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01Jul

Asking Forgiveness after Permission

John welcomes Alpharank founder Brian Ley to dissect the challenges facing credit unions and borrowers in tracking Paycheck Protection Program loans. Also, new payments data from the Fed and Glen gets Enron déjà vu from the Wirecard fiasco.

Links related to this episode:

Alpharank: http://www.alpharank.io/

The Federal Reserve Survey of Consumer Payment Choice: https://www.frbatlanta.org/banking-and-payments/consumer-payments/survey-of-consumer-payment-choice

Reuters’ recap of Wirecard’s collapse: https://www.reuters.com/article/us-wirecard-accounts/wirecard-collapses-owing-creditors-4-billion-idUSKBN23W176

Wall Street Journal feature on interchange (subscription required): https://www.wsj.com/articles/the-credit-card-fees-merchants-hate-banks-love-and-consumers-pay-11592731800?mod=searchresults&page=1&pos=4

Best Innovation Group’s ongoing Digital Town Halls for best practice sharing on Credit union responses to COVID-19, held each Wednesday (Brian is on the June 17 recording): https://www.big-fintech.com/CU-Digital-Town-Hall

 

The BIG website: www.big-fintech.com

Follow the Best Innovation Group on Twitter: @bigfintech

Follow Glen on Twitter @154Advisors

Follow John on Twitter @jbfintech

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