iWallet means Apple is clearly positioning itself in the mPayment Sector
Blog Posts12th March 2012
Dr. Mirko Schiefelbein
On 06.03.2012, Apple acquired a patent for a control and management system for mobile payments. The patent includes the definition of transaction and release rules for payment processes of subordinate accounts. The control system thereby enables users to define limits for individual payments as well as for payment time periods; additionally, users can specify regions, product groups and merchants.
After Wikipedia proved that crowd sourcing can be successful, the US company Kickstarter is now demonstrating that crowd funding also works: Through Kickstarter’s website, creative projects gain a platform from which to appeal to a community of private individuals for financing. While the market for this type of funding has already begun to firmly establish itself in the USA, it has only just launched in Germany – but it is off to a promising start.
Innovative companies are positioning themselves in the financial services market
Blog Posts24th January 2012
The transformation of digital structures is changing everyday social and economic realities: new methods of communication and participation are appearing, added-value chains are changing, and new players are entering established markets. The financial services market, despite its isolation through regulations, is also feeling the impact of these changes. Many of the new players and offers fall within one of four business areas and segments (see graphic above): Personal Finance Management, Payment Transactions, Asset Management and Lending Operations.