The discussion for our post focus around Mobile Money, Mobile Payments i.e person to person, person to business etc. New ISO standard 12812, recently appeared in 2017. This standard has 5 parts and part-1 defines the general framework of
The best to protect data from stealing by hackers; may be by not converting and putting the data in system, In the old days people says keep smiling it does not cost you anything hang on this is not true any more.
If just for a minute we can assume every person on this planet has mobile phone, every mobile user has a bank account/wallet, every bank account is created instantly, virally and at no cost, No bank charges exist,
Digital transformation can detect potentially fraudulent operations and minimize risks. It can also help large organizations such as banks not only to secure their business but also fight crimes. How payment needs reinventing banking? How need of fast payments created Mobile
The elimination of physical cash from economy is feasible is purely a technological perspective or assumption. Our hard earned money and investments disappear into a labyrinth of financial instruments so mysterious that “money” almost becomes more of an idea than a tangible reality.