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Samee Zafar

Director
Edgar Dunn Company
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07 Mar 2007
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Samee Zafar

Can Blockchain Prevent Cybercrime?

Can blockchain or distributed ledger technologies help prevent attacks on the world’s critical financial systems? Banks use standardised electronic messages, made up of codes and identifiers, a sort of a common financial language, to make international payments and move money around the world. There are checks and balances, policies, and procedures...

31 August 2016 /security

Samee Zafar

PayPal's Acquisition of Xoom

On July 1st, PayPal the global payments company agreed to acquire Xoom, an online remittance specialist for nearly a billion dollars. Founded in 2001, Xoom is a surprisingly successful digital upstart in a fragmented industry dominated by a handful of global giants with large agent based networks (such as Western Union and MoneyGram) on one end and...

06 July 2015 /payments

Samee Zafar

The Payments Parallax

There are two types of retail payment systems that support the overwhelming majority of today’s retail payment transactions. These are: (1) card payment systems (2) automated clearing houses – ACH – or inter-bank funds transfer systems. These are like two train tracks running parallel to each other. These systems are different and separate but now ...

01 April 2015 /payments

Samee Zafar

Short-Circuit Banking

The definition of short circuit: “to force termination of an ongoing process before its natural conclusion by bypassing one or more intermediary steps” (Source: Wiktionary). Established industries operate on a set of generally accepted principles or rules. To be part of an industry, a business has to abide by these rules. These rules are good for b...

30 March 2015

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Samee writes about

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  • retail banking
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  • cryptocurrency

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