While the use of contactless payment can be traced back to the 1990s, regular card payment has remained the more popular and most widely-used payment option. South Korea transit authority launched a contactless payment system in 1995, Mobil adopted a contactless ...
Read StoryThe World Bank is not a bank in the conventional sense of the word. Its operations are quite different from the traditional banks. The member countries neither have a saving account with it nor do they make payments via it. Its source of income is from funding by ...
Read StoryListening is one of the things you can't overdo when setting up and running a business. When setting up, you will get lots of advice, solicited and unsolicited, on how to set up, what to do, and what not to do. Everyone will tell you what is the most important ...
Read StoryDisputes occur for a lot of reasons. In business, it is when someone has not fulfiled their part or does not want to fulfil their part despite the consequences it holds for the other party. Disputes primarily manifest in three forms ...
Read StoryIf generating profit was all you ever needed to worry about when it comes to your business finances, then life would be so much easy. Running a business would be such a joyride. But the reality is, generating enough profit is just one on the list of the things you need to do to keep your business afloat financially.
Read StoryBanks have been around for centuries. And while their role in the economy has evolved over these years, two things have remained constant in the definition of banks from the earliest records to what we have today - Savings and Loans.
Read StoryAs your business grows and expands, it becomes harder to know your customers personally and keep up with what they are doing. But this does not in any way excuse not knowing your customers. Verifying your customers' identity is a principal part of protecting your business from fraud and liability. But it doesn’t end there.
Read StoryBranded House or House of Brands is all about using a single identity or multiple identities. But it is not as simple as the definition. The choice of a brand strategy model has a profound impact on the success of your business.
Read StoryRunning a business comes with making tough decisions for a living. Sometimes, you know enough to make the right choice. Other times you just have to have to make a lucky guess. And this has little to do with competence.
Read StoryWhen you activate something on your mobile device, open an app or register on a platform, there are a lot of backend requests and activity that goes on that we are not aware of. We just want a result or response as soon as possible. And when this does not come, we know something is wrong.
Read StoryMoney has always been something we carry along with us. The point is to have it on you when you need it. However, in this case, the addition of mobile to money sets it out something different from the money we are used to.
Read StoryWe are way past the era of the industrial revolution. The world is much more demanding, and the market is much more competitive. We are at a time when the two head analogy could not have been more relevant. And partnerships have become almost inevitable in operating and financing a business.
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