Category: Finance
An Unintended Interruption to the Global Supply Chain
The current outbreak of COVID-19 (the coronavirus) will be a test of the global supply chain’s strength in the face of unintended interruptions, and can be a lesson on building-in supply-chain contingency plans. As a result of COVID-19, many factories in China, which supply the bulk or all goods...
“Retail Apocalypse: The End – Or A New Beginning?”
The last several years have been treacherous for the retail sector. Changing shopping patterns and shifting demographics have led some commentators to declare that the (retail) apocalypse is upon us . And while we have seen numerous mega-bankruptcies, including Sears, Toys ‘R Us, Borders, Payless Shoes and Radio Shack...
Credit Card Evolution: Goodbye John Hancock
For years, the signature requirement for completing a credit card transaction has felt something like an obsolete means of confirming a user’s identity . Effective this month, however, four of the country’s largest credit card providers: American Express, Discover, Mastercard and Visa, will no longer require a signature to...
Blockchain – The Future of Real Estate?
Bitcoin and blockchain technology have been gaining publicity in recent years, and although they are primarily known for their use as a digital payment system, there are also promising uses in many areas where trust, cost and efficiency can be improved, including real estate. So what is blockchain, exactly...
Video Interview: Discussing Mobile Payments and Data Security with LXBN TV
Following up on a recent post on mobile payments , I had the opportunity to discuss the growing adoption of Apple Pay, Google Wallet and mobile payments with Colin O'Keefe of LXBN. In the interview, I explain why the adoption of these technologies may soon explode. I also talk...
Apple Pay and Google Wallet: Mobile Payment Going Mainstream
When Apple announced on September 9, 2014 that the iPhone 6 would be equipped with a mobile payment system appropriately called Apple Pay, the entire mobile payment universe woke up. Although competitors had existed for years, none had gained considerable traction. In fact, within a month of releasing Apple...