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Good shout Kim and equally relevant too.

Thanks Ketharaman. Agreed.

Note: A special note of thanks to resident FinTech expert in Singapore (Shailendra Malik) for providing the URL's. For those who are interested Shailendra runs a regular meet up group in Singapore: http://www.meetup.com/Singapore-Future-Commerce-Meetup/events/233303668/?rv=ea1&_af=event&_af_eid=233303668&https=off Pls feel free to join him, myself and a group of enthusiastic FinTech professionals.

An interesting read Chris as was your previous post.  I believe we need to let the dust settle first before realising the full impact of this decision by the British people.

This would be a great move for Singapore, P2P payments are extremely popular but mostly driven through banking applications as well as the telcos, rather than 3 party providers.  DBS PayLah for example is a popular choice amogst locals.  I believe Monetary Authority of Singapore (MAS) can learn the lessons from Paym's example in the UK.  I did use Paym in the UK through Nationwide, the concept was a good but as Mike Doyle above in his comment states, the original mandate and scope of Paym was porrly conceived.