources); ... difficult to read, but contains everything you need to know about the EMV chip standard. Websites and Blogs www.finextra.com Daily updates on banking and payments. www.gtnews.com Good payments ...; Created on 20 January 2012
23. EMV Chip Workshop: (About); Making the Most of EMV Chip Now that the EMV chip infrastructure is established in most developed countries, there are outstanding opportunities for innovative banks and other organisations to use ...; Created on 18 January 2012
24. Voice Verification: (White Papers); The technology now exists to authenticate customers over the phone using the unique physical characteristics of their voice, cheaply, easily and securely. When combined with automated speech recognition, ...; Created on 14 January 2012
25. Speech Recognition: (White Papers); Speaker-independent speech recognition over the telephone is now a commercially viable solution for automating routine call centre transactions. This technology can result in significant cost savings while ...; Created on 14 January 2012
26. E-Trust: (White Papers); ... Every bank should include e-trust services as part of its virtual world strategy. The phenomenal growth of e-commerce, now joined by m-commerce and soon no doubt t-commerce, ...; Created on 14 January 2012
27. Remote Chip Authentication: (White Papers); ... single-factor authentication. Meanwhile an increasing number of banks are using Remote Chip Authentication (RCA - also known as CAP or DPA) for secure online banking. The next logical development is to ...; Created on 14 January 2012
28. 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
29. White Papers Introduction: (White Papers); ... by remarkable advances in technology, we are in an era of outstanding business opportunities (but also threats) for banking and payments. Activities such as on-line banking and e-commerce are now commonplace. ...; Created on 14 January 2012
30. Display Cards – coming soon to a bank near you: (Opinion Articles); ... buttons for operating the display. Recent advances in terms of efficient LCD technology, super-thin lithium batteries, and robust manufacturing processes mean that Display Cards are now reliable and relatively ...; Created on 11 January 2012
31. Chip and PIN Online: (Opinion Articles); ... countries. In the UK, PayPal now accounts for a whopping 19% share, whilst in the Netherlands a form of bank transfer called iDeal is the most popular method with 40% share. This should be a ...; Created on 19 June 2011
32. 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
33. Opinion Articles Introduction: (Opinion Articles); ... posted below. They are also posted (with extensive comments) on the Banking Automation group site within Linked-In. I now write Opinion articles on an occasional basis and post them here below. ...; Created on 01 January 2009

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