GLG News by Radio Frequency Identification Experts
October 31, 2007
Steve Case’s $50 million and Jason Hogg’s ideas are not enough to make a dent in the card payments and money transfer markets
Analysis of:
Web 2.0 Summit: Ted Leonsis, Jason Hogg of Revolution Money (blogs.barrons.com)
Steve Case’s $50 million and Jason Hogg’s ideas are not enough to make a dent in the card payments and money transfer markets
Building a two-sided payment network from scratch is a formidable undertaking. Absent a compellingly better value proposition taking share from entrenched incumbent payment networks is well nigh impossible. Revolution’s $50 million, basket of interesting ideas, and ample ambition are unlikely to cohere...
Analysis of:
WiMax is 3G (www.wirelessweek.com)
This is a significant milestone in the business sense. So far, Wimax had been viewed as a threat to the incumbents from the left field. With this approval by ITU, it begins to legitimize WiMax among the cellular incumbents.
October 17, 2007
Search providers are not a near-term competitive threat to the credit card and payments industry
Analysis of:
Overshooting the Target: Why Buying Online is Gaining on the Credit Card Business (www.deloitte.com)
Search providers are not a near-term competitive threat to the credit card and payments industry
While the credit card and payments industry would benefit from more innovation and competitive verve, search providers are not a near-term threat.
Analysis of:
The European Commission has fined Visa 10.2m euros ($14.4m; £7m) for blocking Morgan Stanley from joining its European credit card payment network. (news.bbc.co.uk)
The regulatory mandarins conjured an improbable counterfactual that Morgan Stanley aspired to and would become a force in pan-European acquiring to justify fining Visa. They aim to cow the two pan-European card payment networks to a more compliant attitude as SEPA unfolds.
Analysis of:
Motorola Back On Track (www.forbes.com)
The V3 was something that was a victim to fortune. Motorola built a very sexy looking handset they just forgot to do something with the software. So you got a large number of users who discover that this is not a Nokia or a Sony Ericsson and you need to read the instruction book. Life is too short...
Analysis of:
Subprime Direct Mailings on Rise (www.americanbanker.com)
Notwithstanding the subprime mortgage crisis many credit card issuers are scouring higher-risk-consumer segment for growth. It is a prime area where they can originate new cardholders, receivables, and rich fee income. Perhaps counter intuitively, the signal risk in subprime is not credit losses but...
Analysis of:
Chipset vendors jostle for position in WiMAX handsets (www.wimaxtrends.com)
The strongest supporter of WiMax Intel has announced that it will embed its WiMax technology in the processor dubbed Montevina in May of 2008. Intel intends to establish their own Intel-based handsets as well. The biggest US WiMax operator Sprint Nextel also announced that they will deploy WiMax to...
Analysis of:
Motorola Back On Track (www.forbes.com)
Over the long-term (five years and out), the low-cost Asian phone manufacturers are becoming more competitive with features and low cost, making it diffult for the large vendors to sustain their R&D in the US or Europe. In the short run, the Asian manufactures are still more focused on the...
Analysis of:
Update Shuts Down Some Hacked iPhones (communicationsdirectnews.com)
Apple made no promises about unauthorized modifications and therefore doesn't owe anybody anything when it upgrades the Iphone.
Analysis of:
Nokia to buy Navteq for $8.1b, Take on TomTom (www.bloomberg.com)
Nokia has recognized that terminal products are more than phones since they provide the user's personal access point to all services. To speed time to market for consistent services via Nokia terminals, there is a need for presence in multiple levels of the value chain. This move...
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