Link: Ride-hailing app Grab partners Maybank for mobile wallet launch

To be a little Friedman in a taxi here: when I was in Jakarta, you could see the huge banking expansion available in converting much of the country to cashless. All these merchants and buyers (people, if you will) who are purely cash based and don’t have bank accounts. And that’s just one (albeit it, giant) city:

Ooi Huey Tyng, MD, GrabPay Singapore, Malaysia and Philippines, says: “The whole industry needs to come together to make the cashless economy a reality in Malaysia. We are honoured to partner with Maybank which not only shares our vision of a cashless payments future, but also recognises Grab as ideally poised to help make this a reality.

“With GrabPay mobile wallet as the leading payment method on our Grab app, it will build an interconnected ecosystem of our services, thus making Grab an everyday app to complement consumers’ everyday lifestyle.”

Also, I love this “cashless” term. So much better than “mobile payments.”
Original source: Ride-hailing app Grab partners Maybank for mobile wallet launch

Link: Ride-hailing app Grab partners Maybank for mobile wallet launch

To be a little Friedman in a taxi here: when I was in Jakarta, you could see the huge banking expansion available in converting much of the country to cashless. All these merchants and buyers (people, if you will) who are purely cash based and don’t have bank accounts. And that’s just one (albeit it, giant) city:

Ooi Huey Tyng, MD, GrabPay Singapore, Malaysia and Philippines, says: “The whole industry needs to come together to make the cashless economy a reality in Malaysia. We are honoured to partner with Maybank which not only shares our vision of a cashless payments future, but also recognises Grab as ideally poised to help make this a reality.

“With GrabPay mobile wallet as the leading payment method on our Grab app, it will build an interconnected ecosystem of our services, thus making Grab an everyday app to complement consumers’ everyday lifestyle.”

Also, I love this “cashless” term. So much better than “mobile payments.”
Original source: Ride-hailing app Grab partners Maybank for mobile wallet launch

Link: Insurers go all-out on mobile, but what comes next is elusive

“74% of Canadians begin their insurance research journey online, with 25% of those using a smartphone only. Further 61% of this segment will immediately abandon a broker’s website if not considered mobile-friendly, and a full 50% of Canadian consumers believe that if a company does not have a mobile website it does not care about that customer’s business”

Better have a mobile app.
Original source: Insurers go all-out on mobile, but what comes next is elusive

Link: Global race for 5G heats up with latest US Congress bill

“Prices vary widely across the United States but the average cost of installing equipment on a pole is around $2,000 per year. AT&T recently complained that it had received an estimate of $8,000 a year from a city in California. Even in low-cost Georgia, the local government felt it could get away with asking for $6,000 per pole per year…. There are roughly 350,000 base stations in the US and that number would likely have to quadruple (again, these are all rough figures) for 5G. So the annual cost of simply hosting 5G equipment is in the billions of dollars.”
Original source: Global race for 5G heats up with latest US Congress bill

Link: Global race for 5G heats up with latest US Congress bill

“Prices vary widely across the United States but the average cost of installing equipment on a pole is around $2,000 per year. AT&T recently complained that it had received an estimate of $8,000 a year from a city in California. Even in low-cost Georgia, the local government felt it could get away with asking for $6,000 per pole per year…. There are roughly 350,000 base stations in the US and that number would likely have to quadruple (again, these are all rough figures) for 5G. So the annual cost of simply hosting 5G equipment is in the billions of dollars.”
Original source: Global race for 5G heats up with latest US Congress bill

Link: Will 2018 be the year of the neo-luddite?

‘More significantly, the whole of society seems to have woken up to the fact there is a psychological cost to constant checking, swiping and staring. A growing number of my friends now have “no phone” times, don’t instantly sign into the cafe wifi, or have weekends away without their computers. This behaviour is no longer confined to intellectuals and academics, part of some clever critique of modernity. Every single parent I know frets about “screen time”, and most are engaged in a struggle with a toddler over how much iPad is allowed. The alternative is “slow living” or “slow tech”. “Want to become a slow-tech family?” writes Janell Burley Hoffmann, one of its proponents. “Wait! Just wait – in line, at the doctor’s, for the bus, at the school pickup – just sit and wait.” Turning what used to be ordinary behaviour into a “movement” is a very modern way to go about it. But it’s probably necessary.’
Original source: Will 2018 be the year of the neo-luddite?

Link: Google takes $1.1bn chomp out of HTC, smacks lips, burps

Google still looking to crack into hardware. Maybe getting a clutch of regular, steady performers instead of startup rock-stars will help:

‘Google has formally completed its $1.1bn (£780m) takeover of a chunk of HTC, under which some 2,000 staff will transfer to work on the chocolate factory’s Pixel phone.

‘In a blog post, Rick Osterloh, senior hardware veep at the megacorp, said “building hardware is… hard,” adding: “That’s why I’m delighted that we’ve officially closed our deal with HTC.”’
Original source: Google takes $1.1bn chomp out of HTC, smacks lips, burps

Link: Meet Kate Garman, Seattle’s smart cities coordinator, tasked with making the city more efficient

Examples of what a city would do with IoT:

“The private sector has pushed cities in a lot of ways,” she said. “My favorite example is, because Uber and Lyft and other transportation network companies could show you where your ride is on your phone, people started really asking, ‘Well, where’s my snow plow? Where are my services?’ It opened people’s minds to expecting more from the public sector, which is a healthy thing so long as the public sector has enough capacity for it.”
Original source: Meet Kate Garman, Seattle’s smart cities coordinator, tasked with making the city more efficient

Link: Meet Kate Garman, Seattle’s smart cities coordinator, tasked with making the city more efficient

Examples of what a city would do with IoT:

“The private sector has pushed cities in a lot of ways,” she said. “My favorite example is, because Uber and Lyft and other transportation network companies could show you where your ride is on your phone, people started really asking, ‘Well, where’s my snow plow? Where are my services?’ It opened people’s minds to expecting more from the public sector, which is a healthy thing so long as the public sector has enough capacity for it.”
Original source: Meet Kate Garman, Seattle’s smart cities coordinator, tasked with making the city more efficient