Payments companies around the globe have been issuing warnings that their businesses will take a big hit in the coming...
I anchor around the issues Libra is seeing in trying to develop a money, and what alternate strategies are available. We also analyze elements of a JP Morgan 2020 blockchain report, which highlights the differences between running a financial products (like a money) and a financial software (like a payments processor). In light of this necessary pivot for the regulated Facebook, we look again at Ethereum's decentralized finance ecosystem and the types of challengers it has created for Jack Henry, Finastra, Envestnet, TradeWeb, and other infrastructure providers.
Venmo continues to pay dividends for PayPal with the p2p payments app growing payments volume by 56 percent in the...
Finance is everywhere, and everywhere is finance. Smart city supply chains, self driving car insurance, video game real estate markets -- no matter which frontier technology you touch, it will have embedded implications on the delivery of financial services. And why wouldn't it? Like the use of language, finance is a human technology that allows societies to coalesce and compete with one another (in the Yuval Harari sense). It lifts people out of poverty and into entrepreneurship through microloans, providing generational sustenance for their families. And of course it also throws them into pits of corruption and greed, as they drink too deeply from the rivers of securitization and political power.
But enough poetry! I want to talk about augmented reality, attention platforms, and the re-formulation of payments and lending propositions in a global context.
There has been considerable buzz around Facebook’s Libra project and what it means for the monetary systems; fintech companies are...
Bill Harris is the former CEO of PayPal and Intuit and is also the founder and CEO of Personal Capital;...
A new survey by Promotory Interfinancial Network of 543 senior bank executives showed that their number one fear is the...
I started writing about marketplace lending back in 2010, so I have spent almost the entire decade immersed in this...
PayPal COO Bill Ready talked to Karen Webster of PYMNTS.com about the decision to join Facebook’s project Libra; PayPal exists...
In this week’s PeerIQ Industry Update they cover the increasing likelihood of a recession as forecasts show a 33 percent...