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Calling payment industry experts for help, as I am at a loss here. Overseas cardholders from several countries can do “tap & PIN” in the UK to make payment transactions above the contactless floor limit. I can do “tap & PIN” in some EU countries with my UK-issued contactless bank card to make a payment above the contactless floor limit. But...
23 February 2017 /payments
Henry Hilska Managing Principal at Convexity Solutions
So, what happened to banking and how did it go from being among the leaders in the development and implementation of technology to the image of being too big and too clumsy and the target of many, smaller and nimbler tech start-ups? There are a few explanations for this including that the image that is portraited in much of the tech media is neit...
05 January 2017 /payments
Michael Carter CEO at BizEquity
What is a business actually worth? Although it is deceptively simple, this may be the most important question you can ever know as a business owner or an advisor. Despite this, the vast majority of business owners have no idea what their businesses are actually worth. In fact, only 2% of all businesses around the world have valued themselves prope...
18 August 2016 /startups
A highly trending and often-heard topic in the financial world is FinTech. And not surprisingly, since the very concept is based on employing disruptive technology to the challenges of the financial world, often considered as having the conventional way of doing things. While there is no denying its popularity amongst all and sundry, a recent offs...
14 July 2016 /regulation
Abhishek Chatterjee Managing Partner at Gartner Inc.
This year's SIBOS hosted in Singapore was a wakeup call for all the transaction banker to focus on redefining value delivered to customer. An excellent keynote from Piyush Gupta, CEO DBS group stresses on the fact that Asia is transforming from factory of the world to market place of the world. He also, emphasised on how Digital technology is cha...
30 December 2015 /sibos
With the rapid advancement of technology in developed countries, we run the risk of creating a Digitally divided society. In one hand Nexus of forces (SMAC) & IoT are changing the urban life like never before, in the other hand section of developing (mostly rural) and under-developed counties have minimum or no access to Digital Technologies a...
06 June 2015 /payments
When Aneesh Varma, a successful entrepreneur, came to this country from the United States eight years ago he landed on British soil with zero financial credibility. Banks wouldn't give him the time of day so securing a loan or credit card was impossible. Aneesh, who's moved from country to country growing up, knows first-hand the effects of credit ...
02 February 2015 /retail /startups
In my brief meeting with Blockchain.info’s Nic Cary I get the impression that he is a careful man. As co-founder of one of the world’s most popular bitcoin wallet providers, recently involved in a high-profile security issue, he has reason to be careful, I imagine. Just after midnight on December 8, Blockchain.info’s development team made a mista...
21 January 2015
The majority of startups I meet with are run by young, over-enthusiastic twenty-somethings. They pile in their hopes and dreams to become the next Zuckerberg - it could end in a successful exit, but chances are it will end in failure. Bitnet is a startup that takes a mature approach towards the world of cryptocurrency. Launched in January 2014, th...
07 January 2015 /startups
If you are inclined to believe the closing party of Sibos is a little too heavy, too boozy and a bit silly, I implore you not to attend Slush. You might have a heart attack. Even considering the drunken-banker antics of Sibos after dark, I would still consider it a family-friendly affair in comparison to this 12,000-strong Nordic startup-madhouse...
08 December 2014 /startups
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