Group items tagged

"Graduated top of your class in Ghana and managed to land a place on an MBA at Oxford? Then you're heading for a salary high enough to make repaying your student loan a cinch - especially if half your Facebook followers are from McKinsey. At least, this is the kind of calculation being made by private funders stepping into the increasingly complex and competitive student loans market."

"In short, Klarna offers shoppers something similar to a store credit card - rather than paying $500 now, you might split it into 12 payments with a micro-loan from Klarna that gets issued within minutes. The e-commerce provider then pays Klarna a fee (usually around 6 percent, higher than what they'd pay for a Visa or Mastercard transaction, but still a good deal if it makes it easier for the customer to buy the product). As you might imagine, Klarna has lots of customers and those customers have a lot of questions. This means they hire lots of customer service representatives. And those customer service reps are the first major, public casualty in the conflict between AI and human jobs."

People in Japan already use it, but people in the United States are expected to use e-mail and mobile phones to transfer money. Will this be reliable and secure, though?

Do you think this article is biased at all - from his comments about "Banking on the mobile phone is relatively safe."? Make sure when you annotate the actual IT System that you are able to explain how it works... you have not tagged it with a social and ethical issue BTW?