From the category archives:
In a post titled “Great since day one“, Marco Arment blogs about what makes the iPhone different – in essence he writes that Apple makes products that are great today. Android isn’t.
Reading his post brought to mind the fragmented nature of the card payments ecosystem that we live in – and how it’s so [...]
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I’m currently working on a speech on innovation in payments/financial services and would love your input.
What recent innovations have personally affected you in the past few years?
No signature at Starbucks?
Envelope-free ATMs?
Using your credit card to enter and exit the parking facility at your favorite airport?
Depositing a check by taking a picture of it with your [...]
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I’m here in Seattle today at NACHA’s Payments 2010 conference along with Russ and Erin. I’m mulling over a couple things I heard in sessions today, trying to draw the line between them.
Early this morning, I sat in on a briefing by eCom Advisors about a study they did in partnership with FIS and PayPal, [...]
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Kevin Kelly recently wrote about this quote by Clay Shirky:
“Institutions will try to preserve the problem to which they are the solution.”
Think about what you’re doing when you show up each morning. Are you preserving/protecting – or innovating?
If you’re preserving/protecting – I wish you well. It’s a tough job but [...]
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Where are you? What did you buy? How much did you pay? Did you get a deal? This might sound like your teenager on their phone, but it’s what a new company called Blippy hopes to answer with a new Web 2.0 service.
Here’s the basic premise. What if you could broadcast everything you bought in [...]
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So you really want to be a merchant – and accept card payments simply and easily? Jack Dorsey wants to be your friend. Hope you’ve got an iPhone!
Earlier today, Dorsey and friends announced the launch of Square. Dorsey, co-founder and chairman of Twitter, is certainly a celebrity founder and CEO. TechCrunch notes that apparently [...]
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Today’s announcement of American Express acquiring Revolution Money caught many of us industry pundits by surprise – especially given the $300 MM price tag that Amex paid for the deal. But, upon reflection, and after listening to the Q&A section of Amex’s conference call earlier today, you can see why they were motivated to [...]
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Based on a vote of attendees – bankers, investors, industry experts, financial company executives from companies large and small – the best of show awards went to:
BancVue (Kasasa) – national checking/savings account brand
for community banks and credit unions
Credit.com – report card with letter grades to help users
make sense of the underlying data
Digital Insight (Intuit) – [...]
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I am live blogging Finovate2009 from NYC.
AFTERNOON SESSION #2
BillShrink – Peter Pham, CEO and Samir Kothari, VP
Help consumer save money on credit cards, cellphones and gas; now launching savings products
Interactive tools to help eliminate nuisance fees
Continuously monitoring banks all around the country to create apples-to-apples fee comparisons
Infosys – Puneet Gupta, Mobility Products
Launching mConnect multi-channel platform
Transactions [...]
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Resuming my live blogging of Finovate2009 from NYC in a few minutes.
AFTERNOON SESSION #1
Yodlee -Peter Hazelhurst, SVP Products
New Yodlee dashboard highlighting capabilities that used to be hard to get to
Web 2.o interface based on widgets
New UI indicates good and bad times to pay bills, based on expected balances
New feature is the FinApp store, where consumers [...]
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I am live blogging Finovate2009 from NYC.
MORNING SESSION #2
Outright.com – Kevin Reeth, CEO
Online tools for tracking small businesses and self-employed people for records like business expenses
Imports and classifies expenses from credit card statements
Integrates with FreshBooks (free, open source small business accounting software)
Also integrating to PayPal API for those who receive payments that way
No storage [...]
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I am live blogging Finovate2009 from NYC.
MORNING SESSION #1
BrightScope – Ryan Alfred, President
Mission: Help Americans retire in dignity
Website provides additional information on existing employer 401k plans
Provides ratings and does comparisons on plan performance
Can also upload plan documents for plans not already covered, no matter how small
Free to the employee
So, what’s the business model?
Provide tools for [...]
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I am attending Finovate 2009 in NYC today – a whirlwind of financial innovation. Each company has seven minutes to demo their latest and greatest technology; no PowerPoint allowed! I’ll do my best to keep up and give you real-time updates on the presentations.
Finovate events are organized by Online Financial Innovations which also writes the [...]
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Over at TechCrunch, Sarah Lacy laments the that too few of the start-ups on stage at this week’s TechCrunch50 were chasing audacious, world-changing ideas:
I did interviews with most of the TechCrunch50 experts backstage and there was a common gripe about the companies launching there: Not enough passion, not enough swinging for the fences, not enough [...]
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Last Thursday evening I attended a superb mobile payment panel organized by mPayConnect and co-hosted by the Wharton and Harvard MBA alumni associations at the Wharton West campus in San Francisco. The evening’s topic was From Afghanistan to Silicon Valley: Mobile Financial Services for the Next Billion Customers. Menekse Gencer of mPayConnect moderated and brought [...]
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GLENBROOK PAYMENTS BOOT CAMPS
October 6-7, 2010, Santa Clara, CA
October 27-28, 2010, New York, NY
December 8-9, 2010, Santa Clara, CA
Custom Private Payments Workshops
Headlines from Payments News
