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Issue 8 - January 2012

Economics

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January Features

Risk & Security

Addressing Card Skimming at the Point of Sale—PCI and EMV Chip Technology

*Introduction* Have you received a call recently from your credit or debit card issuer asking you to verify suspicious transactions, only then learning that your card data was compromised and used to make payments...

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Regulation

Mobile Payments: Time to Consider the Regulatory Landscape

The global mobile payment market is poised to explode over the next few years. One report predicts it will quadruple by 2014, reaching $630 billion in value.[i] According to this report, the growth...

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Developing Countries

Mobile Payments in the Philippines: Future Opportunities for Growth

We often hear that M-PESA was able to scale quickly because it targeted an unmet need: urban to rural remittances. Safaricom based the initial launch of the M-PESA service on the “send money...

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