Chinaâs central bank preps digital coin, Goldman opens Apple Card to subprime consumers, Why FedNow will slow real-time payments | | Why Paymentsâ New World Isnât A Solo Mission Nobody promised that the future of payments would be simple. Success in digital payments and innovation requires cooperation and collaboration, including with FinTechs, says Jim Johnson, executive vice president of FI payments and wealth for FIS. He discusses with Karen Webster his experiences working with upstarts and how best to navigate the challenges in this new world. |
FinServ Matchmaker SuperMoney Tops $2B In Loan Requests Value shopping for financial services products isnât easy work â because true costs can be hard to see much less understand. SuperMoney started, its Founder and CEO Miron Lulic tells PYMNTS â to inject transparency into the market. And now 6 years and $2B in loan requests later, it has a new mission. Here are the details. |
How Top Performing FIs Navigate The Corporate Card Seas Innovating corporate cards can be a tempting opportunity for FIs. But, as i2c Executive Vice President Joe DeRosa tells Karen Webster, offering truly competitive products can be more challenging than it looks. Hereâs how the top performing FIs navigate the sometimes choppy blue ocean of corporate credit card innovation. |
Uber And Lyft Earnings Tell Tales Of Two Strategies Uber and Lyft posted results last week that showdifferent strategies at work. Lyft's laser focus on transportation comes amid what it said is a rationalizing ride hailing market. Uber's focus remains on the platform and a range of services. We lay out the puts and takes behind the numbers. |
| KLW Commentary | Why FedNow Will Slow Real-Time Payments A week ago today, the Fed made official its plans to build and operate a real-time payments network in the U.S. With a rollout planned for 2024, Karen Webster said itâs not exactly moving the payments ecosystem forward, faster, to having a brand new set of ubiquitous real-time payments rails. And that, she said, will only slow things down for some, while others will use their assets and the next half-decade to make hay while the faster, even real-time, payments sun shines. Hereâs her take. | | |
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