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Digital Transformation of Businesses
A selection of documents, articles, papers, videos and other content for those interested in the transformation that is required when going 100% digital in an organization. I also try to highlight the impacts, both positives and negatives of that transformation. Like it? Please click "Recommend"
Curated by Farid Mheir
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Are iPhones and iPads getting closer to become your iWallet? @Forbes and @tnlnyc think so

Are iPhones and iPads getting closer to become your iWallet? @Forbes and @tnlnyc think so | Digital Transformation of Businesses | Scoop.it
Apple is putting all the pieces together to disrupt mobile payment.


Apple unveiled the first large-scale integration of iBeacon, a technology that, when coupled with their fingerprint identification system, may be another building block in building a revolutionary new payment system.

Farid Mheir's insight:

iBeacon technology form Apple is being touted as a way to push localized advertisement. While this is true, payment may actually be the end goal and the most profound disruption.


The post rightfully mentions that Apple and Amazon both have on file half a billion credit cards, which would make them very seamless solutions for wallet replacement. All retailers should now consider in their plans ways to support alternate forms of payments, especially ones tied to iPhones and iPads.


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Starbucks Execs Respond To Square Criticism: Innovation Is Messy

Starbucks Execs Respond To Square Criticism: Innovation Is Messy | Digital Transformation of Businesses | Scoop.it

As I walked up to the register at a Starbucks in lower Manhattan, I took out my smartphone, told the barista I'd like to pay with Square, and then scanned my iPhone and walked out. It was seamless. Easy. And took less time than for the customer in front of me, who fumbled with quarters and had to wait for change when paying for her coffee.

Farid Mheir's insight:

Going digital is difficult and this piece highlights an important fact: being first often means investing more heavily in change management. 

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Can one Coin card replace all your credit cards? It claims it can (up to 8). ETA = summer 2014 via @verge

Can one Coin card replace all your credit cards? It claims it can (up to 8). ETA = summer 2014 via @verge | Digital Transformation of Businesses | Scoop.it
San Francisco startup Coin today announced its first product — a credit card-sized device that digitally stores up to eight credit, debit, gift, or membership cards, and lets you switch between...
Farid Mheir's insight:

Listen to the short video to understand how it works. Sounds quite amazing: one credit card that replaces up to 8. Wow. 


They do not replace the "chip" cards, only the magnetic strip ones. But it may transform payment... or at least slim down your wallet.

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