Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Please note this sub-forum does not provide professional finance advice. You should seek advice from a licensed financial advisor. If investing please consider our affiliate links for new accounts: Sharesies or Hatch. To post in this sub-forum you must have made 100 posts or have Trust status or have completed our ID Verification



View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 
solaybro
608 posts

Ultimate Geek

Trusted

  #2884553 10-Mar-2022 20:17
Send private message

I've read that the banks are working on a bunch of things that make a service like this kind of redundant.

 

  • Real-time payment processing
  • Processing on weekends
  • Improved Meta data (e.g. better payment descriptions)
  • Using mobile numbers instead of bank account numbers (some banks already have this)

 


Affiliate link
 
 
 

Affiliate link: Norton 360 antivirus provides enhanced security for your connected devices, a secure VPN for online privacy, Password Manager, Firewall, SafeCam, PC Cloud Backup, Dark Web Monitoring, Parental Control, and more. An all-in-one cybersecurity solution backed by 100% Virus Protection Promise and 60 Day Money Back Guarantee.
Kyanar
3460 posts

Uber Geek

Trusted
Subscriber

  #2890895 23-Mar-2022 18:14
Send private message

Sounds like the banks are copying Australia's New Payments Platform. It's about time. If you think it will do away with services like Windcave's account2account and Poli, though, you're unfortunately mistaken. Businesses love those services because they have all the accounting system integrations so they don't have to reconcile payments, etc, and don't have to wear any chargeback risk or deal with trying to find out which customer made that $17.25 deposit with the reference "Topup". Unfortunately when one of the two main providers of "Man in the Middle as a Service" (POLi) is owned by the Australian Government, it's easy to see it as a legitimate service and it's no wonder this app went straight for it.


1 | 2 
View this topic in a long page with up to 500 replies per page Create new topic





News and reviews »

Belkin Screenforce Tempered Glass Screen Protector and Bumper - Apple Watch
Posted 15-Aug-2022 17:20


Samsung Introducing Galaxy Z Flip4 and Galaxy Z Fold4
Posted 11-Aug-2022 01:00


Samsung Unveils Health Innovations with Galaxy Watch5 and Galaxy Watch5 Pro
Posted 11-Aug-2022 01:00


Google Bringing First Cloud Region to Aotearoa New Zealand
Posted 10-Aug-2022 08:51


ANZ To Move to FIS Modern Banking Platform
Posted 10-Aug-2022 08:28


GoPro Hero10 Black Review
Posted 8-Aug-2022 17:41


Amazon to Acquire iRobot
Posted 6-Aug-2022 11:41


Samsung x LIFE Picture Collection Brings Iconic Moments in History to The Frame
Posted 4-Aug-2022 17:04


Norton Consumer Cyber Safety Pulse Report: Phishing for New Bait on Social Media
Posted 4-Aug-2022 16:50


Microsoft Announces New Solutions for Threat Intelligence and Attack Surface Management
Posted 3-Aug-2022 21:54


Seagate Addresses Hyperscale Workloads with Enterprise-Class Nytro SSDs
Posted 3-Aug-2022 21:50


Visa Launching Eco-friendly Payment Solutions in New Zealand
Posted 3-Aug-2022 21:48


NCR Delivers Services to Run Bank of New Zealand ATM Network
Posted 30-Jul-2022 11:06


New HP Portfolio Supports New Era of Hybrid Work
Posted 28-Jul-2022 17:14


Harman Kardon Launches Citation MultiBeam 1100 Soundbar
Posted 28-Jul-2022 17:10









Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.