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Can FinTech Walk The FinTalk?

PYMNTS

Investors have remained skeptical that the marketplace business model touted in 2006 is sustainable. All-digital, all-tech lending platforms that could deliver better user experiences and faster credit decisioning would become the new normal and take share from banks who were too big and cost-laden to keep — or catch — up.

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WTF USA EMV CVM POS PIN SNAFU

Tomorrow's Transactions

In the UK, we had chip and PIN day ( St.Valentine’s Day 2006 ) and that, pretty much, was that. Merchants wanted PIN because the fraud rate on PIN is two orders of magnitude less than with signature. But in the US, the migration has been piecemeal, confusing and fraught with problems. From The Great EMV Fake-Out: No Chip For You!

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242 Startup Failure Post-Mortems

CB Insights

The Pivot : We came up with a fresh take on the plethora of AR-style apps that create visual effects based on face detection and tracking… [Poor user experience] had a big impact on our retention metrics. For the first year since opening in 2006, we will be posting a loss. Three notable excerpts: First Attempts : Blin.gy

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Why Peer-to-Peer models struggle against oligopoly

Lex Sokolin

The media industry has been able to deploy a business model that uses the Internet to deliver a better user experience when bundled with the law. It is a worse user experience to avoid it. and by the way banking licenses are sort of hard to find in 2006?—?why why not create a connective platform like Kazaa?

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