Richie Serna, CEO of Finix Payments, has had a front-seat view of the rise of FinTech payments. In a conversation with Collin Canright, Richie talked about His on-the-job education in payments integration. The influence of his immigrant parents and how Finix got its name. Competition with FinTech payments leader Stripe. The history of payments distribution. The … [Read more...] about Exploring the Future of Payments with Richie Serna, CEO, Finix Payments
Technology
The Neobanking Revolution in 2024
The year 2024 stands as a landmark in the financial services landscape, marked in part by an expectation of continued growth in neobanking. Referring to a new breed of financial institution, these digital-first organizations are redefining the traditional banking model, catering to the modern demands for rapid, efficient, and personalized financial services by operating solely … [Read more...] about The Neobanking Revolution in 2024
Toward Connected Finance
This post grew out of watching demos at Finovate Fall 2023, in New York. Given that 2023 is the year of AI, it was no surprise that AI played some role in most of the demos and many of the panels. The main essence I noticed in the demos was their focus on applications that connect to banks to supplement their clients' financial needs. Many of the FinTech firms seek to … [Read more...] about Toward Connected Finance
The Evolution of Payment Systems: Bridging the Gap Between Technology and User Engagement
A panel of payment industry experts recently convened to discuss the significant shifts occurring as businesses of all sizes adopt technology like faster payment methods, such as automated clearing house (ACH) and real-time (or instant) payments. These advances aim to transform transaction speeds and address the varied strategic demands of the financial sector's … [Read more...] about The Evolution of Payment Systems: Bridging the Gap Between Technology and User Engagement
Cryptofinance Reports I’d Like to Read
I'd like to read them all, but not now. These are some of the reports I've put aside over the last few weeks to refer to when "I have more time" or the need arises. Feel free to add your contributions in the comments. Research Reports On-chain Foreign Exchange and Cross-border Payments https://lnkd.in/gHheAT9B A study of the use of distributed ledger technologies in the … [Read more...] about Cryptofinance Reports I’d Like to Read
Real-Time Payments: Complex, but Crucial
Real-time payments, also known as instant payments, promise faster processing times and improved security compared to traditional methods. Despite its potential benefits, its impact on the finance industry remains an area of concern that requires real planning. Understanding the current state of real-time payments and analysis of its future potential and challenges is critical … [Read more...] about Real-Time Payments: Complex, but Crucial