moneyandpayments.simonl.org
Simon's blog on Payments and Money: Mount Gox tumbles off the learning-curve
http://moneyandpayments.simonl.org/2014/02/mount-gox-tumbles-off-learning-curve.html
Simon's blog on Payments and Money. In the Netherlands - Europe (SEPA) - the World. Thursday, February 27, 2014. Mount Gox tumbles off the learning-curve. Tumbling off the learning curve. This open source code approach has some advantages, among which a very speedy development of applications. Yet, we are for some time now witnessing what it means if systems lack a central authority or scheme manager. There is no entity taking responsibility and chasing users or companies because they don't abide...As a ...
moneyandpayments.simonl.org
Simon's blog on Payments and Money: Towards a more flexible approach of authentication
http://moneyandpayments.simonl.org/2014/01/towards-more-flexible-approach-of.html
Simon's blog on Payments and Money. In the Netherlands - Europe (SEPA) - the World. Tuesday, January 28, 2014. Towards a more flexible approach of authentication. In July last year, the European Commission published a proposalfor a revised Payment Services Directive (PSD). The proposal draws on the work of the SecuRePay forum of supervisors. And requires ‘strong customer authentication’ when a payer initiates an electronic payment transaction. The current approach in both the envisaged PSD and Recommenda...
moneyandpayments.simonl.org
Simon's blog on Payments and Money: Dutch central bank will strictly supervise banks / payment institutions that deal with virtual currencies (and companies)
http://moneyandpayments.simonl.org/2014/06/dutch-central-bank-will-strictly.html
Simon's blog on Payments and Money. In the Netherlands - Europe (SEPA) - the World. Tuesday, June 03, 2014. Dutch central bank will strictly supervise banks / payment institutions that deal with virtual currencies (and companies). Just one hour ago DNB, the Dutch central bank and bank supervisor, issued a warning on bitcoin. It was not the regular warning or disclaimer for consumers, but a warning for the payments industry. The current anonimity in virtual currency systems has consequences for banks and ...
moneyandpayments.simonl.org
Simon's blog on Payments and Money: The bitlicense: current state of thinking in New York
http://moneyandpayments.simonl.org/2014/02/the-bitlicense-current-state-of.html
Simon's blog on Payments and Money. In the Netherlands - Europe (SEPA) - the World. Wednesday, February 19, 2014. The bitlicense: current state of thinking in New York. A week ago, the New America Foundation organised a meeting ( Cryptocurrencies, the new coin of the realm. By Benjamin M. Lawsky, Superintendent of Financial Services, New York State Department of Financial Services (DFS). In Brussels (March 12-13). Open source code currencies and open source code regulation. The DFS-starting point is ther...
moneyandpayments.simonl.org
Simon's blog on Payments and Money: September 2014
http://moneyandpayments.simonl.org/2014_09_01_archive.html
Simon's blog on Payments and Money. In the Netherlands - Europe (SEPA) - the World. Friday, September 26, 2014. Lawsuit in the Netherlands on Bitcoin as 'money' or 'current money'. Since May this year, there is an interesting discussion here in the Netherlands on the legal status of Bitcoin as money. First law suit on failed bitcoin delivery. The discussion starts with a law suit. New law suit on status of bitcoin as money. A number of players in the Dutch Bitcoin community have chosen to challenge the a...
moneyandpayments.simonl.org
Simon's blog on Payments and Money: FCA kicks the Securepay-can down the road...
http://moneyandpayments.simonl.org/2014/04/fca-kicks-securepay-can-down-road.html
Simon's blog on Payments and Money. In the Netherlands - Europe (SEPA) - the World. Wednesday, April 23, 2014. FCA kicks the Securepay-can down the road. In March 2014, the FCA, the prudential supervisor for UK based payment institutions and e-money providers, outlined. That it would not be strictly assessing the compliance with the Securepay Recommendations on the security of Internet Payments. This announcement was quite interesting as in February 2014, the Forum also published an assessment guide.
moneyandpayments.simonl.org
Simon's blog on Payments and Money: Where and how to look for innovation in payments ?
http://moneyandpayments.simonl.org/2014/11/where-and-how-to-look-for-innovation-in.html
Simon's blog on Payments and Money. In the Netherlands - Europe (SEPA) - the World. Wednesday, November 26, 2014. Where and how to look for innovation in payments? 1 Is it access to the account or a traceable id that matters? My proposition here is that if we're all looking towards access to the account as the hot spot for innovation, we may be looking in the wrong direction. It might be more about the traceable id. 2 The retailers have landed in an interesting position. In his tomorrows transactions blog.
moneyandpayments.simonl.org
Simon's blog on Payments and Money: ECB provides outlook on retail payments in Europe at EPCA-conference
http://moneyandpayments.simonl.org/2014/03/ecb-provides-outlook-on-retail-payments.html
Simon's blog on Payments and Money. In the Netherlands - Europe (SEPA) - the World. Sunday, March 16, 2014. ECB provides outlook on retail payments in Europe at EPCA-conference. Pierre Petit, deputy director general (payments and market infrastructure) of the European Central Bank, has outlined the ECB’s views on European retail payments. He made his remarks at the EPCA Summit 2014. Where he defined the role of the European Retail Payments Board ( ERPB. The ERPB will aim to further stimulate the developm...
moneyandpayments.simonl.org
Simon's blog on Payments and Money: January 2015
http://moneyandpayments.simonl.org/2015_01_01_archive.html
Simon's blog on Payments and Money. In the Netherlands - Europe (SEPA) - the World. Tuesday, January 06, 2015. Reflection on almost 100 years of retail payments in the Netherlands. Competition on standards and technology. For the most part of the evolution of Dutch payments, there were differences in technology used. A first attempt to bridge these differences occurred after the second world war when a commission on the integration of giro traffic tried to bridge the bankers vs giro gap. This did...With ...
moneyandpayments.simonl.org
Simon's blog on Payments and Money: March 2015
http://moneyandpayments.simonl.org/2015_03_01_archive.html
Simon's blog on Payments and Money. In the Netherlands - Europe (SEPA) - the World. Wednesday, March 04, 2015. ECBs renewed virtual currencies report: implications for the Third Payment Services Directive. This week the European Central Bank (ECB) revisits the subject of virtual currencies (VCS) in a renewed virtual currencies report with a further analysis. I have read the publication with interest to discover that the previous position on the subject essentially remains the same:. Whereas at first sigh...
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