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Introducing Celent Model Bank 2017 Awards

Celent Banking

Lending Product – for the most impressive consumer or business lending or collections initiative. Payments Replatforming – for the most impressive project to improve payments back office, e.g. payment services hub implementation or cards replatforming. Open Banking – for the most impressive API strategy and results so far.

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Amex Sizzles, Big Banks Fizzle And Indian eCommerce Lives Up To Its Sizzling Hype

PYMNTS

Fall has arrived in Boston and we are sizzling. In what was a huge blow for the DOJ who brought the antitrust case to court on behalf of merchants, the 66-page decision said that consumers weren’t harmed and if merchants didn’t like taking American Express cards because the fees were too high, they could just not take them.

Retail 100
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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

via Beta Boston. Select VC Investors: VantagePoint Capital Partners, Lend Lease Ventures. For millions of consumers accustomed to using credit and debit cards, the proposition of using a fingerprint hasn’t been all that appealing. ” via Boston Globe. via Boston Magazine. Company: Rdio. via SFGate.

Capital 78
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242 Startup Failure Post-Mortems

CB Insights

BTCjam, a P2P marketplace launched in 2012 to borrow and lend using bitcoin, announced the company has made “the difficult decision” to close up shop, according to multiple news sources. It did not close because the customer base isn’t there or due to a lack of demand for its lending products. Title: Case Study of a Failed Startup.

Company 78