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Why Payments Should Stop Worrying About ‘The Next Big Thing’

PYMNTS

Gerhard Oosthuizen, CTO of Entersekt , contributed the following piece as part of PYMNTS’ 2018 year-end eBook. Johnnies-come-lately were jumping aboard to set up mining rigs as fast as they could get their hands on graphics cards. Investigators were looking into fraud at Tether; crypto exchanges were being preyed on by hackers.

Bitcoin 168
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Pollinate: The Payments Industry Cannot Be Complacent About Supporting Small Businesses

PYMNTS

The payments industry has always excelled at efficiency, as is evident in the myriad FinTechs and banks that are constantly pushing to reduce friction end to end for their customers and partners. Fraud and security issues are significant problems faced by all businesses, but small businesses often have fewer resources to recover.

Industry 155
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The Race To The Effortless Experience

PYMNTS

Rewards programs are given major focus from Amazon (Prime Reload gives Prime members 2 percent cash back when loading money into an Amazon account), and the Visa and Uber partnership lets riders earn rewards at local merchants, delivered seamlessly through their Visa card. B2B Payments Players Look to Expand.

Apple 206
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Foot In Mouth: 37 Quotes From Big Corporate Execs Who Laughed Off Disruption When It Hit

CB Insights

In a March 2016 note, Citigroup’s fintech analysts said robo-advisors may be all well and good, but that they won’t work for the wealthy clients that are the bread-and-butter of the big bank-wealth management industry. ” Dimon was at it again two years later on September 12, 2017, criticizing bitcoin and calling it a fraud.

Bitcoin 65
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Foot In Mouth: 43 Quotes From Big Corporate Execs Who Laughed Off Disruption When It Hit

CB Insights

In a March 2016 note, Citigroup’s fintech analysts said robo-advisors may be all well and good, but that they won’t work for the wealthy clients that are the bread-and-butter of the big bank-wealth management industry. ” Dimon was at it again two years later on September 12, 2017, criticizing bitcoin and calling it a fraud.

Bitcoin 78
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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Provided instant card-issuance technology to Bank of the Ozarks. Announced EMV-instant issuance milestone of more than 10 million cards in the U.S. Named by Self Lender as 1 of 3 startups who is “absolutely crushing it” in fintech. Debuted first eBook, A Better Financial Life. Named to the Forbes Fintech 50.

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242 Startup Failure Post-Mortems

CB Insights

Note: Less than a month after the closure announcement, Vasupal was arrested for fraud in a bizarre case involving Stayzilla business dealings. Title: Fintech ‘Plastc’ Shuts Down After Cancelling All 80,000 Pre Orders. Title: All Romance eBooks is Shutting Down. Product: All Romance eBooks. Read more here.

Company 78