Break the banking cartel, and GeekRetreat
Here’s a column based on the talk I gave at the amazing gathering of splendid people known as GeekRetreat last weekend. It argues that the most important hurdle to a universal online and mobile payment system that serves all South Africans is one law, namely the law against deposit-taking by non-banks.
Also published this week, a report on GeekRetreat for TechCentral, with details on two of the technology ideas that emerged.
