1.1a2

Monday, June 23, 2003

Supervisor fines retail store for attracting deposits

Het Financieele Dagblad reports that De Nederlandsche Bank (the central bank), in its role as a supervisor, has fined the company Euro Investment Services (EIS) for € 87.125 as it broke a rule in the supervision law that forbids attracting deposits. If it does not refund the money to consumers, another fine of € 900.000 applies.

The deal is that a computer appliance store, Mercurius, is unable to get funds from banks and uses EIS to attract working capital from the public. The public receive a monthly interest of 5 %.

See also the statement at the DNB-website.


Monday, June 16, 2003

It's all about non-voice....

Telecom paper states in a summary of a report on the Dutch Mobile Market:
Voice ARPU will grow from €30.7 in 2002 to €31.0 in 2003 rising to €32.3 in 2007, representing a CAGR of 1.0% and non-voice ARPU will increase from €2.7 in 2002 to €4.5 in 2003 rising to €15.4 in 2007, representing a CAGR of 35.9%.

Also found on the same website; the vision of Nortel (as explained during a conference in Amsterdam):
To develop revenue from data services, operators must move towards a more granular and dynamic value-based billing model which links charging information with varying types of content, applications, quality of service events, etc. that are used by their network users, whether they are signed-up subscribers, or on-demand users. For wireless data service providers, Content Based Billing (CBB), introduced by Nortel is a key step towards the value-based billing model.

and:
For wireless data service providers, Content Based Billing (CBB), introduced by Nortel is a key step towards the value-based billing model. CBB enables service providers to bill for basic access and for the varying types of content and applications over their wireless networks.

A clear indication that the future of pre-paid micro-payments lies in the non-voice domain and that its the mobile telco's that have a headstart (certainly as long as they're not properly being regulated).



Monday, June 02, 2003

PrePay Technologies becomes FSA regulated e-money issuer

This press realease by PrePay states that on 20th March 2003, PrePay Technologies Ltd was authorised by the Financial Services Authority to conduct the regulated activity of issuing electronic money within the United Kingdom.

The FSA-website shows that apart from PrePayTechnolopgies and Moneybookers (full e-money issuers) the small e-money institutions in the UK are:
-Crystal Blue Card Ltd
-Nochex Ltd
-PayHound Ltd
-Port Paye Ltd
-PPPay Ltd
-Sterling Origination plc
-Vodafone Ltd
-Vodafone Mobile Commerce Ltd



Bestuurders getoetst: 3 afgewezen

Nauwlettende lezers van het DNB-jaarverslag zien op pagina 125 staan:
Onderdeel van het toezicht is ook de toetsing van nieuwe bestuur-
ders bij een onder toezicht staande instelling.In 2002 zijn in totaal
483 bestuurders getoetst,hetgeen in drie gevallen niet tot benoeming
heeft geleid (tabel 5.2). De toeneming van het aantal toetsingen onder
de Wtk in 2002 hangt samen met de toetreding van enkele nieuwe
spelers op de markt, waaronder de aanvragen voor egi ’s.


Van 2001 op 2002 steeg het totaal aantal toetsingen van 414 tot 483:
-wtk toetsingen van 186 naar 238
-wtb toetsingen van 207 naar 102
-wwk/wgt toetsingen van 21 naar 143
Niet benoemd: van 1 naar 3.



Link naar meer algemeen weblog over betalingsverkeer

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