The Evolution Of Mobile Payment Essay - 1287 Words

Introduction Although SmoothPay has grown successfully as a business over a short period of time, many significant challenges have arisen and must be considered in their next strategic decisions to achieve a sustainable and long term growth. Despite SmoothPay offering a unique product that allows their users to make mobile payments, the majority of consumers prefer to do cash or credit card transactions. Because SmoothPay is currently a small business, their brand has not yet been fully recognized or established in their target market. As SmoothPay’s rivals continue to increase, the concept of using mobile payments in Canada continues to be slow. Evolution of Mobile Payment In January 2014, SmoothPay was first launched in Toronto, Ontario offering mobile payments with integrated functions such as customizable loyalty programs and solutions. In addition, this company’s network has reached over 5,000 users and 100 merchants in their well connected partnerships and community in less than two years. Despite this achievement, only a low percentage of consumers are using their smartphones to make their daily purchases across Canada creating difficulty in further promoting SmoothPay’s business. However, SmoothPay has focused in highly populated areas, such as universities. Therefore, this strategic decision has increased some brand awareness. Since this product lets consumers to easily connect with their payment accounts, such as Visa, MasterCard, and PayPal, many haveShow MoreRelatedBackground And Overview Of Digital Banking1301 Words   |  6 Pages2. 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It is not intended to serve as endorsement, source of primary data, or illustrations of effective or ineffective management. Copyright  © 2010 SOM, AIT, P.O.Box 4, Klong Luang, Pathumthani 12120, Thailand. PayPal -Technology Evolution - Case Analysis Technology in PayPal The digital wallet, firstly introduced by Peter Thiel and Max Levchin, might not be a success in the first introduction

Analysis Of Herman Melvilles The Paradise Of Bachelors...

The concept of balance is central to Herman Melville’s â€Å"The Paradise of Bachelors and the Tartarus of Maids.† The first story of the diptych reflects the opulent and extravagant feasting of a group of lawyers in London, while the second depicts the laborious, cold, and bland life of workers at a paper mill. These polar opposites perfectly illustrate this idea of a worldly equilibrium would have resounded well with Melville’s Romantic, educated, and upper class readership. Though there is much to be learned through this historical context, viewing the juxtaposition of success and struggle through a modern lens yields another perspective that Melville could never have foretold. â€Å"The Paradise of Bachelors† of the Inner Temple is very†¦show more content†¦This message of universal balance appeals to readers of the Romantic period, because one of the tenets of Romanticism is the belief that there is some element of mysticism or unexplainable natural power holding us all together. Melville’s use of figurative language further accentuates his connection to the romantic period. By utilizing plentiful biblical references, he plays into the spirituality and classicality of the period. In addition to perceiving Melville’s story from a Romantic historical perspective, it is worthwhile to examine it out of its intended context. Above all, the diptych is a story of high and low. It characterizes the bachelors as above the common citizen and the maids as below him, exemplifying the Romantic period perspective on the divide between classes. Melville touts the rich bachelors’ â€Å"capacious philosophical and con-vivial understandings† and â€Å"remarkable decorum,† while the maids are essentially dehumanized (115). This attitude also reflects a change in Melville’s life. As a child, he lived in a wealthy luxurious home (Parker 22). However, Melville’s father had borrowed excessive amounts of money and was slowly becoming increasingly irrational (56). As the family fell out of the upper class due to their huge debt, they lost their opulent house and servants and Melville lost his ability to go to school. During his teens, he was forced to work full time

Stem cell reserch Essay Example For Students

Stem cell reserch Essay #65279; Science is moving at such a rapid speed these days, between cloning, gene therapy, miracle drugs, exotic therapies, etc. One of the most significant breakthroughs came in November 1998, when two separate researchers successfully isolated stem cells from human embryos and aborted fetuses. Stem cells are primordial cells of a human organism, which are capable of becoming all or most of the 210 different kinds of tissues in the human body. Stem cells have been defined as not fully differentiated yet to be any particular type of tissue or cell. They range from totipotent, i. e. ( the early stages of the human embryo up to about 4 days after conception.) To pluripotent I.e. (a bit older and therefore only capable of being some cells or tissues in the body.) As in the 5-7 day blastocyst stage of the early embryo, with decreasing capacity in later stages of fetal development and in human beings. The impassioned hopes are that these stem cells can be used to great advantages. The cautious fears are that innocent and vulnerable human beings are destroyed, and needlessly so, in the process. The debates are raging. Many people are confused about what stem cell research really is, and wonder why all the fuss. There are several well documented and well- articulated sources of information available on this issue already, so the following is a brief overview of some of the major scientific, ethical, pros and cons. For centuries humanity has been plagued with numerous diseases, such as the black plague, Cancer, AIDS, and other diseases. These horrific, dreaded diseases have killed millions of people due to doctors or scientists not having a cure, but thanks to a scientific and medical breakthrough these diseases can and will be a thing of the past. With this new research scientists are hoping to gain important scientific knowledge about embryonic development and its application to related fields; curing debilitating diseases, e.g., Parkinsons, Alzheimers, diabetes, stroke, spinal cord injuries, bone diseases, etc.; and screening drugs for pharmaceutical companies, instead of having to rely on animal models. In order to continue with these medical and scientific breakthroughs you have to accept the right-to-life argument in its most extreme form. Im talking about newly formed embryos. These are not fetuses with tiny little waving hands and feet. These are microscopic groupings of a few differentiated cells. There is nothing human about them, except potential, and only if you choose to believe it, a soul. However, Bush is blocking, stem cell research would not actually take the life of a single embryo. Researchers would only use embryos that are being discarded anyway. 1 I understand that some people and pro lifers say that stem cell research is murder. But I strongly fell that it is ethically acceptable even morally required to destroy a few human beings in order to possibly benefit millions of patients. Besides, these cells do not cause the same immuno-incompatibility problems after transplantation as do adult stem cells from different patients. Further, these early cells from human embryos and fetuses are MORE totipotent and pluripotent than adult stem cells, and therefore they can be coaxed to become more different kinds of tissues, and can last longer in culture awaiting use. Besides, these fetuses and left- over IVF-produced human embryos are going to die anyway, so we might as well get some good use out of them.1 Researchers believe that stem cells can mimic the actions and activities of nearly every other cell in the body. Eventually, scientists hope to use them to repair damaged hearts after heart attacks, regenerate livers devastated by cirrhosis or viral disease, reconstruct damaged joints, or seed the brain with fresh neurons to reverse the effects of Parkinsons and Lou Gehrigs disease, according to the November issue of Technology Review, a research magazine published by the Massachusetts Institute of Technology, or MIT. 2 Now for every good there is a bad, and with all this technology there has to be a negative side, after all everything with medication and medical research has its side effects, and thousands of people in the world feel that stem cell research is morally and ethically wrong regardless of what stem cell research promises, as well as all the side effects that come along with stem cell research. Here are just some of the side effects or things that are wrong or unethical. First, one minor complication is that use of human embryonic stem cells requires lifelong use of drugs to .