Director of Payment Partnerships @Upwork 💼 🤖prev fintech BD at @Shopify @Uber 🌎 passionate about democratizing financial services, work and entrepreneurship
.@KamalaHarris will be a president for all Americans. She actually cares about making your lives better. Donald Trump only thinks about himself.
I want you to remember this: if someone doesn’t respect you, they should not represent you. That’s not what you need in your life. And we don’t need Donald Trump leading our country for another four years.
@MJenkins88 Seems like they do in Europe https://t.co/7da3Jt2PJH
But also in the US from their FAQ - it’s not very explicit though https://t.co/jUmbSBOkeW
BNPL & EWA:
- reporting into credit bureau needs to ideally be an opt in from consumers
- open banking will help with underwriting in the US
- open payroll could help more with EWA
- only 4% paid BNPL late fees in US on @Klarna
- immigrants / thin or no file still challenging
@BainandCompany in working with clients:
- Banks still trying to understand the “cannibaliztion” and incentives behind real time payments
- data, AI and the bank as a “vendor” to the fintechs are thorny areas B2B BaaS is navigating
- how to thread humans and compliance + AI
B2B panel at M2020:
- RTP and FedNow mainly being used for lending, payroll and real estate payouts. @ModernTreasury is seeing $1B of real time payments
- checks are still here but RTP and maybe even more so RFP might eat into them
- @ModernTreasury did RFP tests this spring
Big programs like Revolut and Wise in the US going to Lead Bank off the windfall of Evolve and other consent orders.
Curious why is Lead or Column a better place to land? What other options do these programs have - any other strong sponsor banks out there?
fintech friends - anyone know what the commercial structure is for these gpay virtual cards? Is Google the issuer of these cards and makes interchange? do they become the MOR for the transaction? Who is gpay using to issue these cards?
I've always wondered!🤔
fintech friends - anyone know what the commercial structure is for these gpay virtual cards? Is Google the issuer of these cards and makes interchange? do they become the MOR for the transaction? Who is gpay using to issue these cards?
I've always wondered!🤔