I have been looking at tradingview.com charts almost hypnotized for the last week, just to see this intriguing pattern developing before my eyes. While the rise of the bitcoin was [...]
What is the essence of a zero-sum game? Wikipedia: A zero-sum game is a mathematical representation of a situation in which each participant's gain or loss of utility is exactly [...]
In principle, you can use Bitcoin to pay for things electronically. Bitcoin turns out to be a clunky, slow, costly, and - due to its volatility - a very uncertain [...]
Since the meteoric rise of the bitcoin, and especially after it entered "black tulip"-type speculative territory in q4/2017, I have been asked multiple times by family members, friends and work [...]
Via Flipboard I read an article “Why we speak” from Mark Pagel writing for the The Atlantic on the crucial role of language in our ability to trade. It offers [...]
The last few days I have been listening to keynotes attending a European payments congress in Vienna, Austria. Among many issues presented against the use of the bitcoin - and [...]
When considering a new car you suddenly start seeing the car you fancy everywhere. There are not suddenly more cars of the particular brand and model driving around, but you [...]
From "add on" to being the platform. Via Finextra paypal's CEO Schulman: "Our vision for PayPal is to be the world's leading open digital payments platform. What that means is [...]
While traveling to Copenhagen yesterday I was presented by the POS-terminals the option to pay my taxis and restaurant bill at the airport in the locale Danish Krona or in [...]
Leo Lipis, chief executive and Colin Adams, senior consultant both of Lipis Advisors discuss their research on the wide range of regional payments projects and the factors behind successful integration [...]
I have been very quiet as of late on my pet subject “collaborability”, unfortunately. The subject asks for a serious amount of prolonged and heightened concentration to get back into [...]
The term "Disruption" is used often, as it is embedded in our contemporary vocabulary of fancy and popular management speak. It has a way of using broad terminology without being [...]
One of the main gripes by skeptics with bitcoin is its volatility, next to the fact that the “issuer” is not controlled by regular democratic structures. By linking the bitcoin [...]
Over the past few years one of the questions popping up regularly in conversations with clients and prospects at banks and processors all over Europe was: “is there a real [...]
Calendars are amongst mankind's most important standardizations. Taken totally for granted by most it allows us to place events on a commonly used and harmonized timeline. As a mechanism of collaboration [...]
(Part I in a series on behavioral biometrics) The various types of biometrics have been lingering above our networked societies as its continuous technological development promises secure, easy and cost [...]
(Prelude to a series on behavioral biometrics) Have you ever tried to create a signature on a touch screen or touch pad? You must have... With or without a stylus [...]
Snapchat and Square recently announced “Snapcash”. This service enables to exchange money directly between two persons (so called P2P: person to person) right from the Snapchat app prompt line. At [...]
One of the tidbits on Apple-pay is that every NFC enabled POS terminal - which accepts wireless payments from the big card processors - can accept Apple-pay. Once Apple-Pay is [...]
In my post earlier this week "Will Apple-Pay prove to be a dud in EU?" I stated that I expected apple to keep NFC exclusive to themselves. (via Macrumors) Cult [...]
Reading up on the latest developments in PAAS I experienced a very strong deja-vu feeling: the banks are not in a position, nor do they want to be apparently, to create a common interoperable standard together while true interoperability is critical to the success of PAAS. I have seen this happening all before with SEPA CSM interoperability (see Half-baked CSM interoperability, SEPA: a Missed Opportunity for True Payments Standardisation). Will history repeat it self again?
Apple-pay could become a major success in USA (urgency and market position apple) while at the same time could prove totally underwhelming in the EU.
Today in a bookstore just around the corner I was able to pay with my contactless debit card again. I directly continued my little user based survey. As it appeared the lady told me that it was new to her ("YES AGAIN!" I thought....) and she continued "until just 10 minutes ago, but since then I was already customer number 3 to pay this way". I tried to get to grips with this experience.
Everywhere, and literally every time I use the facility the employee behind the counter is total stunned that this capability exists and actually operational. Maybe 25% knew the facility was present the others did not even know it existed. If I may use the explanations of counterparts as survey input I have been the first to use it at every location without a flaw since early this year.
I have always wondered when the moment would come that I could pick up a phone and speak in my mother-tongue that would instantly translate into Mandarin Chinese while emulating my own voice and vice versa! Microsoft demoed a Skype call translating a conversation form German to English and back in real time.