BNPL: Was It All a Dream? Wake Up and Smell the Coffee

It seemed like a good idea at the time, but if you look at valuations for Aussie Buy Now, Pay Later (BNPL) stocks, you will find that you can buy one share of each remaining company for about the price of coffee at Starbucks. While the coffee might get your blood flowing with 180 milligrams of caffeine, the stocks may be worth even less tomorrow. Back in 2019, we wrote about the emergence of Buy Now, Pay Later in Australia. It seemed like a good idea, but we questioned the model's sustainability, and the unlikeliness BNPL could displace more [...]

By Brian Riley|2022-03-28T09:43:12-04:00March 3rd, 2022|Tags: , , , |

The Race Is on to Digitize the U.S. Dollar

The global payment networks, the high-tech companies, and the U.S. Government are competing in the race to digitize the U.S. dollar. With the U.S. Government in dead last, I would suggest the lead goes to the global payment networks because they have considerable advantages: Broad worldwide acceptance Account structures that enable the accumulation of value (not just private/public keys which are literally the value of any crypto and require different approaches to management within an account) Tokenized (digital) access to account balances in close to real time Support for a range of use cases as yet not possible with crypto [...]

By Tim Sloane|2022-03-28T09:25:44-04:00February 23rd, 2022|Tags: , , , |

Autonomous Vehicles and the Future of Payments in a Connected Environment

  What are autonomous vehicles? Autonomous and semi-autonomous vehicles are quickly increasing their global presence, with small-scale deployments and pilot programs happening around the world. Autonomous vehicles (AVs), also known as self-driving or driverless vehicles, have become a focal point for innovation as consumers increasingly rely on contactless payment and delivery options. Semi-autonomous vehicles have some autonomous features but are not fully self-driving. Semi-autonomous vehicles are classified as Level 1, Level 2, or Level 3, depending on how involved the driver of the vehicle must be. This article provides a basic overview of autonomous vehicles and connected vehicle payments. While [...]

By Rachel Gore|2022-03-28T09:46:58-04:00January 21st, 2022|Tags: , , , |

Bill Pay Industry 101

What is the bill pay industry? Bill payments are ubiquitous. Every adult and every business pays bills of some kind. However, the bill pay industry is often overlooked by the banking industry, even by those in the payments field. Nearly four trillion dollars in bill pay transactions are conducted annually in the U.S. Why doesn't this massive market get due attention or investment? The short answer is that financial institutions do not make money outright on bill payment services. Money changes hands during bill payments without incurring fees or accruing interest. In fact, bill payment management and technology loses money [...]

By Adam Winograd|2022-04-14T10:25:39-04:00November 22nd, 2021|Tags: , , , |


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