HAZZA Network is "The Global Unified Payment Network". Our aim with Hazza is to "Revolutionize the entire payment ecosystem & Drive financial inclusion".
In 2015, the CGAP-funded Financial inclusion Insights Survey was conducted in Ghana by InterMedia to analyze the trends and usage of mobile money in the country. This report shares data from the survey and highlights opportunities for growth and expansion.
for more information, visit www.cgap.org/mobilemoneymomentum
Saldazo, a Visa debit card product co-branded with Banamex bank, has made Mexico’s largest corner store retail chain – OXXO – the country’s number one transactional account supplier. This presentation provides a Mexican market overview and shares key success factors, challenges and insights from this project.
Alternative lending options have grown rapidly over the past 10 years. This deck offers an overview of digital credit and key takeaways from contexts around the world.
Most promising current and future payment technologies | SG AnalyticsSG Analytics
The decades-long debate over the evolution of payment technology continues in the age of mobile wallets, EMV, blockchain, etc.
The evolutionary disruptive technologies in the payment landscape are poised to redefine businesses with increased automation and connectivity.
In this presentation, SG Analytics highlights the evolution of the 9 most important payment technologies that will transform the world’s financial ecosystem!
Digital Rails: How Providers Can Unlock Innovation in DFS Ecosystems Through ...CGAP
This document explains the concept of “Open APIs” in digital finance services (DFS), how they enable increased innovation, and the role they can play in expanding DFS ecosystems.
In 2015, the CGAP-funded Financial inclusion Insights Survey was conducted in Ghana by InterMedia to analyze the trends and usage of mobile money in the country. This report shares data from the survey and highlights opportunities for growth and expansion.
for more information, visit www.cgap.org/mobilemoneymomentum
Saldazo, a Visa debit card product co-branded with Banamex bank, has made Mexico’s largest corner store retail chain – OXXO – the country’s number one transactional account supplier. This presentation provides a Mexican market overview and shares key success factors, challenges and insights from this project.
Alternative lending options have grown rapidly over the past 10 years. This deck offers an overview of digital credit and key takeaways from contexts around the world.
Most promising current and future payment technologies | SG AnalyticsSG Analytics
The decades-long debate over the evolution of payment technology continues in the age of mobile wallets, EMV, blockchain, etc.
The evolutionary disruptive technologies in the payment landscape are poised to redefine businesses with increased automation and connectivity.
In this presentation, SG Analytics highlights the evolution of the 9 most important payment technologies that will transform the world’s financial ecosystem!
Digital Rails: How Providers Can Unlock Innovation in DFS Ecosystems Through ...CGAP
This document explains the concept of “Open APIs” in digital finance services (DFS), how they enable increased innovation, and the role they can play in expanding DFS ecosystems.
A new study on development organizations’ use of Mobile Money Bulk Payment Products carried out by NetHope. The report, based on qualitative and quantitative research, highlights a desire to move away from cash; usage of mobile money bulk payments; preferences and recommendations for design features of the products; and the estimated volume and value of this market segment.
46% of people ONLY use digital banking channels. Check out our webinar presentation to learn how traditional banks are leveraging mobile-first marketing strategies to improve user acquisition and retention.
In 2015, the CGAP-funded Financial Inclusion Insights Survey was conducted in Rwanda by InterMedia. The survey analyzes trends in mobile money usage in the country and highlights opportunities for growth in the industry.
Wallet and Over-the-Counter Transactions: Understanding Financial IncentivesCGAP
How well do financial incentives encourage customers to opt for wallet transactions instead of over-the-counter transactions? To find out, CGAP looked at four diverse markets in Africa and Asia: Bangladesh, Ghana, Pakistan, and Tanzania.
Overview of Digital Financial Services LandscapeJohn Owens
This presentation reviews the digital financial service landscape and is a primer for regulators and policy makers wishing to better understand current market developments.
Investree is peer-to-peer lending marketplace platform that connects consumers (retail investors) directly to businesses and other individuals to borrow money.
Contact: adrian@investree.id
Ghana's Fintech Landscape: Trends & Opportunities Paul Damalie
Presentation on Ghana's Financial Technology Landscape. Trends and Opportunities. Connecting London,worlds fintech capital to Ghana's fintech scene.Next Bank Accra and UK Investment & Trade Department collaborated on this event.
Digital financial services (DFS) are rapidly rewriting the landscape of financial access in developing markets. This deck is meant to serve as a primer to the DFS space by explaining the basic concepts and strengths of DFS models; showing how they are so successful because they correspond to the weaknesses of traditional delivery; and showcasing some of the next generation of DFS products in order to illustrate that this is just the beginning of a cross-sectoral revolution of access.
Why Star Ratings Matter for Financial InclusionCGAP
Using the example of MercadoLibre, this presentation details the ways in which e-commerce sales data--not typically available for credit scoring--can enrich existing scoring models and improve their predictive power, with positive implications for the financially excluded.
Contactless payment and US chip-and-PIN adoption drives smart card growth in ...Smart Payment Association
Smart Payment Association announces preliminary finds of 2014 smart card payments review
• Over 1.5 billion smart payment cards shipped in 2014
• 185 million smart payment cards and modules shipped to US in 2014
• Contactless technology present on 40% of payment cards in 2014
• Secure DDA technology present on 70% of payment cards in 2014
Munich, 4th February 2015: The United States’ migration to EMV-standard chip-and-PIN cards, and the growing demand for contactless technologies, defined a high-growth payment card market in 2014, according to the Smart Payment Association (SPA).
Preliminary figures, released in advance of the SPA’s annual review of the card payment market, show over 1.5 billion smart payment cards where shipped globally last year, with some 40% featuring contactless ‘tap and go’ technology.
The United States, the only major market not to have previously adopted EMV-standard cards, accounted for 185 million card and module shipments as the country makes the transition to chip-and-PIN.
This number was significantly higher than the 30 million cards shipped in 2013 – reflecting growing enthusiasm from the country’s regulators, banks and retailers to combat card fraud on a national scale.
In a clear example of federal support for EMV transition, President Obama signed an executive order in October 2014 to apply chip-and-PIN technology to newly-issued and existing government credit and debit cards, and to deploy EMV-supported payment terminals in federal agencies.
Contactless technology continued its rapid global growth. In 2014, four out of every ten smart payment cards featured the ‘tap and go’ technology, with SPA members shipping a total of over 600 million contactless payment cards in the year.
This figure represents a year on year growth of 35%, with much of the increase driven by Europe and Asia, where contactless cards represented slightly more than 50% of total shipments in 2014. In the US, less than 10% of cards shipped in 2014 featured contactless technology – a figure in line with the maturity of the EMV market.
The data, collated by the SPA – whose seven members represent around 85% percent of the total available market – also highlighted the primacy of the Dynamic Data Authentication (DDA) technology. DDA provides chip-and-PIN cards with high levels of protection against modification of data and card cloning. 70% of cards shipped in 2014 featured this technology – up from 66% in 2013.
Sylvie Gibert, President of the Smart Payment Association: “These preliminary figures underline the crucial role EMV-standard cards and secure infrastructures in the global payments ecosystem – both now and in the future.
“In 2014 we saw banks and retailers respond to consumer demands for faster and more convenient and more secure ways to pay as contactless shipments grew to their highest levels. Crucially, the continued and growing adoption of EMV-stan
SPA Presentation at Cartes America
Contactless Card Shipments Break all Records as
Consumers Adopt New Ways to Pay
• Contactless technology was present on 23 percent of all payment cards shipped worldwide in 2012
• Contactless growth in Western Europe and Asia exceeded 100 percent
• More than 220 million contactless cards were delivered by Smart Payment Association (SPA) members in 2012
• SPA believes the harmonization of ISO, SEPA and EMVCo standards will ensure the global interoperability of new NFC contactless services for consumers.
23rd April 2013
The Global Landscape of Digital Finance InnovationsCGAP
More than half of the world’s adult population, nearly 2.5 billion people, remain unbanked. Technology – particularly the mobile phone – has been used in recent years to extend financial services past the limits of bank branches and reach new consumers in traditionally underserved segments. Initial efforts focused on payments but have now grown to include savings, insurance and credit products delivered by digital channels, known as “products beyond payments.” Despite a dramatic expansion in the number of digital financial service deployments, the offering of these financial services are not new services. Rather, they are existing services migrated to a lower-cost digital channel, therefore offering greater scale potential. And even then, use of these channels currently remain low.
This research seeks to accomplish four objectives:
Catalog the ways in which technology, especially mobile, can enhance access or use of financial services
Provide a comprehensive landscape of the latest innovations in digital finance
Consider the current and potential impact of these innovations on financial inclusion
Identify enabling conditions and investments needed to unlock the potential of the sector
Though digital credit has been in Tanzania for years, there have been few analyses of the country’s digital credit market. Existing studies raise important concerns about digital credit’s impact on customers. To help fill this knowledge gap in Tanzania, CGAP and the Busara Center for Behavioral Economics, at the request of the Bank of Tanzania, analyzed data from three digital credit providers and built a first-of-its-kind, data-driven picture of the digital credit market’s evolution and current state. In total, we looked at transactional and demographic data for more than 20 million loans disbursed over 23 months.
Business is changing on virtually every front, and the world of payments is no exception. Today, merchants, financial institutions, and processors all face an evolving landscape that is being reshaped
by an array of forces. The use of credit and debit cards is changing. Emerging payment methods, based on everything from smartphones to social networks, are rapidly gaining traction, as are innovative point-of-sale systems and a growing number of ewallet- based methods. For more info: www.nafcu.org/vantiv
The Payments Innovation Jury Report, written by John Chaplin, details global trends in payments innovation, and future opportunities and challenges for the industry. The report is based on the expertise of a panel of 40 business leaders in the payments sector from 23 countries across six continents.
This is an older version. The latest version of this deck can be found here: https://www.slideshare.net/fabulis/simple-token-v70-project-deck-for-14-november-2017-ico
Simple Token is the bridge between crypto-currencies and mainstream consumer apps.
Any app can launch branded tokens on open scalable side-chains, powered by Simple Token, a protocol for consumer-app tokenization and an ERC-20 utility token.
We will launch Simple Token on 1 November, 2017, to empower the ecosystem and finance further development of the protocols and platform.
Simple Token is the bridge between crypto-currencies and mainstream consumer apps.
Any app can launch branded tokens on open scalable side-chains, powered by Simple Token, a protocol for consumer-app tokenization and an ERC-20 utility token.
We will launch Simple Token on 1 November, 2017, to empower the ecosystem and finance further development of the protocols and platform.
A new study on development organizations’ use of Mobile Money Bulk Payment Products carried out by NetHope. The report, based on qualitative and quantitative research, highlights a desire to move away from cash; usage of mobile money bulk payments; preferences and recommendations for design features of the products; and the estimated volume and value of this market segment.
46% of people ONLY use digital banking channels. Check out our webinar presentation to learn how traditional banks are leveraging mobile-first marketing strategies to improve user acquisition and retention.
In 2015, the CGAP-funded Financial Inclusion Insights Survey was conducted in Rwanda by InterMedia. The survey analyzes trends in mobile money usage in the country and highlights opportunities for growth in the industry.
Wallet and Over-the-Counter Transactions: Understanding Financial IncentivesCGAP
How well do financial incentives encourage customers to opt for wallet transactions instead of over-the-counter transactions? To find out, CGAP looked at four diverse markets in Africa and Asia: Bangladesh, Ghana, Pakistan, and Tanzania.
Overview of Digital Financial Services LandscapeJohn Owens
This presentation reviews the digital financial service landscape and is a primer for regulators and policy makers wishing to better understand current market developments.
Investree is peer-to-peer lending marketplace platform that connects consumers (retail investors) directly to businesses and other individuals to borrow money.
Contact: adrian@investree.id
Ghana's Fintech Landscape: Trends & Opportunities Paul Damalie
Presentation on Ghana's Financial Technology Landscape. Trends and Opportunities. Connecting London,worlds fintech capital to Ghana's fintech scene.Next Bank Accra and UK Investment & Trade Department collaborated on this event.
Digital financial services (DFS) are rapidly rewriting the landscape of financial access in developing markets. This deck is meant to serve as a primer to the DFS space by explaining the basic concepts and strengths of DFS models; showing how they are so successful because they correspond to the weaknesses of traditional delivery; and showcasing some of the next generation of DFS products in order to illustrate that this is just the beginning of a cross-sectoral revolution of access.
Why Star Ratings Matter for Financial InclusionCGAP
Using the example of MercadoLibre, this presentation details the ways in which e-commerce sales data--not typically available for credit scoring--can enrich existing scoring models and improve their predictive power, with positive implications for the financially excluded.
Contactless payment and US chip-and-PIN adoption drives smart card growth in ...Smart Payment Association
Smart Payment Association announces preliminary finds of 2014 smart card payments review
• Over 1.5 billion smart payment cards shipped in 2014
• 185 million smart payment cards and modules shipped to US in 2014
• Contactless technology present on 40% of payment cards in 2014
• Secure DDA technology present on 70% of payment cards in 2014
Munich, 4th February 2015: The United States’ migration to EMV-standard chip-and-PIN cards, and the growing demand for contactless technologies, defined a high-growth payment card market in 2014, according to the Smart Payment Association (SPA).
Preliminary figures, released in advance of the SPA’s annual review of the card payment market, show over 1.5 billion smart payment cards where shipped globally last year, with some 40% featuring contactless ‘tap and go’ technology.
The United States, the only major market not to have previously adopted EMV-standard cards, accounted for 185 million card and module shipments as the country makes the transition to chip-and-PIN.
This number was significantly higher than the 30 million cards shipped in 2013 – reflecting growing enthusiasm from the country’s regulators, banks and retailers to combat card fraud on a national scale.
In a clear example of federal support for EMV transition, President Obama signed an executive order in October 2014 to apply chip-and-PIN technology to newly-issued and existing government credit and debit cards, and to deploy EMV-supported payment terminals in federal agencies.
Contactless technology continued its rapid global growth. In 2014, four out of every ten smart payment cards featured the ‘tap and go’ technology, with SPA members shipping a total of over 600 million contactless payment cards in the year.
This figure represents a year on year growth of 35%, with much of the increase driven by Europe and Asia, where contactless cards represented slightly more than 50% of total shipments in 2014. In the US, less than 10% of cards shipped in 2014 featured contactless technology – a figure in line with the maturity of the EMV market.
The data, collated by the SPA – whose seven members represent around 85% percent of the total available market – also highlighted the primacy of the Dynamic Data Authentication (DDA) technology. DDA provides chip-and-PIN cards with high levels of protection against modification of data and card cloning. 70% of cards shipped in 2014 featured this technology – up from 66% in 2013.
Sylvie Gibert, President of the Smart Payment Association: “These preliminary figures underline the crucial role EMV-standard cards and secure infrastructures in the global payments ecosystem – both now and in the future.
“In 2014 we saw banks and retailers respond to consumer demands for faster and more convenient and more secure ways to pay as contactless shipments grew to their highest levels. Crucially, the continued and growing adoption of EMV-stan
SPA Presentation at Cartes America
Contactless Card Shipments Break all Records as
Consumers Adopt New Ways to Pay
• Contactless technology was present on 23 percent of all payment cards shipped worldwide in 2012
• Contactless growth in Western Europe and Asia exceeded 100 percent
• More than 220 million contactless cards were delivered by Smart Payment Association (SPA) members in 2012
• SPA believes the harmonization of ISO, SEPA and EMVCo standards will ensure the global interoperability of new NFC contactless services for consumers.
23rd April 2013
The Global Landscape of Digital Finance InnovationsCGAP
More than half of the world’s adult population, nearly 2.5 billion people, remain unbanked. Technology – particularly the mobile phone – has been used in recent years to extend financial services past the limits of bank branches and reach new consumers in traditionally underserved segments. Initial efforts focused on payments but have now grown to include savings, insurance and credit products delivered by digital channels, known as “products beyond payments.” Despite a dramatic expansion in the number of digital financial service deployments, the offering of these financial services are not new services. Rather, they are existing services migrated to a lower-cost digital channel, therefore offering greater scale potential. And even then, use of these channels currently remain low.
This research seeks to accomplish four objectives:
Catalog the ways in which technology, especially mobile, can enhance access or use of financial services
Provide a comprehensive landscape of the latest innovations in digital finance
Consider the current and potential impact of these innovations on financial inclusion
Identify enabling conditions and investments needed to unlock the potential of the sector
Though digital credit has been in Tanzania for years, there have been few analyses of the country’s digital credit market. Existing studies raise important concerns about digital credit’s impact on customers. To help fill this knowledge gap in Tanzania, CGAP and the Busara Center for Behavioral Economics, at the request of the Bank of Tanzania, analyzed data from three digital credit providers and built a first-of-its-kind, data-driven picture of the digital credit market’s evolution and current state. In total, we looked at transactional and demographic data for more than 20 million loans disbursed over 23 months.
Business is changing on virtually every front, and the world of payments is no exception. Today, merchants, financial institutions, and processors all face an evolving landscape that is being reshaped
by an array of forces. The use of credit and debit cards is changing. Emerging payment methods, based on everything from smartphones to social networks, are rapidly gaining traction, as are innovative point-of-sale systems and a growing number of ewallet- based methods. For more info: www.nafcu.org/vantiv
The Payments Innovation Jury Report, written by John Chaplin, details global trends in payments innovation, and future opportunities and challenges for the industry. The report is based on the expertise of a panel of 40 business leaders in the payments sector from 23 countries across six continents.
This is an older version. The latest version of this deck can be found here: https://www.slideshare.net/fabulis/simple-token-v70-project-deck-for-14-november-2017-ico
Simple Token is the bridge between crypto-currencies and mainstream consumer apps.
Any app can launch branded tokens on open scalable side-chains, powered by Simple Token, a protocol for consumer-app tokenization and an ERC-20 utility token.
We will launch Simple Token on 1 November, 2017, to empower the ecosystem and finance further development of the protocols and platform.
Simple Token is the bridge between crypto-currencies and mainstream consumer apps.
Any app can launch branded tokens on open scalable side-chains, powered by Simple Token, a protocol for consumer-app tokenization and an ERC-20 utility token.
We will launch Simple Token on 1 November, 2017, to empower the ecosystem and finance further development of the protocols and platform.
Simple Token - V5.7 (Older version) -- Follow link below for Version 7.0 for ICOOST | Open Simple Token
PLEASE NOTE:
This is an older version. The latest version of this deck can be found here: https://www.slideshare.net/fabulis/simple-token-v70-project-deck-for-14-november-2017-ico
Simple Token is the bridge between crypto-currencies and mainstream consumer apps.
Any app can launch branded tokens on open scalable side-chains, powered by Simple Token, a protocol for consumer-app tokenization and an ERC-20 utility token.
We will launch Simple Token on 1 November, 2017, to empower the ecosystem and finance further development of the protocols and platform.
Newt is a cloud-based Software as a Service (SaaS) platform enabling enterprises to offer digital financial products and services. Digital financial technologies and infrastructure are reshaping payments, commerce, and access to financial services, creating a growing market opportunity for digital financial service disruptors like Newt.
Global payments community supplemented revenues, income and earnings per share information determined in accordance with GAAP by providing those measures on an adjusted basis in this earnings release to assist with evaluating performance. In addition to GAAP measures, management uses these non-GAAP measures to focus on the factors the company believes are pertinent to the daily management of our operations
Overview & analysis of the market from Pre-Seed, to Seed, Later Stage Seed / Seed Extension, Series, A, B, C, D to the private IPO phenomenon - understanding trends - which are crowded, overpriced, underpriced and key risk points
Why investing now is more attractive than ever before
What industries, sectors, company stage and geographies are best for you
Convertible notes - key points and the meaning beyond the moving parts
Priced equity rounds - key points and the meaning beyond the moving parts
Valuation concepts on pricing valuations when investing, exiting and risk tied to perceived exit multiples
Portfolio construction strategies for angels and VCs - how to allocate your capital
Best practices for sourcing deal flow and conducting due diligence
Tactics to get into oversubscribed deals
Strategies for continuing to invest in portfolio companies a 2nd, 3rd, 4th, 5th time, etc
Best practices for post investment information rights, governance, adding value and Different options to invest ranging from Angel List, to other investor platforms, angel groups, demo days, accelerators, VC funds, SPVs, tax breaks for UK, EU and Israeli taxy payers
Different options to get liquidity on the secondary market before definitive liquidity event for startup / how to sell some stock before the final exit
Over the last decade, the first wave of fintech has mostly resulted in sustaining innovations within the financial services industry. This presentation explores the next three waves of disruption that are set to revolutionise the economy, from the modularisation of the fintech stack to global consumer platforms extending into finance to the potential of blockchain and Web 3.0.
Loyalty 2.0 or Why Liquid Bonus is useful to retailJuli Kuznetsov
This presentation is aimed at highlighting the problems of the legacy loyalty ecosystem and to offer new ways of improving it by means of decentralization and combining of centralized proprietary loyalty programs and their coalitions into a single global unified ecosystem.
In the keynote 2022 Digital Asset Outlook report, we performed a deep dive into the 12 + 1 key themes, which will have the most significant disruptive effect and incremental delta in 2022. The report features exclusive insights from pioneers in digital assets, blockchain investing, NFT, metaverse and gaming, legal and cybersecurity.
This presentation explores what future of commerce may look like given the current trends in mobile devices, digital payments, social commerce and security including tokenization and new forms of identity verification
DeFi Technologies builds and manages assets in the rapidly emerging decentralized financial market, providing institutional and retail investors easy access to previously unseen returns through innovative projects and groundbreaking protocols that are fundamentally reshaping the global financial system.
Payments innovation is Critical for Every Global EnterpriseXTRMAccount
As fintech software and service innovations continue to disrupt the Financial Services market, even non-financial firms need to think about how to take advantage of this trend to improve
their payments processes for the benefit of the company, their customers and their partners.
FinTech outlook for 2017 report discussing trends, opportunities and challengesMEDICI admin
The report is intended for readers who want to better understand the dramatic changes that have begun to take place—and that are accelerating—in the global FinTech landscape. The payments industry, which is one of the focus areas of this report, has never been more exciting.
The report starts with the current state of FinTech and then provides an analysis of major emerging technologies and market forces that are shaping the FinTech market for 2017. It discusses the major opportunities and challenges faced by incumbents as well as FinTech startups. The report also provides a brief on the geographic split of payments volume, revenue and how they are expected to shift gradually by 2024.
Abacas is a hybrid decentralized exchange (DEX) that allows you to trade, exchange or transfer Any Asset Anywhere Anytime. It reduces risk, improves liquidity and mitigates cost. With Abacas, for example, you will be able to exchange your gold for UK stocks in just one transaction.
We envision a world where you can pay for any purchase using any asset in your wallet. Imagine making your next purchase with Gold, GOOG stock or EUR — whatever your vendor accepts and whatever you wish to use. Imagine a world with less friction and lower costs. Imagine being in control and having infinite investment opportunities.
Cuentas provides innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. The Company’s portfolio of fintech solutions meet the highest-volume services demand of the estimated 70 million underbanked and unbanked consumers in the US. ‘Underbanked’ refers to those who have limited or restricted access to banking services, due to poor credit or their international/resident status, and represent more than $1 trillion in total purchasing power.
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdfMalak Abu Hammad
Discover how MongoDB Atlas and vector search technology can revolutionize your application's search capabilities. This comprehensive presentation covers:
* What is Vector Search?
* Importance and benefits of vector search
* Practical use cases across various industries
* Step-by-step implementation guide
* Live demos with code snippets
* Enhancing LLM capabilities with vector search
* Best practices and optimization strategies
Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications.
#MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology
How to Get CNIC Information System with Paksim Ga.pptxdanishmna97
Pakdata Cf is a groundbreaking system designed to streamline and facilitate access to CNIC information. This innovative platform leverages advanced technology to provide users with efficient and secure access to their CNIC details.
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...SOFTTECHHUB
The choice of an operating system plays a pivotal role in shaping our computing experience. For decades, Microsoft's Windows has dominated the market, offering a familiar and widely adopted platform for personal and professional use. However, as technological advancements continue to push the boundaries of innovation, alternative operating systems have emerged, challenging the status quo and offering users a fresh perspective on computing.
One such alternative that has garnered significant attention and acclaim is Nitrux Linux 3.5.0, a sleek, powerful, and user-friendly Linux distribution that promises to redefine the way we interact with our devices. With its focus on performance, security, and customization, Nitrux Linux presents a compelling case for those seeking to break free from the constraints of proprietary software and embrace the freedom and flexibility of open-source computing.
Goodbye Windows 11: Make Way for Nitrux Linux 3.5.0!SOFTTECHHUB
As the digital landscape continually evolves, operating systems play a critical role in shaping user experiences and productivity. The launch of Nitrux Linux 3.5.0 marks a significant milestone, offering a robust alternative to traditional systems such as Windows 11. This article delves into the essence of Nitrux Linux 3.5.0, exploring its unique features, advantages, and how it stands as a compelling choice for both casual users and tech enthusiasts.
Communications Mining Series - Zero to Hero - Session 1DianaGray10
This session provides introduction to UiPath Communication Mining, importance and platform overview. You will acquire a good understand of the phases in Communication Mining as we go over the platform with you. Topics covered:
• Communication Mining Overview
• Why is it important?
• How can it help today’s business and the benefits
• Phases in Communication Mining
• Demo on Platform overview
• Q/A
Full-RAG: A modern architecture for hyper-personalizationZilliz
Mike Del Balso, CEO & Co-Founder at Tecton, presents "Full RAG," a novel approach to AI recommendation systems, aiming to push beyond the limitations of traditional models through a deep integration of contextual insights and real-time data, leveraging the Retrieval-Augmented Generation architecture. This talk will outline Full RAG's potential to significantly enhance personalization, address engineering challenges such as data management and model training, and introduce data enrichment with reranking as a key solution. Attendees will gain crucial insights into the importance of hyperpersonalization in AI, the capabilities of Full RAG for advanced personalization, and strategies for managing complex data integrations for deploying cutting-edge AI solutions.
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
UiPath Test Automation using UiPath Test Suite series, part 5DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 5. In this session, we will cover CI/CD with devops.
Topics covered:
CI/CD with in UiPath
End-to-end overview of CI/CD pipeline with Azure devops
Speaker:
Lyndsey Byblow, Test Suite Sales Engineer @ UiPath, Inc.
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
Climate Impact of Software Testing at Nordic Testing DaysKari Kakkonen
My slides at Nordic Testing Days 6.6.2024
Climate impact / sustainability of software testing discussed on the talk. ICT and testing must carry their part of global responsibility to help with the climat warming. We can minimize the carbon footprint but we can also have a carbon handprint, a positive impact on the climate. Quality characteristics can be added with sustainability, and then measured continuously. Test environments can be used less, and in smaller scale and on demand. Test techniques can be used in optimizing or minimizing number of tests. Test automation can be used to speed up testing.
Essentials of Automations: The Art of Triggers and Actions in FMESafe Software
In this second installment of our Essentials of Automations webinar series, we’ll explore the landscape of triggers and actions, guiding you through the nuances of authoring and adapting workspaces for seamless automations. Gain an understanding of the full spectrum of triggers and actions available in FME, empowering you to enhance your workspaces for efficient automation.
We’ll kick things off by showcasing the most commonly used event-based triggers, introducing you to various automation workflows like manual triggers, schedules, directory watchers, and more. Plus, see how these elements play out in real scenarios.
Whether you’re tweaking your current setup or building from the ground up, this session will arm you with the tools and insights needed to transform your FME usage into a powerhouse of productivity. Join us to discover effective strategies that simplify complex processes, enhancing your productivity and transforming your data management practices with FME. Let’s turn complexity into clarity and make your workspaces work wonders!
Removing Uninteresting Bytes in Software FuzzingAftab Hussain
Imagine a world where software fuzzing, the process of mutating bytes in test seeds to uncover hidden and erroneous program behaviors, becomes faster and more effective. A lot depends on the initial seeds, which can significantly dictate the trajectory of a fuzzing campaign, particularly in terms of how long it takes to uncover interesting behaviour in your code. We introduce DIAR, a technique designed to speedup fuzzing campaigns by pinpointing and eliminating those uninteresting bytes in the seeds. Picture this: instead of wasting valuable resources on meaningless mutations in large, bloated seeds, DIAR removes the unnecessary bytes, streamlining the entire process.
In this work, we equipped AFL, a popular fuzzer, with DIAR and examined two critical Linux libraries -- Libxml's xmllint, a tool for parsing xml documents, and Binutil's readelf, an essential debugging and security analysis command-line tool used to display detailed information about ELF (Executable and Linkable Format). Our preliminary results show that AFL+DIAR does not only discover new paths more quickly but also achieves higher coverage overall. This work thus showcases how starting with lean and optimized seeds can lead to faster, more comprehensive fuzzing campaigns -- and DIAR helps you find such seeds.
- These are slides of the talk given at IEEE International Conference on Software Testing Verification and Validation Workshop, ICSTW 2022.
Maruthi Prithivirajan, Head of ASEAN & IN Solution Architecture, Neo4j
Get an inside look at the latest Neo4j innovations that enable relationship-driven intelligence at scale. Learn more about the newest cloud integrations and product enhancements that make Neo4j an essential choice for developers building apps with interconnected data and generative AI.
UiPath Test Automation using UiPath Test Suite series, part 6DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 6. In this session, we will cover Test Automation with generative AI and Open AI.
UiPath Test Automation with generative AI and Open AI webinar offers an in-depth exploration of leveraging cutting-edge technologies for test automation within the UiPath platform. Attendees will delve into the integration of generative AI, a test automation solution, with Open AI advanced natural language processing capabilities.
Throughout the session, participants will discover how this synergy empowers testers to automate repetitive tasks, enhance testing accuracy, and expedite the software testing life cycle. Topics covered include the seamless integration process, practical use cases, and the benefits of harnessing AI-driven automation for UiPath testing initiatives. By attending this webinar, testers, and automation professionals can gain valuable insights into harnessing the power of AI to optimize their test automation workflows within the UiPath ecosystem, ultimately driving efficiency and quality in software development processes.
What will you get from this session?
1. Insights into integrating generative AI.
2. Understanding how this integration enhances test automation within the UiPath platform
3. Practical demonstrations
4. Exploration of real-world use cases illustrating the benefits of AI-driven test automation for UiPath
Topics covered:
What is generative AI
Test Automation with generative AI and Open AI.
UiPath integration with generative AI
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
UiPath Test Automation using UiPath Test Suite series, part 6
Hazza Network - Project overview
1. “THE GLOBAL UNIFIED PAYMENT NETWORK”
Building real economic value for Payment Market Participants
2. www.hazza.network Not to be copied/distributed without express permission
This document is an overview (“Overview”) of HAZZA. The Octo3 Foundation Limited (“Octo3 Foundation”) reserves the right to amend or replace any or all of the Overview at any time and
undertakes no obligation to update the Overview or to provide the recipient with access to any additional information.
Recipients are notified as follows:
Eligible purchasers: the information in this Overview is for prospective purchasers and is not intended to be received or read by anyone else.
No offer of securities: the HAZZA Token (as described in this Overview) is not intended to constitute securities in any jurisdiction. This Overview does not constitute a prospectus nor offer
document of any sort and is not intended to constitute an offer or solicitation of securities or any other investment or other product in any jurisdiction. Any offer or agreement in relation to any sale
and purchase of HAZZA Tokens is to be governed solely by a separate document setting out the terms and conditions of such agreement and may not be available to all persons.
No advice: this Overview does not constitute advice to purchase any HAZZA Tokens nor should it be relied upon in connection with, any contract or purchasing decision.
No representations: the Foundation makes no representation or warranty to the recipient or it advisers as to the accuracy or completeness of the information, statements, opinions or matters
(express or implied) arising out of, contained in or derived from this Overview or any omission from this document or of any other written or oral information or opinions provided now or in the future
to any interested party or their advisers. This Overview contains forward-looking statements that are based on the beliefs of the Foundation, as well as assumptions made by and information
available to the Foundation. No representation or warranty is given as to the achievement or reasonableness of any plans, future projections or prospects and nothing in this document is or should
be relied upon as a promise or representation as to the future. The Foundation expressly disclaims all liability for any loss or damage of whatsoever kind (whether foreseeable or not) which may
arise from any person acting on any information and opinions contained in this Overview or any information which is made available in connection with any further enquiries, notwithstanding any
negligence, default or lack of care.
Risk warning: potential purchasers should assess the risks and their own appetite for such risks independently and consult their advisors before making a decision to purchase any HAZZA Tokens.
Translations: this Overview and related materials are issued by the Foundation in English. Any translation is for reference purposes only and is not certified by any person. If there is any
inconsistency between a translation and the English version of this Overview, the English version prevails.
Property of the Octo3 Foundation: this Overview is the property of Octo3 Foundation and, by receiving it, the recipient agrees to not copy or distribute without the express permission of the Octo3
Foundation.
Unless otherwise stated, all references to “$” and “dollars” in this Overview pertain to United States dollars.
This Overview has not been reviewed by any regulatory authority in any jurisdiction. References in this Overview to specific companies and platforms are for illustrative purposes only. Other than
Octo3 Limited and Octo3 Foundation, the use of any company and/or platform names and trademarks does not imply any affiliation with, or endorsement by, any of those parties.
DISCLAIMER
2
3. • Total payment transaction value is expected to be $70TN by 2025(1)
• The way it is managed is highly fragmented and complex causing
friction for consumers, merchants, market participants
(transaction fees could amount to $1.7TN by 2025)(2)
THE CHALLENGE
• We have a proven, secure, enterprise payment platform
• The founders collectively have 60+ years of payments and
technology experience
• We are creating a unified global payment network to drive a
seamless experience for all participants at a lower cost
THE SOLUTION
• Technology disruptions such as blockchain are revolutionizing
the industry – levelling the playing field through creating inclusion
and accessibility
• We have entered a ‘convenience-first’ era, creating huge
demand for a global unified payment network
THE OPPORTUNITY
Note: (1) Electronic transactions consist of online and offline payments by credit card, debit card, pre-paid card, eWallets
Note: (10and mobile payments, etc.
Note: (2) Total transaction value multiplied by estimated transaction fees captured by intermediaries (2.5%) = $1.7 TN
Source: Nilson Report (2016-2017), Persistence Market Research (2016)
3
4. TABLE OF CONTENTS
The Challenge
The Opportunity
The Solution
HAZZA Senior Team
Octo3 Foundation
Project Timetable
Summary
Glossary
4
6. www.hazza.network Not to be copied/distributed without express permission
CONSUMERS MERCHANTS
$23.4TN $22.8TN
TERMINAL PROVIDERS (POS)
(in 2016) (1) (in 2016) (2)
Payments is a highly complex and fragmented market with
many intermediaries…
THE CHALLENGE
Note: (1) Total electronic transaction value paid by consumers in 2016. Total electronic transaction value paid by consumers is a projection based on current trends.
Note: (2) Total electronic transaction value received by merchants in 2016, after the intermediary fees charged by payment companies. Total electronic transaction value received by merchants is also a projection.
Source: Nilson Report (2016-2017), Persistence Market Research (2016)
Current State Inefficiencies: $585 BN
6
ISSUERS
ONLINE PROVIDERS
TECH SOLUTIONS
ALTERNATIVE PAYMENT METHODS
ACQUIRERS PAYMENT SERVICE
PROVIDERS
PAYMENT METHOD
PROVIDERS
7. www.hazza.network Not to be copied/distributed without express permission
…Caused by …
THE CHALLENGE
Typical physical
and online shops
CASH
Lack of Universal Acceptance
…resulting in the lack of universal acceptance for consumers
and merchants
Inefficient Layers of
Intermediaries
Fragmented
Technology Standards
Complex Multichannel
Implementation
Current State Inefficiencies: $585 BN (average 2.5% fees)
only 5 accepted
only 2-3
accepted
7
A leading global
eCommerce platform
CONSUMERS MERCHANTS
$23.4TN $22.8TN
(in 2016) (1) (in 2016) (2)
Note: (1) Total electronic transaction value paid by consumers in 2016.
Note: (2) Total electronic transaction value received by merchants in 2016, after the intermediary fees charged by payment companies.
Source: Nilson Report (2016-2017), Persistence Market Research (2016)
8. www.hazza.network Not to be copied/distributed without express permission
Disruption is creating new business models and economies
THE CHALLENGE
Disruptors Sector Incumbents
Media & advertising Newspaper, Traditional media
Travel &
accommodation
Hoteling groups, Travel agencies
Transport Car hire and taxi industry
Entertainment &
publishing
Video, music and multimedia rentals
Financial services Banks, traditional service providers
Retailing Department stores, brick and mortar retailers
Payment services
and economy
Credit card Cash
What is next for Payments?
8
9. www.hazza.network Not to be copied/distributed without express permission
The birth of
The birth of the
Alliance
The birth of the
Association
First card
issuance in
China
Visa becomes
For-Profit
MasterCard
becomes For-Profit
The birth of
The birth of
Issuance of
first bitcoin
Release of
THE NEXT EVOLUTION
New technologies can breathe new life into a historically
proven model
9
HISTORY
First credit card
issued by
The birth of
1950 1970 1980 2000 2010
FUTURE
Membership models have been successful,
however they:
• Are private alliances with expensive
membership fees
• Are an exclusive club for large players,
excluding market participants
• Result in a fragmented market, with high
barriers to entry
Emerging APMs and innovations are
mostly point solutions
• For B2C: Alipay, Wechat Pay or ApplePay
• For Inter-bank: Ripple
• Do not address: ecosystem and
interoperability
The birth of
SELECTED EXAMPLES
Payments market will need:
• An open & transparent
payment network – driving
global decentralization
• Run by members for
members – for anyone
and everyone
• Leveraging internet and
blockchain technology
////
11. SECTOR MOMENTUM • Aggressive acquisition of merchants and customers by
alternative payment methods (APMs)
• Ant Financial spent $4 BN in the last two years on
market entry
2BN BY 2036
GLOBAL PENETRATION – Alipay aims to reach a
global customer base of
• 77% increase from 2016 enabling digital payments
• PMPs are going omni-channel with different
underlying technologies (e.g. Visa payWave,
MasterCard Paypass, etc.)
6.8BN USERS GLOBALLY
DIGITAL ADOPTION – By 2022, smartphone
penetration is expected to reach
Sources: Goldman Sachs (2017), Nilson Report (2016-2017), Persistence Market Research (2016), Euromonitor (2017), McKinsey (2016), Ripple Insights
(2016), Boston Consulting Group (2015), eMarketer (2016), China Daily (2016), Ericsson (2017), iResearch Global (2016), Boston Globe (2017), CNBC
(2017), Economic Times (2017), TechCrunch (2017), Reuters (2017)
OF ALL CONSUMER
TRANSACTIONS (2016)
• High barriers to entry for merchants, consumers
and APMs
• New technologies enabling financial inclusion
FINANCIAL INCLUSION – Third world economies,
cash is used for
70%
• China’s mobile payment transaction value grew by
145x in the last 5 years
• Payment intermediaries is a $585 BN business and
estimated to grow to $1.7 TN by 2025
$70TN BY 2025
CASHLESS PAYMENTS – The non-cash
transaction value is expected to exceed
Harnessing the
explosive growth and
innovation in the
payments industry
11
12. www.hazza.network Not to be copied/distributed without express permission
Universal acceptance could be realized through a democratized
payment platform
THE OPPORTUNITY
12
…to an open payments economy
From a closed payments economy…
Consumers Merchants
PMPs/APMs PSPsIssuers Acquirers
Chinese tourists
with WeChat Pay
• Direct and hassle-free payments enabled by smart contract
Go to Tesco
Express in
London
Accept WeChat Pay with
the use of HAZZA
Customer will be charged
FX conversion and
transaction fees (~1%)
Merchants are charged
2.5% on average by
payments intermediaries
SELECTED EXAMPLES
ILLUSTRATIVE
Scenario: Chinese tourist
spends £20 in Tesco
Express in London with
credit card
£20 + £0.2 £20 – £0.5
14. SOLUTION OVERVIEW
Migrating an existing proven
payment platform to
blockchain Revolutionizing the payment ecosystem
Optimizing business engagement
Leading financial inclusion
Enhancing global acceptance of all payment methods
The HAZZA network concept was born with this thinking…
BENEFITS
14
HAZZA
• We plan to migrate a proven Fintech payment platform to
blockchain technology
• Creating an open access, global, unified payment network
• Through a not-for-profit foundation governed by the
community through a decentralized structure (DAO)
15. PROVEN PLATFORM
Using a proven omni-
channel, certified and
secure solution
15
CERTIFIED
REAL TIME
OMNI-CHANNEL
PROVEN
SECURE
• Certified processor of Visa, MasterCard,
Discover Card, Diners Club, and American
Express
• BASE I and BASE II capable
• Fully functional ISO 8583 Payment Switch
• Fully compliant local/global instances
• E-commerce, Physical PoS, mPoS,
MOTO, coupon, loyalty on a single
integrated platform
• All major Card Brands and comprehensive
coverage of global APMs
• Processing in 130+ currencies
• Proprietary, cloud-based technology with
simple API integration
• Intelligent routing & switching for cost
optimization
• Real-time consolidated reporting and
dashboards
• Unlimited scalability
• Web-based, secure portal for transactions
management
• Comprehensive audit trail & access
control
• Encrypted payment card data
• PCI-DSS Level 1 compliant
16. www.hazza.network Not to be copied/distributed without express permission
TECHNOLOGY POSSIBILITIES
Leveraging blockchain technology
Independently verified
transactions
Smart contracts
Peer-to-peer network Decentralized and
Immutable Ledger
Increased security
• Independent transaction verification
• Encrypted transactions and identities
• No single point of failure
Reduced cost
• Significant savings from disintermediation
• Minimal infrastructure costs
Increased transparency
• Accessible source of truth
• Effective governance and audit by participants
Reduced transaction time
• Near real-time transaction (sec/min)
• Smart contracts triggered once conditions are met
• Public, write-once ledger
• All transaction activities in the
network are encrypted
• No central control of network
• No intermediaries
• Close to real time settlement
• All transactions require verification
and confirmation by majority of the
network participants
• Key application of blockchain
technology
• Automatically facilitate, verify or
enforce the terms of a contract
KEY FEATURES KEY BENEFITS
16
17. www.hazza.network Not to be copied/distributed without express permission
IMPLEMENTATION
Existing solution proposed to be migrated to blockchain
technology in 3 phases…
HAZZA smart contract functions
HAZZA Core Platform
HAZZA network leveraging blockchain
Phase I
Decentralize Business Engagement
Phase II
Build Engagement Marketplace
Phase III
Decentralize Payment Processing
HAZZA Open API (decentralized)
HAZZA Core Platform
Merchants PSPs PMPs Other participants
HAZZA PAYMENT
ROUTE OPTIMIZER
HAZZA
Smart
Contracts
Participant
Registry
Service
Publishing
Discovery
KYC
Participant
Verification
Merchant
Service
Channel
Adaptor
Rating
On-chain Transactions
(Migrated to Blockchain)
HAZZA Open API (decentralized)
HAZZA Core Platform
Merchants PSPs PMPs
HAZZA
Smart
Contracts
Off-chain
Transactions &
Negotiations
(State Channel
Technology)
• Faster
• Private to 2
parties only
• Posted upon
completion of
business rules
Roles of blockchain:
• Identity verification
• Contest judge
• Record distribution
Other participants
Off-chain
Smart
Contract
s
Off-chain
Smart
Contracts
HAZZA Open API (decentralized)
Merchants PSPs PMPs Other participants
On-chain Transactions
(Migrated to blockchain)
Off-chain Transactions
& Negotiations
(Migrated to blockchain)
• Evaluate new blockchain
technology readiness
(e.g. Lightning Network,
Raiden)
• Leverage blockchain in
core processing when
ready
I.I
I.II
II
III
17
ExistingFintechsolutiontomigrate
18. www.hazza.network Not to be copied/distributed without express permission
GLOBAL UNIFIED PAYMENTS NETWORK
An open access, all-to-all
payments network enabled by
blockchain technology
Decentralizing participation
Eliminating inefficiencies
Driving innovation & new economies
Enabling Financial Inclusion
All Payment Methods
Service Providers
and Issuers
New Use Cases and
Value Added Services
All Merchants
THE HAZZA NETWORK
…resulting in an open global unified payment network
Note: HAZZA will have a local instance in jurisdictions where in-country payment networks are required.
Companies shown above are for illustrative purpose only.
18
Potential Benefits:
• Greater access to
merchants
• Lower customer
acquisition costs
Potential Benefits:
• New business model
• New job opportunities
for new products /
services
Potential Benefits:
• Higher transaction volume
• Lower technology costs
Potential Benefits:
• Lower customer
acquisition costs
• Greater access to
merchants
ILLUSTRATIVE
19. www.hazza.network Not to be copied/distributed without express permission
Smart contract technology will be utilized to revolutionize and
optimize business model
USE CASE
19
Expected to be completed automatically within minutes on the HAZZA network
Potential benefits for merchants
Potential benefits for payments participants
• Open and transparent marketplace – access to all
payment participants
• Real-time discovery – complete automation by
smart contract
• Significant time savings – PMP / PSP
engagement completed within minutes (vs. months)
• No downtime – auto-switching to best payment
option available
• Minimized merchant acquisition cost – automated
business engagement
• Greater merchant access with high scalability –
exposed to global merchants with one connection
• Minimized operational risks – all rules pre-set on
smart contracts
I am looking for…
• PMP
• Accept CNY/IDR/THB
• Service in all Asian
countries
• Full KYC
• Above average rating
• Lowest price available
I am a…
• PMP
• Accept CNY/IDR/THB
• Services all Asian
countries
• Full KYC
No rating
requirement
High rating
only
POS
Provider
Average
rating
MERCHANTS PAYMENT INTERMEDIARIES
HAZZA-enabled
smart contract
with
self-discovery
High rating
only
POS
provider
Smart
Contract
Building a marketplace leveraging smart contracts
20. www.hazza.network Not to be copied/distributed without express permission
Founders: 60+ years collectively of payments and fintech
experience
AJMAL SAMUEL HANS WONG
Founder & Chairman
of OCTO3 Limited
Founder and Chief Technical Officer (CTO)
of OCTO3 Limited
HAZZA SENIOR TEAM
TYRONE LYNCH
Chief Executive Officer (CEO)
of OCTO3 Limited
20
• 20+ years of financial infrastructure, payments, clearing
houses, regulatory, IT and management experience
• Ex-President and CEO – Cityline, Founder and CEO –
ASAP Transaction Processing Corporation Limited
• Fellow of the Hong Kong Institute of Directors
• Member of the Institute for Electrical and Electronic
Engineers (IEEE), International Computer Society, and
Association for Computing Machinery (ACM).
• Board member, Sir David Trench Fund (HKSAR
Government)
• 20+ years of industry experience in large-scale mission
critical financial infrastructure and payments systems
development, deployment and management
• Comprehensive working knowledge of the banking
regulatory framework applicable to financial technology
• Previously led the technical direction, development and
operation of mass transaction systems and designs and
implementation of mission-critical messaging solutions at
International Messaging Associates for US government
organizations and many large international corporations
• 20+ years of P&L management experience for global
multinationals in the payments and technology sectors
• Expertise in international market entry and
commercialization of new businesses (Recently created
and managed NTT Group’s new global payments
service line)
• Former CEO of NTT DATA Hong Kong’s global
payment business, Senior VP at NTT Communications
Asia and Senior Executive for Atos Origin and
Schlumberger Japan
21. Disruption is inevitable
Timing is perfect
HAZZA is positioned to harness this potential to benefit you
HAZZA has the solution and the team to realize this opportunity
SUMMARY
21
22. www.hazza.network Not to be copied/distributed without express permission
APPENDIX
Glossary
Term Definition
Acquirer Financial institution which provides merchant accounts and related services to merchants
APIs Application programming interfaces
APMs Alternative payment methods
B2C Business to consumer
BASE I VisaNet’s authorization system
BASE II VisaNet’s settlement system
DAO Decentralized autonomous organization
FX Foreign Exchange
HAZZA network The technology network that all payments players can connect to for global unified payments
ISO 8583
The international standard for financial transaction card originated interchange messaging issued by the International Organization for
Standardization
Issuer A financial institution which issues a card and in some cases a line of credit to the consumers
KYC Know-your-customer
mPOS Mobile point-of-sale
MOTO Mail order/telephone order
22
23. www.hazza.network Not to be copied/distributed without express permission
APPENDIX
Glossary (Con’t)
Term Definition
Octo3 Octo3 Limited
Octo3
Foundation
Octo3 Foundation Limited
Open API
A publicly available application programming interface that provides developers with programmatic access to a proprietary software
application
PCI DSS Payment Card Industry Data Security Standard
PCI Level 1 Payment Card Industry Level 1
POS Point-of-sale
PMPs Payment method providers
PSPs Payment service providers
VAS Value-added service
23
Editor's Notes
A digital economy needs a digital currency (Niall Fergarson)
China’s mobile payment transaction value grew by 145x in the last 5 years from $22.7 BN in 2012 to $3.3 TN in 2017*
https://ripple.com/insights/mckinsey_2016/ (400BN)
https://www.emarketer.com/Article/China-Boasts-Worlds-Largest-Proximity-Mobile-Payments-Market/1014053
http://www.chinadaily.com.cn/business/tech/2016-03/03/content_23716323.htm
China’s mobile payment transaction volume grew by 145x…
http://technode.com/2017/02/06/how-chinese-mobile-payments-are-quietly-conquering-the-world/
Boston’s public bus transport system:
https://www.bostonglobe.com/business/2017/07/26/the-future-money-arrives-bus/xIGa0bLocYafyPaRSGjZrL/story.html
China’s mobile payment transaction value grew by 145x in the last 5 years from $22.7 BN in 2012 to $3.3 TN in 2017*
https://ripple.com/insights/mckinsey_2016/ (400BN)
https://www.emarketer.com/Article/China-Boasts-Worlds-Largest-Proximity-Mobile-Payments-Market/1014053
http://www.chinadaily.com.cn/business/tech/2016-03/03/content_23716323.htm
China’s mobile payment transaction volume grew by 145x…
http://technode.com/2017/02/06/how-chinese-mobile-payments-are-quietly-conquering-the-world/
Boston’s public bus transport system:
https://www.bostonglobe.com/business/2017/07/26/the-future-money-arrives-bus/xIGa0bLocYafyPaRSGjZrL/story.html