03 May 2011
FBI's recent report states that between March 2010 and April 2011, the FBI identified twenty incidents in which the online banking credentials of small-to-medium sized U.S. businesses were compromised and used to initiate wire transfers to Chinese economic and trade companies. As of April 2011, the total attempted fraud amounts to approximately $2...
22 Nov 2010
“Payments Rails" across the world were created on need basis, so specifically not considering the existing / proposed rails in parallel payment business and market. This was rational till a point where the boundaries between parallel payment methods were definable, discrete and distinguishable. Market is into a natural convergence track. Reve...
07 Jun 2010
Recently Tower Group published research report on Payments developments, emphasizing the traction towards global payments standards (see Payments Rail). Now that IAT (International ACH transactions) are in production with mandatory extended information on counterparties and payment stacks, at every hop of payment information, standards intercha
29 Mar 2010
Fluid Dynamics has a lesson for Payments Industry. When fluid velocity increases, fluid pressure decreases. This scientific principle - Bernoulli Prinicple - is foundational in Fluid Dynamics which lead to inventions and applications in later phases. Since funds can flow, it is fluid. So Fluid Dynamics principles are equally applicable for Paymen
06 Sep 2012
07 Apr 2010
01 Dec 2009
28 Apr 2009