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The burgeoning financial crisis is throwing up some unique offerings to consumers. Consumers now have more options - both for products and methods of purchase. This festive season, if you don't relish...
I have been reading the news items on the volume of counterfeit notes surfacing in India. It looks like more than half a billion dollars worth of fake rupees are circulating around the country. The ba...
I think Garanti Bank has outdone itself! This news item really set me thinking - http://www.paymentsnews.com/2008/08/garanti-bank-wi.html Garanti offers a contactless sticker that can be stuck on the ...
There is an intriguing news release over the weekend by American Express. The premium card issuer's subsidiary American Express Credit Corp has come out with a $ 2 billion note sale at a whopping yie...
I was reading this new report by US DOJ on how digital currencies are increasingly popular with money launderers(or is it laundries?) - http://www.usdoj.gov/ndic/pubs28/28675/index.htm The DOJ notes t...
With the global food crisis raging on, it is time for countries and international organisations to think of creative ways to address the issue. Giving free rations is not a viable economic answer. Con...
Gasoline (or Petrol - depending on which side of the Atlantic you are) prices are biting so hard now that gas station owners and consumers are planning a rally to demonstrate their grievances. See pre...
Foreign Policy magazine has opened the doors for us to vote on the world's top 100 intellectuals. We can also put in candidates we think deserve to be on the roll call. I saw the usual suspects are in...
For all of us who have been tom tomming electronic money, digital payments and mobile payments, this report by the British Retail Consortium is a bucket of cold water splashed on our face! See http://...
What is it that's lead to a number of announcements on payment networks in the past week? We had some of the EU countries pledging to implement an card payment network to take on Visa, MasterCard and...
Chartered Management Institute - UK has released an engrossing report on the what the workplace/ organisation will look like in 10 years. You can download the report and 'accessories' from; http://w...
In one of my earlier blogs, I laid out the opportunity of mobile numbers being used as 'citizen ID' and enabling access to credit to the huge mass of unbanked citizens of the world. Well, I now go a s...