Mobile payments adoption continues to increase in the United States, and branded mobile payments apps and cards continue to drive usage. Branded cards and apps reward consumers for increased use, which can drive consumer loyalty. Following that premise, Tyler M. Forbes, community manager at Chicago-based mobile payments startup AeroPay, invited me and Nancy K. Brooks, an … [Read more...] about What Cashless Means for a Retailer
Can Chicago Become a Crypto Capital?
David Carman and George Vukotich, co-founders of the FinTank incubator, are pursuing a vision of Chicago as a center of cryptoasset trading. More than 120 other FinTech professionals share that vision enough to have spent a couple of hours on Monday, Mar. 18 in the Loop discussing how to make the vision a reality. It was a positive atmosphere, and I’m glad I was … [Read more...] about Can Chicago Become a Crypto Capital?
Chicago Payments Startups Tackle the Tough Problems
Solutions presented at the February Chicago Payments Forum meetup focused on credit-card fraud, accounts receivables, merchant access, and consumer identity. Four Chicago-based startups presented to about 50 professionals with interests across the payments ecosystem, including bankers, startup founders, investors, lawyers, and marketers. Occasion. Aksh Gupta, co-founder … [Read more...] about Chicago Payments Startups Tackle the Tough Problems
Three FinTech Themes for 2019
Chicago's Hyde Park is a world away from LaSalle St., the city's financial center. I'm willing to fly halfway across the country and even around the world to learn about new FinTech companies and trends. Going to a part of the city I rarely visit shouldn't seem so out of the way. Yet it did - but it was even more worth it to get another view of Chicago's entrepreneurial … [Read more...] about Three FinTech Themes for 2019
Chicago Payments Influencers 2019: Winter Meet Up and Demos
The payments industry is off to a bang in 2019, with Fiserv buying First Data for $22 billion after a year of record FinTech investment. Security, B2B payments innovation, and blockchain technology remain top concerns for the year. Come see how Chicago payments firms and influencers have to say 5:30 - 8:00 pm, Wed., Feb. 20 at 227 W. Monroe 52nd floor, Chicago. That's the … [Read more...] about Chicago Payments Influencers 2019: Winter Meet Up and Demos
U.S. Faster Payments Present and Future
Everyone wants to get paid faster. As faster payments systems come online from central banks around the world, the United States lags with an aging, efficient, and relatively slow payments infrastructure. That's changing as consumers come to expect payments to work as immediately as commerce in general. The Chicago Payments Forum hosted two startups providing solutions for … [Read more...] about U.S. Faster Payments Present and Future