There’s a war brewing in Japan, and the banks should pay attention

 People often use the term “time machine model” in Japan. It refers to the lag with Silicon Valley when it comes to startups and innovation. When a time machine model gains momentum locally, usually it means war. The most notable recent example of this is the war of the news apps. Now there is a similar war brewing in Japan; this time it is for mobile P2P payments. Read More

from TechCrunch