Smarter, Faster, Bigger, Stronger
Glen shares highlights from last week’s Nacha Payments conference: Nacha CEO Jane Larimer on a busy time for innovation, Lipis Advisors’ Andrew Gomez on lessons learned from real-time payments fraud overseas, and Peter Tapling on the road ahead for CBDCs.
A Dip in the Snark Tank
John and Glen hold court with Cornerstone Advisors Chief Research Officer Ron Shevlin about Google’s unsettled payment strategy and a divergence of opinion on banking opportunities in the metaverse. Also, John tours Chase’s new virtual branch (and pets a tiger).
Getting Paid. Period.
Christine Barry shares new Aite-Novarica research on business payment attitudes, Mark Johnson discusses Deluxe’s newly minted Q2 partnership, and Glen recaps other highlights and takeaways from Deluxe Exchange- including Peloton’s role in the Metaverse and TransUnion’s take on the narrowing refi window.
New Fed Research Highlights COVID’s Impact on Payments
We’re all aware the pandemic has altered Americans’ shopping and payments behavior- the remaining questions are how, and by how much. There are plenty of good sources to track pockets of data- the PSCU Payments Index and Mastercard’s SpendingPulse immediately come to mind. For an authoritative and comprehensive view, however, the Federal Reserve remains the gold standard.
All Eyes on 2022- BIG’s Predictions for a Complicated World
Everyone has their opinions on where the credit union and technology worlds are headed; we at BIG have been documenting our predictions for several years running. Although the navel-gazing part is fun, we believe it’s equally important to hold ourselves accountable.
The Biggest Stories of 2021
ntech and credit union landscape during 2021, it quickly became clear how fast our world has been spinning.
The Great Resignation – Be Careful What You Wish For
Another week, another befuddling batch of employment numbers. In November my home state of Georgia set an all-time record low unemployment rate of 3.1%. Several others aren’t far behind. In normal times, this would be seen as cause for celebration.
The PAX Terminal Controversy- Small Market Share, Big Headache?
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.
Standing Out from the (Vaccinated) Finovate Crowd
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.
Buy Now, Pay… Smarter?
Glen’s candid conversation with Opy CEO Brian Shniderman about his firm’s twist on the BNPL model. Also- a flashpoint for US open banking?