McKinsey were the organisation that told AT&T that there was no future in mobile telephony in 1987, so they eventually went out of business (AT&T today is the rebranded Southern Bell who bought the AT&T name for a song). Impossible to believe anything said by McKinsey since.
22 Oct 2019 16:53 Read comment
First, my laptop has far better security than my phone and for banking this is extemely important. Second, most apps farm information from your phone and I seriously object to this. Third, I do not use my bank account often enough to warrent needing it on my phone.
17 Oct 2019 08:30 Read comment
You seem to assume that the losses accumulate to the retailer. This is not always the case. I had three transactions declined, each with retailers that I had done busness with a number of times before, including one where I was present. I finally worked out that it was the card processor, VISA, that was declining the transactions, rather than the retailer or the card issuer, Nationwide. As a result, I stopped using the card and put it to the back of my wallet. I now use Mastercard for 95% of my transactions and never have a problem, including buying international airline tickets on-line and large ticket items on-line.
11 Oct 2019 10:02 Read comment
When Vista acquired Misys it proudly stated that it had never sold any company in it's portfolio in the 14 years since it had been founded. Since then, it has twice tried to sell Misys and failed. It then merged it with D+H and is now trying for a third time to unload it's investment. Third time lucky?
07 Oct 2019 15:12 Read comment
I have 12 loyalty cards in my wallet and at least another 24 retailers that I do business with that I do not have loyalty cards with. I also bank with more than one bank and have savings with more than one institution. I do not want 30 apps on my phone, with each app able to farm information from my activities.
07 Oct 2019 13:38 Read comment
So I have to have one digital wallet per retailer that I engage with? It is why I use PayPal, just so that I do not have to do this.
03 Oct 2019 09:13 Read comment
No mention of some of the world's largest economies - such as the US and Germany. They are unlikely to be cashless in 50 years, let alone the four years estimated for Sweden.
30 Sep 2019 02:23 Read comment
An excellent analysis. In addition, several economies larger than the UK remain strong users of cash - the US and Germany to name just a few.
30 Sep 2019 02:13 Read comment
It is difficult to take this article seriously when an early statement is 'Crypto currency could soon make paper currency a thing of the past'. I have no doubt that crypto currency will be used by a small minority of people, particularly those engaged in unlawful activities, but not as a mainstream currency. Paper currency is under threat from electronic payments, but not crypto currency.
05 Sep 2019 08:20 Read comment
I find it ironic that this page is sponsored by Amazon Web Services, since it was their firewall that was breached.
29 Aug 2019 17:12 Read comment
Jonathan DuffyManaging Director at Netclearance Europe
Brian SummerhayesManaging Director at Mr
Den BurykinManaging Director at Fastlane Solutions
Maryna ChernenkoManaging Director at UFG Capital
Jason HarrellManaging Director at DTCC
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