Unicorns, Dragons and CUSOs

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Glen shares highlights from an action-packed week at the NACUSO and VentureTech conferences, featuring interviews with startup Atomic FI, fintech investor CMFG Ventures, and champions of a campaign to launch more new credit unions.

Money 20/20’s Journey into DeFi

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Glen chats with a trio of Founder/CEOs from the hallways of Money 20/20- MetalPay’s Marshall Hayner, SnapCheck’s Ken Kruszka and Honeycomb Credit’s George Cook. Also, Glen violates the first rule of Fintech Fight Club.

The PAX Terminal Controversy- Small Market Share, Big Headache?

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While attending Money 20/20 last week I received a text from a colleague asking if I’d heard rumors about PAX terminals being pulled by a payment processor. At first I thought it might have been a typo, but soon enough I began hearing corroboration in the conference hallways. But the story got even juicier- the FBI had raided PAX’s Jacksonville warehouse.

Bound By the Supply Chain

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John and Glen discuss how today’s supply chain headaches could cause longer-term credit union migraines. Also- a new ETF drives a Bitcoin price record, and debating whether to pay ransomware demands.

Credit Union Bonnaroo!

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All roads lead to Las Vegas, as Glen previews a busy industry calendar with Curql Collective CEO Nick Evens (NACUSO Network Conference, VentureTech) and Money 20/20 President Tracey Davies.

Fintech is Hard- The Lessons of Google Plex

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When Google pulled the plug on its closely followed checking initiative on October 1, the news was a bigger surprise than it probably should have been. The Big Tech firm has long subscribed to Silicon Valley’s “fail fast” mantra, and has a graveyard of abandoned products to show for it. Google had also already allowed some soft deadlines to quietly slide by for its multi-FI banking interface.

Standing Out from the (Vaccinated) Finovate Crowd

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The Finovate crew did an impressive job of bringing their winning formula of seven-minute live demos back into a live New York City setting in mid-September. By my visual estimate 300-400 vaccinated and judiciously spaced attendees were in the Marriott Marquis ballroom at any given time.