Paypal’s CTO On The Bumpy Road To A Comeback

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Description:  Why Barrese, Paypal’s CTO, decided to drop the original plan to customize Sparta and made the decision to replace it with newer software, starting from the ground up. Source: Fast Company  Date: March 20, 2014 A new internal platform called Sparta was built, but progress “bumped along for a few years. By the time it… Read more »

Swiping Is the Easy Part

Posted by & filed under business models, e-payment, Ecommerce, M-commerce, smartphones.

Description: Instead of swiping a plastic card at the checkout counter, consumers would merely wave their phones. Source: NYTimes.com Date: March 23, 2011 Mobile phone carriers, banks, credit card issuers, payment networks and technology companies are all vying to control these wallets. But first, they need to sort out what role each will play and how each… Read more »