Verizon vs. Visa: The Battle For Your Wallet


The market tests that are planned for Texas and Utah, and the test that is already underway in Sitges, Spain are on the front lines of the battle to define how mobile payments will work in the future. Today, your Smartphone can be used to buy things at some stores and restaurants. In the near … Continue reading Verizon vs. Visa: The Battle For Your Wallet

Can Visa, MasterCard and AMEX Become Extinct?


Absurd? Maybe not. Visa, MasterCard and AMEX and their peers are acknowledging a serious threat in the future: the Smartphone. All of these companies make their money by taking a very small percentage of every transaction that uses their services. But what if you could complete a transaction without their services? What if you could … Continue reading Can Visa, MasterCard and AMEX Become Extinct?

Bricks, Not Bits, Will Drive the Mobile Wallet


The most widespread misconception about potential of M-Commerce is that it will primarily be a way to shop online.  But, online retail accounts for only about 4% of all retail transactions today, and will probably grow to about 8% by 2014. While the growth rate is impressive, the fact remains that brick and mortar retailers … Continue reading Bricks, Not Bits, Will Drive the Mobile Wallet

Your Wallet and the Basel III Accord


The fundamental issue of the credit markets today involves availability. That single issue affects you, me, the respective companies we work for, and everyone we know. If financial institutions are willing to lend, and lend freely, and we benefit. If not, capital becomes more expensive, and the growth slowdown occurs. True? Not entirely. We’ve seen … Continue reading Your Wallet and the Basel III Accord

Migration from the Wallet to the Smartphone: Barcodes


Do you carry any barcodes with you in your wallet?  What about your keychain?  Take a look and count all of the loyalty cards, membership cards, coupons, and all of the other places were a barcode me here. I found four in mine, and I have thrown them all away in lieu of one of … Continue reading Migration from the Wallet to the Smartphone: Barcodes

Bharti Airtel – Pioneers of a Successful Model


The story of Bharti Airtel Limited is the story of success and efficiency.  What is the root of their success? Is their competitive advantage is sustainable? Is this a case of the best personnel, the best strategy, the best infrastructure, or something else? With competitors like Tata, and others, how does a mobile operator maintain … Continue reading Bharti Airtel – Pioneers of a Successful Model