Filtered by tag: Banking

China on a buying spree
Posted: 30 October 2018


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MindBullet logo CHINA GOBBLES UP EUROPE
EU shareholders are selling out - to China
Dateline: 23 April 2023
If you want to exit from a large, EU-based, multinational concern, just sell it to the Chinese. They're buying. Everything. In the last five years, Chinese acquisitions and investments in Europe have tripled, compared to the previous decade. China's 'economic imperialism' in Africa and Latin America is widely recognized and well documented, but its forays into Europe have been more ...
VodaFone becomes a payments provider
Posted: 5 May 2011 3 Comments

By allowing cusomers to have cab fares charged to their phone account, Vodafone is offering eCash, bypassing banks and credit cards with direct settlements between two parties. When will they start offering this service to you and me for personal payments? Providing the regulators let them, when will they be an alternative to banks?

Our 2006 MindBullet pointed the way. ...

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No money for a cab? No problem as phone giant launches 'pay by text message' service
5 May 2011
It's something that can happen to anyone. Taking a cab for the late ride home, you suddenly realise that the crisp 20 pound note you thought was tucked ...
MindBullet logo SECRET PAPERS EXPOSE EBAY, GOOGLE & VODAFONE MOVE INTO FINANCIAL SERVICES
Ban on gambling payments creates new financial utility for one billion customers
Dateline: 20 April 2009
Yesterday's exposé in the New York Times has put the cat among the pigeons of the financial services industry. The report claims that the NYT investigation ...
Is this the Uber-killer?
Posted: 30 May 2016

Uber is the poster-child of the exponential economy; building a massive global business on the principle that access is more important than ownership. But, in this exponential economy, nothing stands still. Will this be the Uber-killer? But keep in mind that Uber itself is exploring transport services using autonomous vehicles, and has a huge head-start on the market. One thing is for certain ...

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A New Uber Competitor Just Raised $16 million in Funding For Complete Autonomous Taxis
30 May 2016
Autonomous taxi startup nuTonomy has just raised $16 million in Series A funding, hoping to use the money to bring autonomous cars into reality by its ...
MindBullet logo UBER HAS BEEN UBERED
And Airbnb, iTunes and Netflix are next
Dateline: 5 April 2018
Uber has been taken out by an unexpected competitor - the crowd. It's ironic really, because Uber was the first company to leverage assets it didn't own ...
Will the China commodities bubble pop?
Posted: 2 October 2018 1 Comment


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MindBullet logo THE GREAT FALL OF CHINA
China's ghost cities stay empty as the artificial bubble bursts
Dateline: 8 August 2018
It was as inevitable as China's rise to the position of the most powerful economy in the world. Now it looks as though that title will return to the United States, as the 'bubble economy' holds China in its debilitating grasp. It's deja vu for observers from Japan, who experienced the same property bubble decades earlier, and with equally destructive social consequences. Inflation, fuel ...
Middle class or middle aged?
Posted: 1 October 2018


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MindBullet logo STOP THE WORLD, WE'RE HAVING A MIDLIFE CRISIS
The West deflates, China stagnates, and the rest of the world watches and worries
Dateline: 1 May 2040
As the 21st Century approaches middle age, prices are falling alarmingly. In real terms, everything from coal to electronics is cheaper than it was four decades ago, and steel is at its lowest price in 100 years. Deflation is the norm in the Old World, and the so-called Dynamic Markets are no longer so dynamic. Over the past century, we have seen global growth on an unprecedented scale, and ...
The great crypto collapse of 2018
Posted: 11 September 2018

"Ether has tumbled faster than bitcoin in recent months on concern that blockchain-related firms are cashing out of the second biggest cryptocurrency. Many start-ups that raised ether from investors in their initial coin offerings will eventually need to sell their holdings to cover expenses like salaries and development costs."

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Crypto wipeout deepens to $640-billion - TechCentral
11 September 2018
The cryptocurrency bear market has plumbed a fresh 10-month low, led by a tumble in bitcoin’s biggest rival.
MindBullet logo THE GREAT BITCOIN HEIST OF 2027
Quantum hackers make off with billions
Dateline: 14 September 2027
The global crypto community is in an uproar this morning. Overnight a group of hackers, who go by the name of "Gotya," managed to hack into the main ...

THE GREAT BITCOIN HEIST OF 2027

Published on: 6 September 2018 1 Comment

Quantum hackers make off with billions

Dateline: 14 September 2027

The global crypto community is in an uproar this morning. Overnight a group of hackers, who go by the name of "Gotya," managed to hack into the main Bitcoin blockchain, making off with billions of dollars' worth of cryptocurrency in the process. Gotya appears to have used advanced quantum computing power to break into the blockchain network using what is known as a 'routing attack'. In essence, the hackers managed to temporarily fork the core Bitcoin (BTC) blockchain in order to double-spend coins ...

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Ubering Uber
Posted: 13 August 2018

An actual blockchain ride hailing service has launched in Singapore. It's called TADA which means Let's Ride and doesn't charge commission from drivers. One wonders where the monetisation model lies - perhaps it doesn't have one.

What do you think? Will this uber Uber? ...

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TADA
13 August 2018
TADA - fair & fast, the newest ride hailing service
MindBullet logo UBER HAS BEEN UBERED
And Airbnb, iTunes and Netflix are next
Dateline: 5 April 2018
Uber has been taken out by an unexpected competitor - the crowd. It's ironic really, because Uber was the first company to leverage assets it didn't own ...
The future of work and investment
Posted: 13 August 2018 1 Comment

"Demographics, automation and inequality have the potential to dramatically reshape our world in the 2020s and beyond. Our analysis shows that the collision of these forces could trigger economic disruption far greater than we have experienced over the past 60 years. The aim of this report by Bain's Macro Trends Group is to detail how the impact of aging populations, the adoption of new ...

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Labor 2030: The Collision of Demographics, Automation and Inequality
13 August 2018
The business environment of the 2020s will be more volatile and economic swings more extreme.
MindBullet logo STOP THE WORLD, WE'RE HAVING A MIDLIFE CRISIS
The West deflates, China stagnates, and the rest of the world watches and worries
Dateline: 1 May 2040
As the 21st Century approaches middle age, prices are falling alarmingly. In real terms, everything from coal to electronics is cheaper than it was four ...

THE FREE REPUBLIC OF LIBERLAND GETS UNITED NATIONS SEAT

Published on: 9 August 2018

Not-so-small-anymore micro nation sets precedent for other tiny tax havens

Dateline: 16 July 2030

The Free Republic of Liberland has grown from an eccentric community of radical libertarians into a diplomatic force to be reckoned with, in the 15 short years since it was founded. The small sovereign state, which occupies a seven square kilometre area of disputed territory between Croatia and Serbia on the west bank of the Danube river, now boasts almost five million citizens. Many of Liberland's citizens are Bitcoin billionaires and millionaires who have use their citizenship to hide their ...

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The future of debating
Posted: 3 July 2018

Could you hone your debating skills by arguing with a computer? Yes, if it's IBM's new AI that's been taught to argue with humans about specific topics. And there's the rub, the machine can only debate topics it's been programmed to specialize in, and not impromptu discussions. Also, it has trouble with jokes.

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IBM’s new AI can argue with humans
3 July 2018
A machine developed by IBM is challenging humans to debates about the future of medicine and the value of physical education.
MindBullet logo SAM DOESN'T KNOW SHE'S A BOT
Super Artificial Intelligence agent thinks it's a real person
Dateline: 7 January 2019
You may recall the movie 'Her' where the lead character falls hopelessly in love with his virtual girlfriend Samantha. She returns his love, even though ...

FINTECH FALLS OUT OF FAVOUR

Published on: 28 June 2018

Tech is no longer regarded as a sector

Dateline: 23 June 2031

FinTech, MarTech, InsurTech, LegTech, AgTech, EnerTech - they're all dead. A decade ago, news feeds and timelines were swamped with the latest entrant into one of these sub-sectors. Thousands of startups proudly adopted an 'xTech' descriptor, as they tried to carve a superniche for themselves from the digital supercycle. But the fever of digital transformation of business has cooled; the era of digitalization of industry is all but over. The fact is, any business enterprise that has not incorporated ...

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CHINA GOBBLES UP EUROPE

Published on: 7 June 2018 1 Comment

EU shareholders are selling out - to China

Dateline: 23 April 2023

If you want to exit from a large, EU-based, multinational concern, just sell it to the Chinese. They're buying. Everything. In the last five years, Chinese acquisitions and investments in Europe have tripled, compared to the previous decade. China's 'economic imperialism' in Africa and Latin America is widely recognized and well documented, but its forays into Europe have been more stealthy. Published details of deals to acquire or invest in power and logistics, property and football clubs, are ...

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DISRUPTION DÉJÀ VU

Published on: 24 May 2018

We've seen it all before, but this time it's different

Dateline: 6 June 2020

It's just like 20, or maybe 200 years ago, but it's completely different! Disruption has always plagued established markets and societies, throughout the ages. The first waterwheel or windmill for grinding wheat into flour was disruptive technology at work; nascent and naïve, but a foretaste of things to come, in a tumultuous tsunami of ever accelerating change. Steam power and traction engines, threshing machines and cotton gins; it seemed as though there was no end to our ability to employ ...

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ALICENT IS THE NEW DIGITAL CURRENCY

Published on: 3 May 2018

Bitcoin faces irrelevance as network based digital cash takes over

Dateline: 1 May 2026

When Bitcoin reached its all-time high, it operated on a network with only a few million subscribers, and faced a multitude of copycat coins and tokens that had the potential to supersede it. What it really needed was global critical mass. The opportunity was there for a truly massive network to launch its own blockchain currency, or take on the open source system already in the wild. At the same time, cryptocurrencies needed a technology fix; something to make them more user friendly, trusted and ...

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Bitcoin getting the boot from Google
Posted: 14 March 2018

Online advertising is being self-regulated, probably to avoid it being regulated by government. Google sees to be taking the step to prevent risky (ad)ventures like spread betting, and is including cryptocurrencies and forex trading in that group.

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Google is banning all bitcoin, ICO, and cryptocurrency ads from June
14 March 2018
Google plans to ban all cryptocurrencies and binary options adverts, and is cracking down on ads for other speculative financial instruments.
MindBullet logo THE BITCOIN BUBBLE BURSTS
Controversial digital currency collapses as clones saturate the market
Dateline: 15 March 2015
In essence, Bitcoins are digital artifacts created by using computers to solve complex mathematical formulae, essentially cracking a code. The reward one ...
Has the bubble burst?
Posted: 6 February 2018

In 2013 we speculated that, ultimately, bitcoin would collapse due to the large number of alternative or clone coins saturating the market. We still believe that blockchain technology is disruptive, and will change the way fintech and contracts work, but the essential problem with bitcoin is it's based on scarcity, and in the digital world there's massive abundance, of everything. Digital ...

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MindBullet logo THE BITCOIN BUBBLE BURSTS
Controversial digital currency collapses as clones saturate the market
Dateline: 15 March 2015
In essence, Bitcoins are digital artifacts created by using computers to solve complex mathematical formulae, essentially cracking a code. The reward one receives is itself an encrypted code, which can be transferred to others, hence the term 'crypto currency'. Inspired by Bitcoin, Primecoin's protocol searches for chains of prime numbers. Digital currencies like Primecoin and Bitcoin have ...
Banking buzz in a bar...really? Yes!
Posted: 29 October 2017

Monzo, startup UK bank with 500,000 users, seems to be creating a buzz in a way no other bank has ever done! Whats different you might ask? Well not much except openness, transparency and asking its community to participate in setting key business decisions! Rocket science it's not but unusual for business leaders ...absolutely!

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The bank that's apparently so cool it has become a chat up line in London's bars
29 October 2017
Monzo has attracted something of a cult following in the British capital.
MindBullet logo FAREWELL BANKS, HELLO BANKING
New players dominate financial services
Dateline: 26 August 2022
It was Microsoft founder Bill Gates who famously said in 1994 that we need banking, but we don't need banks. It's taken nearly 30 years, but he was dead ...
MasterCard embraces blockchain
Posted: 26 October 2017

Could this be the start of a new way of making payments, at least between businesses? MasterCard is possibly disrupting itself, before someone else does!

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MasterCard announces that payments can now be made on blockchain
26 October 2017
Blockchain just got a whole lot more accessible.
MindBullet logo BLOCKCHAIN TRADING DISRUPTS CURRENCY EXCHANGES
Say goodbye to forex spreads and broker commission
Dateline: 27 July 2019
The new Blockchain Equitable Spread Trading system or BEST has banks and brokers in a tizzy. They've effectively been disintermediated, which is probably ...
India's PostBank bring high-tech to rural areas
Posted: 23 September 2017

Modern day Postmen...armed with micro ATMS, pedal (literally) hight tech solutions to rural areas across India.

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Your postman may soon become the point of contact for all your financial work. Read how
23 September 2017
India Post is targeting a dozen key bill payments, like school fees and utility bills, for those who arent familiar with operating an app on their own.
MindBullet logo EMERGING MARKETS RACE FOR DIGITAL CURRENCY FIRST PLACE
Who will lead the global chaincash system?
Dateline: 13 March 2019
Several emerging economies are in a desperate tech race to be the first to establish a blockchain based fiat currency with global acceptance. The ...

Filtered by tag: Banking