My kids gave me a new Union Jack wallet for Christmas, forcing me to answer the question in Capital One’s old adverts, “What’s in your wallet?” Capital One credit card (the advert worked!), personal debit card, business debit card, supermarket credit card, 2nd debit card, supermarket loyalty card, petrol loyalty card, 2nd supermarket loyalty card,…
Over the last 4 years we have seen the payments industry in “disruptive change”. Well established organisations have all been challenged by alternative players and all are moving through change cycle stages with varying degrees of speed and success. What appears to be most interesting now is that several of the established players are reaching…
Square payments – a device that plugs into an iPhone or iPad and turns it into a credit card terminal. Today this brainchild of Jack Dorsey’s is worth $3.25 billion having raised another $200 million in its fourth round of funding. To put that in to perspective Square is worth more than Hiscox ($3.1bn) the…
The UK is seeing something of a boom in mobile payments of late. Recently Barclays launched its Pingit smartphone app that lets UK users transfer up to £750 a day to family, friends and small businesses. With nearly half a million downloads its success surprised many and perhaps points the way for others with is…
Whereas various NFC research studies predict an amazing commercial future of NFC services, which may result in around 860 million NFC handsets being shipped worldwide and €110BN in payment value globally by 2015, the key question to success really is how the commercial quotes are going to be achieved in terms of operational and commercial…
There has been a considerable acceleration of change within the mobile market space where both the NFC enabled players (Google Wallet) and non NFC Players (PayPal / Square / I Zettle) continue to create the new flight path whilst the schemes, banks and processors play catch up. Banks are only now beginning to publish their…
At least two fundamentals created the previous “.com” era; Ideas abounded on radical ways to capture new opportunities converting to mega revenue and instant large corporations Money was cheap and readily available – the investment community had deep pockets and could raise cash readily and at low cost Despite today’s economic turmoil these circumstances are…