How to achieve safety in payments

The technological opportunity in payments

In the old days, the field of payments was inextricably interlinked with banking. Money was only held in bank accounts; the only way to move money around was through banks.

Advances in computer technology coupled with financial innovation have changed all this. Banks are no longer the only game . . . → Read More: How to achieve safety in payments

Watching markets work: Bad move, Nokia

I have long marveled about how quickly the world of mobile phones has rapidly moved through four paradigms. My first mobile phone was a Nokia and they seemed to rule. But then Blackberry won because Nokia did not get the importance of email. And then Apple won because Blackberry did not look beyond email. . . . → Read More: Watching Markets Work: Bad Move, Nokia

Interesting Readings for March 3, 2010

Vikas Bajaj in the New York Times on privatisation in India. I had recently written a blog post on India’s foolishness on visa rules for people coming into conferences. Siddharth Varadarajan has a great opinion piece on this in the Hindu. In sensible countries, there is no such thing as a `visa for . . . → Read More: Interesting Readings for March 3, 2010

U.S. Telecom Providers to Purchase and Innovate More in 2010

U.S. telecom and cable operators are likely to increase their capital expenditures this year according to estimates from Avian Securities.

In a research report released last week the firm estimates that telecom service providers will increase their spending by 1.5% to $57.7 billion.

Avian estimates that the largest spenders will be AT&T Inc. (NYSE: . . . → Read More: U.S. Telecom Providers to Purchase and Innovate More in 2010

Grassroots Strategy for Mobile Phone Based Payments, Sighted in Africa

Today’s mobile phones are as powerful as the computer used in Apollo 11 for the moon mission. So how can India’s 400 million-plus mobile phones/NASA computers transform access to finance?

Many people have been talking about the potential of mobile phones to revolutionise payments and ultimately consumer finance. Chapter 3, `Broadening access to finance’, . . . → Read More: Grassroots Strategy for Mobile Phone Based Payments, Sighted in Africa