December 7, 2018
The Payment Megatrends – #7:
Digital platforms are currently disrupting business models in all countries and industries, ushering in the new era of the platform economy. What central advantages does this megatrend bring for providers and consumers, and why has payment always been a pioneer in this area, now building the basis for an all-round successful shopping experience and redefining retail? Find out more in...
February 20, 2018
The 6 Payment Megatrends – #6:
Your Windows is not booting up? That’s easy, just remember to modify config.sys in order to enable DOS to access the High Mem Area and do not forget to include EMM386.EXE for memory management – after that, just load your device drivers to High Mem with the DEVICEHIGH command, e.g. DEVICEHIGH=CDROM.SYS and you should have enough Base Memory to startup...
The Frictionless Customer Experience
February 9, 2018
The 6 Payment Megatrends – #5:
How do you receive your salary? By a transfer to your bank account? If your answer is “yes, of course,” then quite likely you’re from a high-income OECD country. But what about the other regions of the world where people often don’t have a bank account or lack access to financial services? In this article, which is the 5th of...
February 2, 2018
The 6 Payment Megatrends – #4:
Borderless – this is how we like to think about our world when we dream of traveling, roaming with the finger on the map. However, in reality there are all kinds of borders and restrictions; not only for people, but also for money transfer. In this 4th part of our Payment Megatrends series (see an overview of all articles at...
January 24, 2018
The 6 Payment Megatrends – #3:
A world without internet? Nowadays, this would almost be like a world without electricity – both seem completely unimaginable. This is why most people take the internet for granted, using it daily, without really thinking about it. However, in order to understand how internet technology is enabling the Internet of Things (IoT), a major innovation that will fundamentally change our...
Internet Technology and IoT
January 17, 2018
The 6 Payment Megatrends – #2:
Artificial Intelligence (AI)? Some may think of Hollywood movie-inspired dystopian future worlds, but what was considered a technical utopia a few years ago, has now become reality – although it comes in a subtler form. In fact, AI has already arrived in our everyday world: Just think about your e-mail spam filter, natural voice recognition, online shopping recommendations – or...
January 8, 2018
The Payment Megatrends – #1:
Digitalization changes everything: In this series, I'd like to give some background on the digitalization-driven megatrends that will have a profound impact on the payment industry this year and in the upcoming years. Everybody is talking about digitalization these days. Every business sector is affected – let it be manufacturing, agriculture or professional services. Even our private lives are becoming...
A Cashless World