BizTek Webinar

Threat of Global Mobile Wallets to the World

Aug 14, 2020: BizTek Webinar #2 with Bashir Fancy & Nick Brown

Bashir Fancy and Nick Brown discuss Global Mobile Wallets: Threat

Bashir Fancy & Nick Brown discuss the emerging threat of Global Mobile Wallets, like Facebook’s Calibra and AliPay.

These Global Mobile Wallets are a threat to the entire Financial Industry, from Mobile Money Operators like MPESA to Conventional Banks and other Financial Services, and even entire Currencies and Governments, for Developed as well as Developing Countries

A summary of the threats and solutions can be found here: The Threat of Global Mobile Wallets to Developed and Developing Countries.

BizTek.org

Intended for Busienss & Technology Professionals, with a focus on Business Ethics. Includes many discussions between Bashir Fancy and a wide variety of industry experts.
Threat of Global Mobile Wallets to the World 1:13:27
0:57 Defining Mobile Money & Mobile Wallets.
5:08 Mobile Money cannot compete. Limited Reach.
7:39 Conventional Banks in Developing Countries. International Transfers.
        A Run on the Banks?
24:40 Money Laundering.
26:07 Facebook & WhatsApp. AliPay. Google is different.
33:23 VISA/MasterCard, not for the poor.
          Working up the Supply Chain.
38:54 Western Countries.
45:54 Global Mobile Wallet War. Destruction of Banks.
          The Gatekeepers - 6 People Control Everything.
49:01 Global Currencies.
55:22 Solutions. Purchases. Payment Fraud.
1:09:01 Ending comments.

Select clips of interest: