Cognitive dissonance: “Remittances”
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 [...]
11
03, 2015
14
12, 2014
Sign2Pay: the return of the signature?
(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 [...]
19
11, 2014
Snapcash: P2P payments with Snapchat app
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 [...]
26
10, 2014
CurrentC backers defying Apple-pay push
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 [...]
16
09, 2014
As expected: NFC iPhone exclusive to Apple-Pay
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 [...]
11
09, 2014
Will Apple-Pay prove to be a dud in EU?
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.
8
04, 2014
R.I.P. Mintchip?
Mintchip and cryptocurrcies urge us to better understand how money and payments relate. We have taken both for granted as separate topics; but they are like two sides of the same coin. Mintchip can provided useful insights in existing payment practices.
14
03, 2014
Bitcoin: „Look the emperor has no cloths!”
...you could miss the major contribution of bitcoin as it presses us to reassess the way we have been doing things for years where all those little and some bigger inconveniences build into the current payment industry have to be discussed again and seen for the real merit they have.
5
03, 2014
Will the „middle man” disappear?
The removal of the middle man function in an exchange based on the bitcoin protocol does not automatically lead to the disappearance of the companies (and their interests) performing these today. The middle man function will slowly but surely erode with the advent of the bitcoin protocol, the middle man of today (parties) will be the gate(way)keepers of tomorrow.
18
02, 2014
PSD2 PAAS gateway to MintChip or Ripple-like transaction networks?
Looking at a wallet based payment chain (P2P) the central pivot point is the wallet itself. The wallet needs to have the values available either in the wallet or immediately on call by a service provider. Euro’s – or any other currency for that matter – could be provided by a gateway provided per bank based on the PAAS conception.
14
02, 2014
Ripple: The “Ultimate Wallet” at todays standards
(Utopia Wallet Part III) (3 minutes reading time) In part II of this miniseries on Electronic Wallets I promised to have a look at the contours of the Ultimate “Electronic [...]
10
02, 2014
Apple bigger threat to Bitcoin then Russia, China and India?
Often antitrust is connected to behaviour in the disadvantage of competitors – and hence the dis-economies this brings for consumers – we should have a wider perspective at the (potential) negative impact companies have on society. Slowly but surely we should start looking at the disadvantages to society’s ability to collaborate as well.
31
01, 2014
Amazon’s foray into payments: a big melting-pot of concepts
(2 minutes reading time) Since having spend some early years of my professional life in a technical wholesale company I have been following the incredible developments of Amazon with great [...]
30
01, 2014
“Why was PayPal not invented in the EU?”
A long time friend who had just returned from a business trip to the USA to discuss various business development opportunities on two sides of the big point. He was wondering why certain types of innovation are typically initiated in the USA and not in the EU (or ROW). He pointed at PayPal as an example. I think I understand where his question is coming from and at first glance would agree to the gut feel expressed with this question that the conditions in the EU for innovation especially in payments are less favourable. But once you start thinking about it various inroads are possible:
28
01, 2014
Inevitable Apple wallet turns around the payments chain from payee to payer
(3 minutes reading time) When electronic wallets are discussed between people within the payments industry there always seems to be one big white elephant in the room: Apple. Intuitively many [...]
27
01, 2014
‘Coin’ aims to solve electronic card fragmentation
(1 minute reading time + 1 minute video) The outline of the Utopia Wallet aims to solve payment fragmentation both for Payers as for Payees. Coin has introduced a card [...]
22
01, 2014
Contours of the “Utopia Wallet”
(4 minutes reading time) Picking up the glove I threw in front of myself in my previous post on Clinkle to describe “the contours of the ultimate payment method” I [...]
20
01, 2014
What would be the contours of the ultimate electronic wallet?
(4 minutes reading time) Basically we only know a few things about Clinkle. Firstly it is a payments start-up based in San-Francisco promising “something that’s fundamentally different from everything else [...]
14
01, 2014
What is “digital money”? Or what is money in the digital age?
(4 min. read) FinExtra today covers the introduction of the MintChip in Canada: “Royal Canadian Mint demos digital currency.” Questions arise: why are we talking currency here? what is “digital [...]
22
11, 2013
Market efficiency of bitcoin trading still a long way off
My bitcoin wallet address Earlier this year I bought a fraction of a bitcoin. Getting a bitcoin wallet app (Blockchain) was easy enough. Getting it loaded with bitcoin [...]
15
05, 2013
Bitcoin transactions explained
To make bitcoin payments or receive bitcoins the payer and payee both need to have a bitcoin wallet (at a connected computer) at their disposal and the payer the necessary [...]
10
04, 2013
What is Digital Currency?
(This is part 2 of an article on crypto-currencies at Red Planet Dust. See for Part 1) Many call Bitcoin “digital money” but not all types of digital money are [...]
18
03, 2013
Bitcointipper: Bitcoin transactions made easy via Twitter
Whether Bitcoin will hit the mainstream still remains to be seen, but if it wants to it has to become much more easy to be set up and used. Setting [...]
6
03, 2013
Tokenization is fundamental shift: 4 corner model is dead
One of the cornerstones of my speech at the conference on the Future of Payments in June 2012 (Amsterdam), which I delivered on behalf of Enigma Consulting, was that the [...]
3
03, 2013
Bitcoins opladen via internet banking (iDeal?)
Een tijdje geleden laadde ik Bitcoins op mijn wallet d.m.v. een paypal betaling. Toen ik vandaag nieuwe Bitcoins wilde kopen kon ik via mijn portemonnee op blockchain.info bitcoins aanschaffen via [...]