The Bankwatch

Tracking the consumer evolution of financial services

Posts Tagged ‘debit

German and French banks push ahead with new debit card scheme | Finextra

Not often we see a plausible alternative in the payments space from banks, but here is one in the works.

German and French banks push ahead with new debit card scheme | finextra

Bundesbank board member Hans Georg Fabritius told the conference that a Visa and MasterCard duopoly is “an unsatisfying vision” for political and economic reasons. However, he warned that while the French and German project, called Monnet, is “promising” it is only a concept and he would want other countries to join in.

Written by Colin Henderson

July 12, 2009 at 22:30

Posted in Debit cards, Payments

Tagged with ,

Tempo – decoupled debit card

I came across Tempo on Netbanker – they will be presenting at the upcoming Finovate.  Tempo are focussed on a space I have high hopes for – general disaggregation of banking services.  In the case of Tempo they are in the de-coupled debit card market, something Capital One dabbled in 18 months ago.

Not much detail, but their value proposition is one of customer loyalty points attached to the card.  While that is the obvious play, I remain convinced the power in this model will extend further.  I say this because loyalty points have a limited appeal to a certain group and feel additional value can be attached to the card to provided deeper and broader appeal.

For example, what if a decoupled card was attached to Wesabe?  Every transaction would be captured and analysed in the Wesabe eco-system.  No more downloading from online banking.

Anyhow, I digress … Tempo is one to watch.  The loyalty approach is a practical beginning to the de-coupled card.


Tempo is an entrepreneurial technology company focused on payments innovation. The company specializes in decoupled debit enablement.

Tempo is privately held and is headquartered in San Mateo, CA.

Written by Colin Henderson

March 29, 2009 at 23:07

Posted in Uncategorized

Tagged with , ,

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