OVERVIEW
MANAGEMENT
PERFORMANCE
POSSIBILITIES
CAPITALS
ACTIVITIES
ACTORS
BURGESS
Banking | ||
|
Burgess COMMENTARY | ||
|
Open PDF ... Whitepaper ... Mobile M4M Payments for LatinAmerica Thank you for sending me the White Paper ... and this prompts a whole chain of questions. From the perspective of the bank, their is a vision of a new banking business opportunity. But what actually is the banking opportunity? Is it not to sell something to the people using the service, and in the process make profit for the bank. It appears that Scotiabank and Citi Banamex have identified a meaningful profit opportunity to the banks. There are others who will also profit from having a more convenient way of paying for goods being purchased ... the merchants and the manufacturers/distributors like Coke.(page 9). Everything in this business model is about getting more of the customers' money into the hands of the banks, the merchants and the manufacturers/distributors ... to get the customers to be a bigger consumers. Without something substantial being done in parallel to make it possible for the consumer to be a bigger earner, what is being described is merely a part of a steep slippery slide to economic catastrophe ... something that has been happening slowly for a long time around the world, and not much talked about, because the facts are very disturbing. Somehow, the amazing potential of mobile communications needs to be used to do something for the customer's earning power. Until this is done, the system as a whole will continue to get deeper and deeper into trouble. There are ways out of this mess, but I do not see any being described in this White Paper, and I am not hearing anything of substance coming out of bank leadership, even though it should be obvious that they have a huge potential for good, but only when they work to mobilize resources for social valuadd and not merely for business and investor profit.It is time to develop and deploy Capitalism 2.0 and use more meaningful metrics about things that really matter. Peter Burgess TrueValueMetrics On Thu, Aug 29, 2013 at 11:18 AM, Tom Pycraft Hi Peter, Here's your Mobile Payments Latin America whitepaper, with thought leading insight from Scotiabank and Banamex/Citi: http://www.mformobile.com/mobile-payments-latin-america/pdf/M4MPaymentsLATAMwhitepaper.pdf Both contributors here are set to delve deeper into the hottest mobile payment challenges, raised in keynote presentations at the only dedicated Latin American Mobile payments conference in Miami this December. After two sell out years, this time more than 150 senior executives in mobile payments from the industries biggest players will get together to tackle an all new agenda and enjoy a range of networking parties. See more details here: http://www.mformobile.com/mobile-payments-latin-america/ Big names already confirmed: Visa, MasterCard, American Express, IBM, Western Union, Scotiabank, Banamex, Citi Banorte, Telefonica, Digicel, Telecomm, Movil Red and Airpak To join them and all the industry's movers, shakers and investors at the definitive Latin American Mobile Payments event, register online, or email me back for more information. Regards, Tom Pycraft VP Payments Americas Direct: +44 (0)207-375-4321 E: tpycraft@mformobile.com FC Business Intelligence Ltd is a registered company in England and Wales - Registered number 04388971, 7-9 Fashion Street, London, E1 6PX, UK This email message has been delivered safely and archived online by Mimecast. For more information please visit http://www.mimecast.com
| The text being discussed is available at | |