Depending on which side of the fence you live, you might be about to uncork a champagne bottle or take aspirin. Zelle is the new payment solution in town in the US, that promises to be a Venmo (read: PayPal) killer! A cartel of 19 US banking institutions that is started by a startup called Early […]
With more and more advancements in the digital products we use every day, it’s no wonder the technology behind it has a shelf life of roughly 18 months. And with mobile technology at the forefront of this digital revolution, e-commerce and e-money have have become viable practices for those who understand their scope. So what […]
HK taking a shot at MAS (Monetary Authority of Singapore) to cradle more payment companies in HK? Source: First five companies licensed to offer stored value facilities in Hong Kong | South China Morning Post
Another brilliant read. Negative yield…. the new economics. George Orwell’s classic novel 1984 described a nation engulfed in continuous warfare. That dystopian vision is growing remarkably similar in the current economic reality Source: George Orwell’s ‘negative yield’ doublespeak portends another financial crisis brewing | Financial Post
A great read. If you want to get a better historical sense of the economic policies, Thomas Picketty’s Capital is a recommended read. Targeting inflation has been the solution to ongoing high inflation. But we are no longer living in that world, and economic policies are not infallible Source: The new normal: why we need […]
There was no doubt in anyone’s mind that Facebook would one day enter the world of payments. This was true when Facebook had 500 million users; it is true now when they have over a billion users. The confirmation came when a brilliant Mark Zuckerberg was able to poach the President/CEO of PayPal David Marcus […]
It was just a matter of time before Samsung Pay would enter the $1 Trillion Mobile Market – i.e. China. Apple Pay recently launched in China (about a month back. Read this excellent article by the Telegraph). Samsung which has a pretty strong presence in Asia, because of its low cost phones and a huge […]
The Quest to buy a Wallet Consider the following scenario. Your significant other asks you to go to the mall and buy her a new wallet. You browse through the various collections on display, examining the pockets, the size, the folds, the pouches, how many slots for cards, a transparent leaf for the placement of […]
Introduction Pakistan, no doubt, has potential when it comes to banking & payments. The ecosystem is developing, the market segment is ripe, the population numbers are high, yet, when it comes to financial products for purposes of e-commerce or m-commerce, the uptake is low. In order to better educate myself and others, I’ve taken an […]
Can Startups & Incumbents have access to Money Transmitter Licenses? Startups and incumbents who are in the payments space and would like to work in the US, sooner or later come face to face with the money transmitter license (MTL) obstacle. Depending who you talk to, the answers can be simple or a long drawn […]