The No Zombie Innovators Expo

CB Insights recently released a report that said many startups are dead but limp along like zombies for a long time before they literally take their last breath and collapse. That pretty much sucks if you’ve spent the last 20 months vetting nothing but zombies....

Innovation Project 2014: Look Who’s Talking

Earthquake Aftermath in Haiti: The Rise of Mobile Money Adoption and Adaptation [1]

Introduction In a cybercafé in downtown Port-au-Prince, Jean Yves deposits money into his TchoTcho Mobile account. Michel, his brother who owns the business, recommended that he register for this mobile money service so that he doesn’t have to carry money across town and risk being...

Dangers of Assuming Invincibility – Could Your Firm Go the Way of the Typewriter Makers?

There was a lot of great stuff that came out of the Payments Innovation Institute at Harvard last week but two anecdotes that have absolutely nothing to do with payments specifically, I think, provide some of the more thought provoking insights around the pitfalls and...

Earthquake Aftermath in Haiti: The Rise of Mobile Money Adoption and Adaptation [1]

Introduction In a cybercafé in downtown Port-au-Prince, Jean Yves deposits money into his TchoTcho Mobile account. Michel, his brother who owns the business, recommended that he register for this mobile money service so that he doesn’t have to carry money across town and risk being...

Re-Routing the Exclusivity and Routing Provisions of the Durbin Amendment*

Late last year, the Federal Reserve issued a proposed rule that imposes on every bank and credit union an obligation that is virtually unheard of outside of the context of railroads and other common carriers – a “must carry” obligation. [1] According to the Federal...