Is this a sign that Facebook is moving into transactions and payments in an even bigger way? Under Facebook’s new emerging technologies group, Mr. Zuckerberg has also created a new team focused on blockchain, a digital ledger that underpins virtual currencies like Bitcoin. The group will be led by David Marcus, who had been overseeing Facebook Messenger, with the mandate of examining how Facebook can incorporate blockchain. Over the last six months, three people who have had conversations with Mr.
Governments want to be seen as doing things. A government that does things is not necessarily better than one that does little or nothing. It is important that the government takes actions that are well considered both in terms of causing the intended results and in terms of not causing unintended harm. The benefits must also be balanced against the costs of the policy action. I examine the proposal to impose a 0.
Governments want to be seen as doing things. A government that does things is not necessarily better than one that does little or nothing. It is important that the government takes actions that are well considered both in terms of causing the intended results and in terms of not causing unintended harm. The benefits must also be balanced against the costs of the policy action. I examine the proposal to impose a 0.
There was a time when regulation had three priorities: interconnection, interconnection and interconnection. Was it Maeve Sullivan who came up with that line? Anyway, we fought those battles, and then we got beyond that. So anyway, looks like it’s coming back in the form of interconnection of mobile financial services. Mr Collymore agreed that the industry needs greater cross-platform interoperability even as he argued that the process should be driven by market forces rather than regulatory intervention.
It was in a difficult-to-find room, as far away as one could get from the conference registration area. But we had 50 engaged participants at the open session on systematic reviews organized by LIRNEasia at ICTD 2015. The presentations are below. Introduction Impact of mobiles Mobile financial services ICT in classroom ICTs in MSME The session report can be found HERE
Colloquium conducted by Dr. Erwin Alampay of NCPAG, Philippines. Presentation began by looking at the potential for M-money. Why should we use m-money? Improving efficiency: Improve services, financial services.
The Bharti Group is aiming to reduce its dependence on the telecom sector to 50 per cent for the group’s revenues by 2013. At the moment, telecom operations provide over 80 per cent of its revenues with new businesses which include retail, financial services and agriculture just about taking off the ground. Unveiling a new brand for the group, the third time that the group has announced mega brand changes, Sunil Bharti Mittal, chairman and group CEO, Bharti Enterprises, said, “We are breaking free from our telecom legacy. In the next five years, we hope to get more than 50 per cent of our revenues from businesses other than telecom, which constitutes more than 80 per cent right now.” Read the full story in Business Standard here.
Last updated 10:01am (Mla time) 10/03/2007, Philippine Daily Inquirer NEW YORK–In spite of its global popularity, Internet telephony (VoIP), which is almost free for users, has not become a gold mine for its pioneers such as Skype and Vonage. Popular online auction firm eBay, which bought Skype two years ago for $2.6 billion, affirmed that message in a costly way earlier this week when it devalued the once-darling firm, knocking $1.43 billion off its value. The accounting move was long anticipated.
The ‘Next Billion’ is a somewhat familiar term to those in the telecom/ICT sector. This Boston Consulting Report considers the ‘next billion’ in financial services. The report reveals many parallels with the ‘next billion’ talk in the telecom sector, except for the fact that this realisation has already been made in the telecom industry whereas, according to this report, the financial sector is just on the verge of making that same realisation in a big way. It looks at those traditionally excluded from financial services, because they are deemed a non-commercially lucrative group to serve. It argues that by adopting innovative business models, these groups can become commercialy viable to serve.
:: Daily Mirror – FINANCIAL TIMES :: Services Sector The Services sector maintained its importance in the economy, recorded a 5.9 per cent growth and contributed 53 per cent to overall economic growth in the fourth quarter of 2005. This growth was largely driven by the performance in the post and telecommunications, domestic trade and financial services sub sectors. Of these sectors, the Transport, storage and telecommunication sector expanded by 11.8 per cent during this period.