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Billtrust Taps Green Dot For New CFO

PYMNTS

Accounts receivable (AR) automation firm Billtrust has appointed Mark Shifke as chief financial officer (CFO), bringing more than 35 years of financial and legal experience — including most recently as the CFO at fintech Green Dot — to guide the firm through its next phase of growth, the company announced in a recent blog. .

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).

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No Pain, No Gain? GDPR, PSD2 And The New Payments Reality

PYMNTS

This year brings the Second Payment Services Directive ( PSD2 ) deadline, also in Europe, with its designs meant to encourage more security and innovation in the payments and FinTech spaces. Initially, 3DS was introduced in 2001, and has continued to evolve over the past 17 years. Parts of PSD2 are set to take effect in September 2019.

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Artificial Intelligence: FIs’ Friend Or Foe?

PYMNTS

It doesn’t mask murderous intentions with a calming voice like HAL of “2001: A Space Odyssey.” When AI is branded as “efficiency” or “convenience” as opposed to “artificial intelligence,” the barrier to adoption will likely drop, said Kaplan. It’s not a beautiful but cunning killer like Ava of “Ex Machina.”.

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Fintech’s Third Crisis is Tipping Point to a Digital-Only Future

Fintech Labs Insights

In my 25 years in the fintech space, I’ve had the misfortune to experience three massive ecosystem shocks. To help gauge where fintech is now and how and when it will get back on its feet, let’s compare and contrast the three downturns and their recoveries. Dot-com crash (2000-2001). Financial crisis. Coronavirus crisis.

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Finovate Debuts: brandCrowder Offers Crowdfunding for Franchises

Fintech Labs Insights

Offers franchise deals for 3,800 brands in 170 industry sectors. Helped form ADS and took the “Big Data” company public in 2001 at a $500mm market cap which has since grown to over $13B. brandCrowder’s goal is to let everyone compete on a level playing field that Onuosa describes as a “yield-rich environment.”

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Banking UI: Let’s Not Getting Overly Responsive on the Desktop

Fintech Labs Insights

My favorite website of all time was from the ill-fated dot-com “fintech” card issuer, NextCard. In an era where most traditional brands dumped everything they could think of on the homepage, NextCard made due with just 50 words of copy, an almost “Google-like” experience (and this was before Google).

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