Sea Change for Western Union with Hikmet Ersek at the Helm?
June 28, 2010
Western Union to streamline its management structure, cut 175 jobs | denver.bizjournals.com
Three years ago I was alone in expressing concerns about Western Union. Since then WU has lost more than 1/3rd of its value. Recently Hikmet, WU's incoming CEO cleaned the slate, purging the old guard at WU. This may be setting the stage for the type of drastic change needed to revive innovation at this venerable old company. Hikmet has made a bold opening move - now what?
June 4, 2010
Amazon Misses Its Target | www.fool.com
The article suggests Target is late to the party with Amazon's Kindle distribution agreement. While extra distribution may help Amazon short-term the article suggests it may be at Target's expense; also, the article suggests consumers may wonder why Target is stocking older Kindles instead of iPad's or one of the many new lower cost eReaders by Sony et al.
iPad the Kindle Killer - Undermines Amazon and Opens New Markets for Apple
June 1, 2010
Apple strikes again: Lines form for the new iPad | finance.yahoo.com
The iPad could kill Kindle and undermine Amazon ebook sales. Apple poses longterm threats to Amazon's core business with iTunes, App Store, iBook Store and potential Apple payment technology innovations already in development. Apple is well positioned to profit from payment technology innovations, digital advertising and an expansion of online "stores" and marketplaces embedded in an expanding web of apps and devices.
Facebook Is This A Face You Would Trust With Your Money?
May 26, 2010
Payvment raises $1.5 million to build shopping experiences on Facebook | social.venturebeat.com
An adage.com article speculates that a commercial Facebook market place or "shopping mall" could challenge Amazon and eBay or even incubate a new digital currency. A recent Payvment announcement indicates Facebook is making moves to become more involved in the financial life of their users but through partnerships not direct digital commerce plays.
MasterCard Answers PayPal X with Open API
May 25, 2010
MasterCard Wants Programmers to Use Its Payment Technology | bits.blogs.nytimes.com
Last week my comments that Visa and/or MasterCard needed a competitive response to PayPal X proved to presage an article published in the New York Times retweeted to me by MasterCard this morning.
Paypal, Visa, MasterCard Threaten Western Union Money Transfer Legacy
May 20, 2010
AS LOW AS $1.50 U.S. TO SEND $300 U.S. TO COUNTRIES LIKE MEXICO | www.paypal.com
The Western Union Company has growing competition. Why pay $30 dollars or more to send money overseas when you can do it with Ebay's Paypal for as little as $0? MasterCard and Visa also have potentially disruptive remittance solutions in the works that facilitate direct instant transfer between card holders domestically and internationally in a rapidly growing number of countries.
MasterCard Market Place - Threat to eBay, Opportunity for Apple?
May 19, 2010
Google Search Watch: MasterCard Shopping Site Takes Off | blogs.forbes.com
MasterCard has launched an online market place for MasterCard holders, called the... MarketPlace. While the name may not be original this article claims the MarketPlace is catching on. While the industry has focused on Visa's acquisition of Cybersource as a competitive response to eBay's Paypal in fact MasterCard's MarketPlace would appear to be by far the most direct competitive response. ...and a payment patent application by Apple may indicate more competition ahead.
Sudden Drop May Create Interesting Visa, Amex and eBay Trading Opportunities
May 18, 2010
Congress Drops an Axe on the Credit Card Industry | www.fool.com
Visa has dropped more than 10% in two days. More than Amex or MasterCard. Some investor sites attribute Visa's drop to potential restrictions on interchange fees.
Mobile Advertising's Gold Rush
November 16, 2009
Mobile Advertising Set To Soar | www.mediapost.com
Mobile advertising is definitely the new-new thing, but it sounds like the hype we heard when the Web was born as a graphical interface and banner ads started appearing in 1995. Be careful -- mobile advertising isn't going to produce overnight riches. For proof, look at your own mobile device. Where are they ads? And if you see any, tell me if they're prompting you to buy anything. Timing is everything, so before you jump in, read on.
The 5Cs of Credit, P2P Lending, Social Lending, Self-Directed Lending
November 11, 2009
BlackRock's Fink: Forget 'Bubble' | online.wsj.com
Laurence Fink, Chairman and CEO of BlackRock Inc. in response to questions about bank failures and economic conditions suggested today that; “…the financial system needs to be a lot more responsive to society and make sure this doesn't happen again. Risk has to be a lot more transparent to investors. I think that is happening."; and, “the financial system needs change, including increased disclosure, more derivatives trading on exchanges and regulatory change…". But what about the 5Cs of credit?
February 7, 2012
SOPA and the wisdom of Yogi Berra
January 19, 2012
Larger wafers present a growth opportunity for LEDs
January 6, 2012
Smartphones threaten digital camera industry
December 1, 2011
Google music launches: The end of the end for the music industry
November 22, 2011