Online financial services and personal identification

In a turbulent world some trends are clear. People seeks extra income and they turn to different versions of direct sales. As CEO of the Towah Group one of the leading payment services for the direct selling industry, I see a lot of these companies and we ourself give financial services to many of their […]

Norway as a cash free society

From the Norwegian financial industry there have been some voices raised to advocate the cashless society and to make Norway the first in the world. This raises a lot of challenges and interesting discussions. I am sure that 90% or more of the Norwegian population would not have a problem if all payments were electronic […]

The future is here

Sometimes reading the newspapers makes me proud. I read some Norwegian newspapers every day and last week there was an article in the largest one about the future of banking. It was about how people will be able to use their mobile phones more to do simple payments and money transfers. According to the article […]

Life in perspective

As we move closer towards Christmas there is a marked increase in stress levels all around us. In the shopping malls there is an increase in the number of people, the number of fancy displays and – the number that comes up when the lovely lady behind the counter completes her work at the till. (Yep, […]

Be careful with your identity

Sometimes I wonder what really goes on inside the heads of some product developers. The products they come up with from time to time are so obviously insane that one might cry at the sheer stupidity and still they keep pushing these products onto people without giving them a choice. In most countries in the world you have a […]

How important are you?

We are surrounded by important people. All over the world various media, from newspapers to radio stations, TV and internet, shower us with information about important people. Celebrities. Politicians. Criminals. They all seem to be very important compared to ourselves, right? There is a certain fascination attached to the celebrities and I suppose all of […]

What is a lifetime?

MasterCard has been around a lifetime. We have always had it. Well, 30 years ago we did not. So how long is a lifetime? Google has become a verb. It is no longer just the name of a company. “I have googled you” is a phrase we use frequently. But the company Google is just […]

Cyberfriends makes profits

I have mentioned this before, but I feel it is important to do it again. The new phenomenon on the internet – social networks move into a new phase. We have all observed the amazing Facebook globalization as the world has become one big cluster of friends chatting away and exposing the most intimate details […]