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.
Walking to the office this morning it struck me that the evolution of (physical) currency in relation to payments could show us the long term development of digital money as well: step by step the currency has been developing until at a certain moment in time the transaction will be done directly between the payer and the payee.
Question of the day (III) Let’s be honest; if a long time senior payments professional asks the title question after you have spend an hour explaining the significance of the [...]
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.
(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 [...]
The payments landscape is characterised by profound fragmentation, getting worse everyday. In payments, especially in Europe, regulators and banks have successfully tried to prevent fragmentation for decades. But the spirit [...]
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 [...]