Hi everybody.
This will be my last post for 2007. I’m off on my first holiday in three years and celebrating completion of my MBA with Honours.
I’d like to wish all my readers a happy and safe holiday period
Labels: offtopic
Admittedly a little unrelated to Mobile Payments and Banking, this story from the Wall Street Journal discusses a topic most people who play ice hockey eventually discuss: what if your goalie literally filled the net?
Saul Hansell over a the NY Times writes how Bill Me Later has been accepted by Amazon. Apparently it took seven years and a chunk of equity to get them to adopt the payment system. Bill Me Later only exists because of the automated systems for approving credit and the distrust or unwillingness to use [...]
Now this is good. Boils down to this: Deloitte says that mobile payment etc can’t really piggy back on existing bank based payment systems because the margins in the payment game are too slim. And where would the extra payment come from for the payment provider? The banks? The customer? I agree with Dave that [...]
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