News

PayPal Innovate: X marks the start
October 28, 2010

Thoughts from Day 1 of PayPal’s developers’ conference You know you have created something important when it starts to redefine the industry conversation. Over the last few days, it became obvious PayPal is on to something with its approach to embed payments into the fabric...

PayPal Innovate: X marks the start
October 27, 2010

Thoughts from Day 1 of PayPal’s developers’ conference You know you have created something important when it starts to redefine the industry conversation. Over the last few days, it became obvious PayPal is on to something with its approach to embed payments into the fabric...

World Payments Report 2010: Payments Volumes Resilient in the Crisis
October 27, 2010

I am very excited about the launch of the sixth annual World Payments Report 2010, outlining the latest global trends and competitive strategies. Many have wondered if payments businesses would suffer from the world economic decline.  Global non-cash payments growth increased to 9% in 2008...

Ignition Series
October 25, 2010

Hard data are not available but based on my experience billions of dollars each year go poof in the payments industry from investments in products that crash and burn soon after launch. These products didn’t have a sound ignition strategy which should be the foundation...

‘Invisible Engines’ Series
October 25, 2010

The use of software platforms to drive innovation and transform industries has exploded since the 2006 publication of my book Invisible Engines with MIT Professor and former Sloan School Dean Richard Schmalensee and Harvard Business School Professor Andrei Hagiu. This blog series will explain how...

Mobile 206 (elective. Mobile 205 prerequisite): Emerging Payments Value Proposition.
October 25, 2010

With a basic understanding of the challenges inherent in building a new network effect within the traditional payments ecosystem, we will further explore in this course how those challenges may be compounded or mitigated by value propositions extended by a new payments entrant.  We will...

Mobile 206: Exam
October 25, 2010

It is quiz time once more.  This time we’re looking at how the mobile ecosystem, and in particular the operator community, might enter the payments space. Again, this is a test of your perspective on the topic we’ve just reviewed, not a test of how...

What’s Driving Payment Innovation in Canada?
October 24, 2010

Oh Canada! The United States has much in common with its neighbors to the north, but to what extent as far as payments ecosystems? And are Canadians perhaps ahead of the United States in adapting to innovations in payments, particularly in mobile? In this exclusive...

Mobile 205 (required): GPC Payments Value Proposition
October 23, 2010

In this course we will work to understand the challenges general purpose payments networks face as they try to deliver a value proposition to consumers for mobile point-of-sale payments that is uniquely better than what consumers enjoy today from card payments. We will also explore...