There’s no way to get around talk about the coronavirus. Now in over 80 countries, it’s touched on nearly every aspect of life for people around the world. Its impact on the FinTech landscape is no less profound, but its long-term effects are still an open question. A consumer slowdown and long-term recession could lower valuations for FinTech startups and lead to a pullback … [Read more...] about FinTechs Could be a Vital Tool in Solving Coronavirus Problems
FinTech Platforms Emerge in Wealth Management
Software companies are seeking to use the “platform” model to extend their reach and help segments of the wealth management industry use technology to retain clients and expand market share. “It is well established that when software platforms enter into any market, they virtually always win, and they win big,” said Lawrence Johnson, SVP and Head of Fintech Engagement for … [Read more...] about FinTech Platforms Emerge in Wealth Management
Chicago Payments Forum Networks, Plans 2020 Events
The Chicago Payments Forum met for networking and 2020 event planning Feb. 18 to catch up on the state of the business in 2020 so far. Bottom line: it's a busy start to what's shaping up to be a busy year both for the work payments professionals in all sectors are doing and in new technologies and deals in the industry as a whole. We are planning to host several startups and … [Read more...] about Chicago Payments Forum Networks, Plans 2020 Events
Stripe Mounts B2B Payments Tech Ad Campaign in Chicago
Stripe, the software platform for adding payments capabilities to ecommerce stores, is advertising throughout Chicago's financial district on both street ad kiosks and Chicago Transit Authority El train platforms. It's the first B2B payments advertising I've seen outside of a payments or FinTech conference. Last summer, consumer-oriented payments and FinTech firms took to … [Read more...] about Stripe Mounts B2B Payments Tech Ad Campaign in Chicago
Payments and Treasury Trends: Canright Clients Connect
Canright's clients have been busy presenting the technology trends that are determining the future of payments and banking technology for bankers, corporate treasury managers, the software developers that support them, and the consumers they serve. Here are some recent examples: Al Pascual: Getting Ahead of Financial Crime Through Proactive Engagement A leadership profile … [Read more...] about Payments and Treasury Trends: Canright Clients Connect
Canright Comment on FedNow Realtime Payments Proposal
The Board of Governors of the Federal Reserve System sought comment on the proposal "to develop a new interbank 24x7x365 real-time gross settlement service with integrated clearing functionality to support faster payments in the United States," called FedNow. My comment follows. It's posted along with nearly 200 others on the Board of Governor's website. COMMENT Federal … [Read more...] about Canright Comment on FedNow Realtime Payments Proposal