Payments Stories You May Have Missed
The industry news has been coming so fast and furious lately- while many are trying to squeeze in a last summer trip to the beach- that even those plugged into the payments and fintech spaces could be forgiven for overlooking a few headlines. Here are four stories I think deserve a bit more attention.
More Deposits, More Returns?
John and Glen take a cue from a “money anthropologist” and Dax Shepard, thinking through generational wealth and the future of savings.
A Lone Star Lighting the Crypto Path
Glen speaks with CEOs Becky Reed of Lone Star Credit Union and John Wingate of BankSocial about a new solution enabling small CUs to rapidly deliver crypto to members. Also a first look at Durbin 2.0.
A League of Their Own
Glen speaks with Nebraska Credit Union League CEO Scott Sullivan and Family Focus Federal Credit Union CEO Amy Brodersen about the unique (and not so unique) challenges facing the 56 CUs in the Cornhusker State, including payday lending and blockchain.
Payday Lenders – Purely Evil, or Filling a Market Need?
John and Glen get rather emotional- too emotional?- discussing the world of payday lending and how credit unions can deliver better solutions to address such unfortunate real-world needs.
Crypto: Digital without the Drama
Glen speaks with BitPay CFO Jagruti Solanki about staying focused through crypto’s ups and downs on the blocking and tackling on enabling payments. Also- revisiting a 2015 perspective on Bitcoin, and the Freakonomics boys weigh in of the blockchain.
“More Liz, Less Henry” –Sincerely, CECL
Glen examines the oft-delayed CECL accounting standard for estimating credit losses with TCT Risk Solutions’ CEO Randy Thompson- who makes a technical topic interesting by boiling repayment behavior down to everyday persona.
First Movers, Early Lessons
Glen speaks with a pair of execs on the front lines of credit unions’ crypto rollout: Rahm McDaniel of NYDIG and Joe Keller of Visions Federal Credit Union- about the state of play and any impacts of recent market turbulence.
Paying with Points- or Crypto
Glen interviews two more of our favorite Finovate Spring presenters- Cion Digital and Engage- and reflects on the potential dawn of a “buy or be bought” environment.
Finovating into the Headwinds
Glen interviews a trio of newly minted Finovate Best of Show winners- FinGoal, Keep and Spave- and reflects on a spring event that took place in a starkly different investment climate.