Category: Payments

The Fed Drives Forward on the Payments Innovation Road

The legitimation of digital money accelerated with a push on the gas pedal by the U.S. Federal Reserve. The Fed’s highly anticipated paper paper Strategies for Improving the U.S. Payment System, provides a surprise and more of the same for business people interested in the development of a faster and more efficient system in the United States for making domestic and international payments. Without  [...Continue Reading]
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Chicago Bitcoin Meetup Packs a Crowd to Hear Bitcoin Development Expert Andreas Antonopoulos

The room at 1871 was designed for maybe 35 people, but by the time the Chicago Bitcoin Meetup started, more than 75 people were packed in. They came to hear long-time bitcoin expert and public speaker, Andreas Antonopoulos, author of the bitcoin development guide Mastering Bitcoin: Unlocking Digital Cryptocurrencies, published by O’Reilly.   Introduced by Matthew Roszak, founding partner at Tally Capital, Chicago, and producer  [...Continue Reading]
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FinTech Rising

Three developments indicating the future of money, finance, and payments The year began with an emphasis on the acceleration of digital, mobile payments and ended with the introduction of Apple Pay leading the way. Yet in between my market research and industry reporting have led me to look at the coming year in terms of three developments and the long-term shift they portend for  [...Continue Reading]
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In Cash We Trust

Apple Pay may be king in the media, but cash still reigns in circulation–and likely will for some time to come. Several speakers and vendors at last week’s BAI Retail Delivery Conference noted that the use of cash is increasing. Indeed it is. Total cash in circulation has been rising dramatically in recent years, especially since the beginning of the financial crisis. As of  [...Continue Reading]
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Notable Finance Posts Week Ending 10-25-14: Apple Pay Launches

Apple Pay launched at the beginning of last week, and dominated my Twitter feed most of the weeks, followed by news of the European Central Bank’s stress test of European banks. Payments with Apple Pay Today This sampling of posts provides Apple Pay numbers, reviews, critiques, and applause. I saw a lot of good consumer reviews on how easy Apple Pay is to use.  [...Continue Reading]
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Why and How Banks Collaborate with Digital and FinTech Companies

The antagonism between tech companies and banks in the payments market is turning toward alliance. Digital giants and fintech startups supposedly poised to gobble up bank customers and the defensive banks commonly considered blind and slow are finally seeing the mutual benefit of collaboration. Although warnings for banks to go digital and mobile are still dire, and predictions that banks will have their lunch  [...Continue Reading]
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