Fintech

-
"Fintech is challenging the status quo of the financial industry. New business models will emerge. Delivery channels will challenge existing norms. Transaction costs will be reduced.

"Rather than looking at the fintech revolution as unwelcoming, financial institutions ought to embrace it as an opportunity,” Muhammad said yesterday at the Global Islamic Finance Forum 5.0 (GIIF 5.0). via thestar
Fintech is disrupting financial sector. This is really nothing new. We see things like Pay Pal, Ali Pay, Wechat payment, etc become more and more popular. What I think is interesting is that Malaysia banks are recognizing this and is now taking steps to embrace this technology. Another technology that is also coming in strong into the industry is blockchain, the technology powering bitcoin. Innovation is such a wonderful thing as it is challenging the norm and making our lives, as consumer, so much easier and better. And innovations breaks tradition and breaks apart any hold that corporations want to shackles on consumer. I wish I have the knowledge and tech savvy to be part of this revolution. Back to the books maybe?

Comments

Post a Comment

Popular posts from this blog

One million daimoku

-
Image
In April 2008, Anne and I started our resolution to chant 1 million daimoku in one year. It's already Jan - and I am only one-third of the way. I really need to WORK HARDER - coz I made another 1 million resolution from Jan - Dec 2009. The chart you see on the right of this post is a chart that we put beside our butsudan. It tracked our chanting progress. Every 20 minute, we coloured one box. Mine is the one on top, Anne's at the bottom - you can see that she made much better progress than me! Hmmm.. come to think of it, I am not even at one third!! --- Edit 22 March 2009: Thanks to Google, a couple of friends in faith found this post and they want to know how many hours of chanting is required to achieve one million diamoku. Here it is. Based on our publication in Malaysia, 20 minutes of chanting is equivalent to 1,000 daimoku. So, one hour is 3,000 daimoku. 1 million would take about 333 hours. --- Edit 8 April 2018: Checking my blogger stats, this post is pretty hig
Read more

Amazon Alexa in Malaysia - does it work well? A review...

-
Image
Feels like Christmas in September. Thanks to Doktor Cinta, my friend who live in Australia. Back in July, Amazon Australia had a Prime Day. I joined the trial using my usual Amazon account and ordered an Echo Dot, Echo Plus (the taller one with a built-in hub) and a Kindle Paperwhite, shipping them to a dear friend in Australia. My friend visited Malaysia and brought the Echos with him two weeks ago. You can imagine my thrill to get my hands on Alexa and start using it... in Malaysia. As a side story, sometimes, you can't believe how events are aligned properly to prepare my place to be a connected home - I bought a superb new mesh network router, eero (by the way, I'd say it's one of my best electronic purchases after an iPhone! It is that good), which acts as a strong WiFi backbone as it blanket my double storey house with a reliable and fast WiFi. Then, maxis launched Fibernation program which let me to upgrade my internet from 6 Mbps (pathetic) to 100 Mbps wit
Read more

Who is the official service center for Seiko watches?

-
Image
The Great Blue; Kinetic Auto Relay 100M I have a 15 year old Seiko watch which I love very much. It's a Great Blue series and kinda one-of-its-kind, because Seiko discontinued it as soon as it was launch. So, there are very limited number of units. The watch I own is a Kinetic Auto Relay which means it is powered by my arm movement. And the nice thing about it is that if I don't use my watch, it hands will not move but the Kinetic capacitor which stores energy (up to 4 years of inactivity) will continue to keep track of the time. When I picked up the watch and shake it a bit, it will wake up and auto adjust to the correct time whether it is AM or PM. But my watch is 15 year old. At that age, the capacitor cannot hold a lot of charges. These days if I left my watch unused for 2 days, the watch stopped keeping time. I need to get the capacitor replaced. But who is the official service center for Seiko? The thing about luxury watches is that if you don't send it to
Read more