February 7, 2014
What is it that is making the incumbents worried about the dynamic global payment industry? True, everyone has been talking about the reservoir of potential that the industry holds for some time now, but the developments in the space over the last few months present a good case for 'disruption'.
Let us take a look at some of the trends:
Record for the largest series A investment for a UK startup ever, is in 'payments':
Recently, a UK based payment firm named Powa Technologies, which enables users to make payments using their mobile in about 3 seconds, got an inv ...