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YaaY. Kudos to 7-Eleven and Toshiba. Hope the trial is successful. This brings me one step closer to my dream product, which is a generic keyboard hologram that I can use from anywhere when I'm away from my computer.

Maybe it's only me but I just can't get used to the virtual keyboard on a smartphone for notes taking and other heavy duty typing workloads.

Going by the experience of UPI in India, Request to Pay is the #1 source of scams. I have been campaigning for removal of this feature and some PSPs have disabled it.

If Request to Pay stays in UK, Banks and PSPs must be entirely absolved of liability for APP Scam.

Such surveys would give the casual reader the feeling that BNPL caused Audrey to not have £40 for grocery shopping when, in fact, BNPL bailed Audrey out of starvation.

It was always hard being a bank. Looks like it's not any easier being a fintech. Wonder whatever happened to all those predictions that fintechs would save people from hidden costs and poor CX of greedy banks?

Oh, wait, I should know. I did conclude my 4 year old post Fintech Shouldn’t Stop Chanting The Disruption Mantra with the following prediction: "So the average customer shouldn’t expect fewer hidden charges and superior CX from banks because of fintech."

When FCA extended its deadline by six months last May, I wondered if SCA would become one more initiative to use the pandemic as fall guy to scale back or shut down. 

Hope this works better than TfL's ban on Uber in London. 

As predicted by WSJ a few years ago, here's yet another New Wannabe Disruptor Fintech posturing to disrupt an Old Wannabe Disruptor Fintech while Banks, the original target of Disruption, go laughing all the way to the, ahem, Bank!

After witch hunting banks with Open Banking, APP Scam, and other regulations for so long, I'm glad the regulators are shifting their focus to other industries. I wish they fulfill my long standing wish for mandating that Amazons and LinkedIns of the world to share customer data with banks and other third parties.

Nice post. From what I understand, you're tabling the possibility of banks selling cryptos. If so, here's my question: Retail investors cannot buy regular stock on a stock exchange (e.g. NYSE), so they go to a broker (e.g Ameritrade). But they can buy crypto directly on a cryptoexchange (e.g. CoinBase), so what exactly is the claim to fame of a broker (e.g. Robinhood) in selling crypto? By extension, of a bank? Do they offer any extra services or lower prices or whatever compared to a cryptoexchange?

Comprehensive post.

When I last checked a few years ago, "Carousel Fraud" was a big source of VAT fraud in EU. Any idea if it's still a thing?

Many years ago, Indian government also announced a mandate for e-invoicing via the portal of GST, the VAT of India. Any idea if the e-invoicing mandates have been actually enforced in Brazil and Mexico?

Keen to know the scope of "agreed parameters". Also whether these payments will be irrevocable, as A2A payments are by default or will provide some kind of dispute / chargeback mechanism for when the merchant pulls out an amount that the payor disagrees with. I'm guessing this will become a hot button issue sooner or later going by so much controversy over APP Scam where there is only one payment, the amount is known in advance, still payors are clamoring for redressal against scams.