Another Run…

Didn’t feel as great, but pushed harder because I knew I was going to buy chocolates after.



News Analysis -1/7 – 1/14

Digital Payments enablement in India: India’s Goal to get rid of Credit Cards by 2020 through government’s (Bharat Interface for Money) BHIM app

  • Indian government launched a new mobile app in December (BHIM), enables bank to bank transfer (P2M and P2P)
  • P2P and P2M transfers enabled through either QR code scanning, typing in the merchant’s user ID, or typing in the merchant’s phone number
  • BHIM uses the Unified Payments Interface (UPI), an interbank transfer system  that is built on the Immediate Payment Service to enable faster P2P payments, operating under the National Payments Corporation of India (NPCI)
  • India’s Aadhar eKYC program is part of the Aadhar Enabled Payment System (AEPS) initiative run through NPCI to record and store user’s fingerprints, unique ID numbers, and mobile numbers to create unique identifiers for each user of India’s payment platform
  • The AEPS program is coupled with new biometric scanners merchants may attach to their POS to enable payments from users who have a bank account linked their ID’s, fingerprints, and mobile numbers to their payment information and simply entering their password and fingerprint into the POS machine to complete a transactio
  • On Dec. 25, NPCI launched the Aadhar Payment App for merchants; this payment application is for merchants to install on their POS and works with government certified fingerprint scanner attachments to confirm payments made using the BHIM app
  • 1.5MM terminals have been deployed by Indian banks since launch (SBI deployed 300M)
  • According to PM Modi, the BHIM app has been downloaded 10MM+ times since launch (0.1% of 1.25B population)
  • Amitabh Kant, CEO National Institution of Transforming India, expressed a future vision of the complete elimination of POS machines, ATM machines, credit cards, and debit cards with the proliferation of this app

Continue reading “News Analysis -1/7 – 1/14”

News Update – Jan 12, 2017

News Update – Jan 11, 2017

  • PayPal Acceptance Deals Continue with Discover Pact – – Discover and PayPal have reached a deal that will expand PayPal’s POS presence while making Discover a more visible payment option within the PayPal mobile wallet. Under terms of the pact, PayPal will gain access to Discover’s tokenization services, enabling U.S. PayPal customers to use their Discover cards within the PayPal wallet app to make contactless purchases at contactless-enabled merchants that accept Discover.

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News Update 1/10/17

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News Update 1/9/17

Running in Spain

Old runs, but I thought this would be a good place to start to record my progress. Currently training for the Manhattan Half Marathon (and later the United Airlines Half Marathon).

News Update – Jan 6, 2017

Here are the interesting articles I read today:

Continue reading “News Update – Jan 6, 2017”