Square brought small business payment terminals into the modern day. The simple, clean Square dongle has become widely recognized as the icon of new-age payment. Now, the company is eyeing its valuable set of transaction data to make loans. Square’s visibility into otherwise secretive transaction data allows them to loan to business owners on the basis of business performance.
Could this be the future of lending?
Should banks implement blockchain technology for their cross-border payments business? Should they utilize the technology across all processes?
The digital payments revolution is challenging traditional banks to remain relevant to their customers.
Stripe, a fintech startup, is using digital technology to transform the e-commerce and mobile payment processing industry, but will it be able to outcompete industry behemoths like PayPal?
Worship podcasts. Text-to-tithe. YouTube sermons. A look at how churches are embracing technology.
Summary
Wechat, the Chinese version of Facebook develop “In-Wechat-Apps” that combine the third party Apps into the one platform that the consumers can use all functions in Wechat App without downloading the native 3rd-party App.
Local players can gain significant market share and raise barriers to entry to their market when they have a good alignment between their operating and business models. In this article, we will review Conekta, an online payments solution, that strayed from their original value proposition and has left them at risk with the entrant of new global players.
I evaluated Visa Inc.’s business and operating models and I believe that the company is a “winner” in its ability to align the two. Company Overview: Established in 1958, Visa is a global payments technology company that connects consumers, businesses, […]
How to go from a soon-to-be unicorn to complete failure in one year
Conceived in 2012 to save retailers $15 billion in annual payment card processing fees, CurrentC is still not widely available, largely due to a disconnect between MCX’s business and operating models.
