When explaining the economic “DNA” of Market Platform Dynamics, I always describe it as having its roots in the work of a genius French economist, Jean Tirole a long-time colleague of the two economists who also happen to be our Chairman and Founder, Dick Schmalensee...
While it is a well accepted idiom that the road to hell is paved with good intentions, the corollary wisdom that the path to simplicity is often paved with cacophonous confusion is often overlooked. That is a shame for the powers that be at Simple,...
Want to be the smartest person in the room on Monday morning? Check out a few of the stats that you may have missed last week about Apple Pay, PayPal and consumer spending. Get the Full Story Complete the form to unlock this article and...
Regulations for the providers of financial-transaction infrastructure aren’t going to return to pre-financial-crisis levels — in fact, they’re likely to be an ever-increasing burden for everyone involved in a transaction. But regulators could make that burden easier to handle by providing more guidance on what...
The CFPB is worried about checking, particularly consumers’ access to it. In remarks recently released by CFPB head Richard Cordray, he affirmed the basic necessity of access to banking products for the American consumer. Get the Full Story Complete the form to unlock this article...
It looks like the sale of H&R Block’s bank business to BoFI Holdings will be on hold for the rest of the year, as regulators have essentially bounced back the application. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Venture Capitalist—and graphical Web browser creator—Marc Andreessen is looking at the payments space as an area that needs to—and can—be fully recrafted. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The House Banking Committed lended it’s voice to the growing chorus of those calling for the discontinuation of Operation Choke Point–a federal initiative that seeks to limit the reach of various suspect businesses (pornographers, fireworks dealers, Ponzie Schemes, dating sites, ammunitions dealers, etc.) by “choking...
Regulation makes strange bedfellows, and possibly none stranger than pornographers and payments processors who have banded together to fight federal legislation that seeks to limit the means by which suspect industries access and use money. Get the Full Story Complete the form to unlock this...
