Payments Innovation 2017 John Chaplin, Chairman, Global Payments Innovation Jury Payments continues to experience unrelenting innovation worldwide, with established players trying to defend and grow their existing business and new market entrants aiming to grab a share of the market for themselves. While operating margins are under pressure, the payments sector remains … [Read more...] about Payments Innovation 2017
Payments Power
FINTECH ARTICLES OF THE WEEK 07/24/17 The payments sector of the FinTech ecosystem heats up this month. Recent developments in the largest and most mature FinTech sector include release of the final report of the U.S. Faster Payments Task Force, major consolidation among worldwide payments processors, and reports of high growth in person-to-person (P2P) payments. Last … [Read more...] about Payments Power
BLOCKCHAIN WATCH 7/24/17
London Stock Exchange to start using blockchain “London’s Stock Exchange is set to start using blockchain to improve transparency for shareholding information among unlisted businesses,” ITProPortal reports. This new use of blockchain is being implemented with the hopes of achieving a higher level of confidentiality and security for users that traditional exchange methods … [Read more...] about BLOCKCHAIN WATCH 7/24/17
What FinTech Means
FINTECH ARTICLES OF THE WEEK 07/16/17 "When you think of FinTech, do you think of it more as a product or a service?" It was a question asked by a member of the audience at the Incubate Illinois FinTech panel sponsored Wednesday by the Chicago law firm Freeborn & Peters. It occurred to me that I take it for granted professionals in finance and technology understand what … [Read more...] about What FinTech Means
BLOCKCHAIN WATCH 7/16/17
When blockchain stops being a big scary word. It seems we are nearing the point where blockchain won't be explained as a technology but accepted simply as a business tool, writes London-based investment writer Vered Zimmerman. Today, it takes more time to convince stakeholders of the benefits than it does to deploy the technology, and the discussion is starting to shift toward … [Read more...] about BLOCKCHAIN WATCH 7/16/17
Chicago’s FinTech Fizzle?
FINTECH ARTICLES OF THE WEEK 07/02/17 Start with Crain's Chicago Business reporter Lynne Marek's excellent macro overview of Chicago tech leaders' failureto pull together a coordinated FinTech hub, "Chicago should be a FinTech hub. So why isn't it?" In terms of venture money, Chicago falls way short, as Marek and her colleague Joe Cahill point out. Yet in terms of micro … [Read more...] about Chicago’s FinTech Fizzle?