Interesting note sent to me from Nelson Eduardo Pereira today, who spotted that Facebook are offering a currency. It's not a real one, just swapping credits, but it's a start. The service builds on the gift services in Facebook. These gift services have been tracked by Lightspeed Ventures for a while now and estimated to…
Interesting note sent to me from Nelson Eduardo Pereira today, who spotted that Facebook are offering a currency. It's not a real one, just swapping credits, but it's a start. The service builds on the gift services in Facebook. These gift services have been tracked by Lightspeed Ventures for a while now and estimated to…
I was pleased to hear about the progress of MoBank, the UK’s first mobile-only bank, which launches in May. It’s not a fully fledged bank yet, like Jibun Bank, as it’s starting out as a convenient way to buy things through an iPhone and designed for young adults. So it doesn't have all the transactional…
Blogging about Twitter in January and February identified it as a new, social networking focal point, due to the rapidly growing numbers of fans of their service. Now there are many folks asking questions about Twitter, as it gains momentum. For example, in the last few days, Paul Penrose at Finextra asks: "What’s the point…
This is the sixth post in a series about why banking will be free (you can find Parts One, Two,Three, Four and Five if you want to). In this area let's get into collaborative technologies and, more specifically, collaborative competition. It seems like an oxymoron to talk about collaborative competition and yet for years we…
I haven't written much about SEPA, the Single Euro Payments Area, lately because there's not been much to update although the last time I did, I asked the question: "Are SEPA and the PSD completely broken?" However, there is now some news as I was with Gerard Hartsink in Hong Kong and Ruth Wandhofer in…
I haven't written much about SEPA, the Single Euro Payments Area, lately because there's not been much to update although the last time I did, I asked the question: "Are SEPA and the PSD completely broken?" However, there is now some news as I was with Gerard Hartsink in Hong Kong and Ruth Wandhofer in…
MasterCard PayPass just issued their 50 millionth contactless chip card at the end of 2008. It's a bit of a milestone as that doubles the number of PayPass contactless cards in circulation in just one year, and supports the recent conclusions of a BAI Study in the USA which finds cash rapidly reducing at Point-of-Sale….
Talking about knowing where and who the customer is, I attended a fascinating discussion earlier in the week. We were brainstorming security, trust and protection of critical financial infrastructures and had a variety of breakout groups looking at different aspects of such systems. The breakout group I joined started with a scenario of the near…
Talking about knowing where and who the customer is, I attended a fascinating discussion earlier in the week. We were brainstorming security, trust and protection of critical financial infrastructures and had a variety of breakout groups looking at different aspects of such systems. The breakout group I joined started with a scenario of the near…
