Abstract – In Digital payments world million dollar question comes in at every stage what is more important security or speed (Performance & Ease). Financial system security design principles can be organized into logical groups, for example, least privilege is a principle and appears
Cross Border remittances(CBR) expected to rise about $0.8 trillion USD. Numbers here are real big and yes this is a big deal. But since most of the world’s population now has access to the Internet or mobile phones, it is just a matter of time before the scales tip to
CashLess –OR– LessCash – Journey from cash-only transactions to less cash and afterwards if possible moving to cashless or digital money society. This journey looks very simple in textbooks or written on blogs or papers but ground reality can be very different. Along with this trip, people suffer […]
Mobile Payments & Mobile Payments – Mobile Financial Services or FinTech Intelligence platform usually allows various users to access its services. Service access channels are multiple and wide range like Web, App, POS, USSD, NFC, QR Codes and SMS etc. On Mobile payments, the security for our money which is […]
What are the implications of NFC based Mobile Payments solution? Is it going to change the world, be a significant “win”, be a nice hack. NFC based mobile payments can support globally and will give financial institutions and partners greater choice in offering consumers secure ways to pay with smartphones.