Meeting #6

Meeting Details Date: 25th March 2014. Location: Library Study Room. Attendees Eunwon Choi. Muhammad Faisal. Jonathan Scott. Key Points Showed the survey questions and discussed it with the mentor. Discussed the cost estimate Discussed the Personas Update Gantt Chart Tasks to be done by next meeting Send the survey for ethical approval Related academic work Security assessment

Money Laundering Using Electronic Payment

Money Laundering Using Electronic Payment

Money laundering is an illegal process that criminals use to cover up the origin of the money acquired from illegal businesses and make the funds look legitimate. This is done by dividing the large amount of cash into smaller amounts and deposit into bank accounts. Later the criminals will engage into fake investments or buy and sell activities to move… Read more →

Competitor Analysis

In this post, we will compare our social micro-payment against similar micro-payment available in the market. SWOT analysis were used to identify weakness within competitor product, that will help us cater the objective of our product. Most of the services only focusing on transaction/sending money, but our product ‘QuidLink’ is more focus on transaction/sending money within social network. 1. Paypal… Read more →

Related Academic Work

In order to fully understand the market and develop the Social Payment System, we firstly researched the related academic works to micropayment system. From this research, we were able to learn about micropayment system efficiently and design our QuidLink social payment system. In addition, we were able to build up some example scenarios and personas, and to carry out the security anlaysis. (Kiran, 2012) [1] Related Work… Read more →

Meeting #3

Meeting Details Date: 5 March 2014, 7 March 2014 Venue: Arlott Bar, Library Study Room. Attendees â—¦ Najat Al Naamani. â—¦ Eunwon Choi. â—¦ Muhammad Faisal. â—¦ Alexander R Owen. ◦ Jonathan Scott.   Key Points â—¦ We discussed the user security aspects – The agile analysis and agile method are required for Micro-payment System. â—¦ We need to perform a competitive analysis (SWOT analysis) such as Paypal, Square… Read more →