Payments News
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Opinion

Visa, Plaid, Networks, and Jobs

“It’s easy to forget just how many things a business that takes credit cards does not need to do: it does not need to extend credit, it does not need to collect payment, it does not need to handle excess amounts of cash. It does not, as Nocera noted, need to have much back office […]

On The Web

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Opinion

2020 Could Be the Year Bitcoin’s Fee Market Is Put to the Test

“The past two “halvenings” have passed without incident. Bitcoin’s price has increased consistently over the past two reward eras, so that the dollar amount of the block subsidy is now higher than it ever was in either of the earlier eras. The price has also grown about as fast or faster than overall transaction volume. […]
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Opinion

Privacy in a Digital World

“Technological progress has created a situation of severe tension and incompatibility between the right to privacy and the extensive data pooling on which the digital economy is based. This development requires new thinking about the substance of that right.”
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Opinion

If You Use Venmo the Good Way, Your Life Will Improve

“So the next time one of your friends is feeling sad—this should only take 30 minutes or so—try sending them a little treat in the form of a small-sum Venmo. They’ll feel good. You’ll feel good. And when we’re all feeling good, that’s when we rally together, high off selflessness or selfishness or some blend […]
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Opinion

Innovate & Differentiate for True Financial Inclusion: Sachin Bansal

“2020 once seemed futuristic enough to envision transformation at scale, yet close enough to set as a target and hit goals. As 2019 draws to a close, Mint invites corporate leaders to share their vision for the next decade. Sachin Bansal, co-founder and CEO, Navi Technologies, co-founder of Flipkart and technology entrepreneur, shares five ideas […]
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Global

Opinion: Canada’s Sub-standard Payments System Is Only Supporting the Incumbent Banks, Not Canadians

“As a course correction, Finance Canada must seek legislative amendments to the Canadian Payments Act authorizing paytech companies as eligible members of Payments Canada and enshrining competition as a stated public policy objective for the payments system. Furthermore, the Minister of Finance should issue a directive to Payments Canada requiring the completion of the proposed […]
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Opinion

The Future of Banking Is … You’re Broke

“The latest wave of tech-based financial startups have a new angle on the banking sector: They’ll assume that everyone is out of money, then try to monetize their brokeness. So-called neo-banks , or challenger banks, have been all the rage in Europe and Australia for the past few years. Now they’re starting to get attention […]