Tue.Jan 01, 2019

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2019: Big Payment, Commerce And Tech IPOs Loom On The Horizon

PYMNTS

Tech companies are taking more time to reach their initial public offerings, with the median gap between their early financing and their IPOs hitting 10.1 years in 2017, up from 6.9 years in 2013, according to a recent estimate. A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets.

Payments 223
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The Robinhood Checking Account Was Doomed To Fail

Ron Shevelin

The failed Robinhood checking/savings account was out of touch with how consumers manage their money these days. It would have failed if it had been launched.

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2019: The Year Of Instant Payments

PYMNTS

Here’s a 2019 prediction that we guarantee will come true: There will be no human being or business adamantly hoping to be paid slower in 2019 than they were in 2018. We also guarantee that this prediction will hold, regardless of who one is talking about or the use case to which it pertains. That could be the small merchant wanting access to their daily sales on the same day instead of seven days later, the dad who just sent $100 to his college-age kid to buy food for the weekend, an Uber drive

Payments 198
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Four Things Banks with Limited Advertising Budgets Can Learn from the Starbucks Marketing Strategy

ABA Community Banking

Starbucks uses new media to leverage a global brand in local markets Bank Performance The Economy Financial Research Feature Management Financial Trends Performance Customers Community Banking Feature3 Commercial.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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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. I remember a conference almost a year ago. Bitcoin (and other cryptocurrencies) had started its major run; everyone was excited. In the panel discussions, the bitcoin proponents were talking about it reaching $100,000. This was what everyone was hoping for — bitcoin was finally taking off, and it was going to be HUGE.

Bitcoin 168

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When Predictions Go Right … And Not So Right

PYMNTS

Predicting the future is incredibly hard work. Nostradamus — routinely counted as one of history’s better prestidigitators — wrote 942 poetic quatrains of prophecy. Depending on how liberal one wants to be in connecting his texts to history, a generous reading says Nostradamus got it right about 25 times. That means reading the future is so hard that getting it right 2.6 percent of the time is good enough to be one of the all-time greats.

Apple 150
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Is 2019 the Year of the Comeback For Three Battered Banks?

ABA Community Banking

Three banks that have been battered in recent years have the opportunity for a comeback Bank Performance Financial Research Feature Management Financial Trends Feature3.

Trends 40