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Max Excell

‎Senior Global Business Development Manager
GBGroup
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06 Aug 2014
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Followed by John Sims, Martha Boyle and 5 others you follow

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‎Senior Global Business Development Manager
GBGroup
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Latest opinions

Max Excell

How the UK will be the capital of digital currencies within the year

The recent 2015 budget was peppered with references to technology, and nods to how the UK as a nation is leading the charge; be it in the Internet of Things or driverless cars. But also on the day the Treasury released its response to the call for information for digital currencies. Though it might have been buried in the budgetary noise, I believ...

26 March 2015

Max Excell

Coming soon to a retailer near you - Bitcoin

As you may have already seen, Global payments company NCR has announced that one of its merchant point-of-sale (POS) systems will soon offer Bitcoin support. Merchants have shown an increasing appetite for virtual currency, with more and more offering customers the ability to pay through bitcoins. Shopify recently partnered with GoCoin to enable i...

12 November 2014

Max Excell

Virtual Currency: Not Just A Phase

Virtual currencies are definitely trending. You know that’s true when even the politicians are jumping on the bandwagon. It won’t be long until Ed and Dave are asking if they can pay for their Cornish pasties with Bitcoins. Maybe we’re not quite there yet, but the fact that in the run-up to a general election, the Treasury is looking at measures to...

14 August 2014

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MasterCard calls on Australia to introduce level playing field for crypto currencies

Another cry for regulation from one of the world’s largest financial services firms. Regulation shouldn’t be viewed as a way to prevent ease of business, rather a way of assisting it. In the words of Mastercard, it not only is a way “to prevent criminal activities.. [but also to ensure] safety, stability and reliability for consumers.” Australian regulators need to factor in the danger of losing valuable up and coming Fintech organisations to more flexible overseas regulators and tax regimes.

02 Dec 2014 17:17 Read comment

NCR to offer bitcoin payments via iPOD POS; activates cash function at video ATM

In essence, due to major innovations in mobile technology and the ever growing rise of internet consumption, mobile payments are certainly the future. Internet use via a mobile device accounts for 55% of the world’s consumption and in the words of Brain Tree’s CEO, Bill Ready, "Bitcoin can insert seamlessly in a digital wallet in a way that a plastic card can't."

This announcement is a great step forward in ensuring mass adoption, not just in the form of the larger well known merchants, but also the sole traders and SME’s, which could allow for individuals to purchase everyday necessities with their Bitcoins.

11 Nov 2014 13:08 Read comment

Bangladesh threatens jail time for bitcoin users

This is avery tough stance taken by the central bank of Bangladesh. With the proper controls and procedures, like the ones common within the UK, cryptocurrencies shouldn’t be treated any differently to  any other fiat currency. This strengthens the need to regulate the currency in line with traditional methods and utilise the benefits that cryptocurrencies bring to the world. 

 

16 Sep 2014 13:51 Read comment

Max writes about

  • payments
  • retail banking

Max's opinion archive

  • 2015 (1)
  • 2014 (2)

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