To anyone who has ever said there is nothing new under the sun — the example of Tuesday the 9th of November 2016 will stand as an often cited counterexample. Whether the election of Donald Trump makes you feel inclined to dance in the streets or...
While there’s no shortage of non-bank innovators, Continental Advisor’s Paul Purcell describes the innovation coming from those players as “starved.” But is the tide changing? Pro-consumer lending platform Cumulus just landed a $30 million Series A to launch a product that turns the category on...
This week is a big week for PYMNTS.com as they will play host to their annual Innovation Project. It is an annual pilgrimage I look forward to every year. I have had the great privilege of serving as an IP judge for the last three...
Several years ago, I was listening to current JW Player President, Chris Mahl, give a talk on mobile payments and loyalty. He started the speech by recounting something they lived by during his days at Oracle: “shift happens.” It does. In fact, if you follow...
February 21, 2017
A year ago, the future of short-term, small-dollar loans in the U.S. — better known colloquially as payday loans — was rather grim. The CFPB was a few weeks away from releasing new draft regulations, and the money was on regs that would by and large neuter the industry. When the draft rules were released in early June 2016 — all 1,400 pages […]
