Mobile Channel
Mobile Phones and Banks - RFID and smart chip technology is pushing for change in banking business. (www.globalchange.com - Dr. Patrick Dixon)
Market size for credit card type loan in UK alone:
UK cards > $1trillion transactions. Resulting in credit card debt of $100bn. Avg interest rate 16% (Mar 07). That's $16bn a year.
Breakthrough thinking - Vodaphone i) allows phone users to transfer unused call time (minutes) ii) these minutes can be traded (to make purchases).
posted by PlaThai @ 6:24 PM
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