Was med-tech startup, Theranos, following in the footsteps of Uber and simply embarking on “permissionless” innovation? Or is its current firestorm the consequence of groupthink given its storied roster of investors and board members? With $400M in investments and a $9B valuation, MPD CEO Karen...
The law of unintended consequences is alive and well in Washington, D.C. and in particular, inside the agency formed to advocate for the consumer in matters related to financial services. So says MPD CEO Karen Webster, who compares the actions of the CFPB over the...
The Blockchain: “It’s just like the Internet.” And so starts every conversation by the devoted to explain why bitcoin and the blockchain is the technology that will forever change how financial services and payments happens around the world. Except that it’s not. MPD CEO Karen...
MPD CEO Karen Webster says that everything that you’ve heard over the last several years about how successful mobile payments are at the physical point of sale is wrong. Starting with how it’s taken off like a rocket ship in Europe and how the U.S....
[vc_row full_width=”” parallax=”” parallax_image=””][vc_column width=”1/1″][vc_column_text css_animation=””] Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
It’s September 14, 2022, eight years after the first Apple Pay network and issuer deals were signed. Does Apple own the payments’ customer relationship now? Well, in 2015, eight years after Apple did its first carrier deal, they pretty much own the mobile customer who...
Happy Labor Day! With summer coming to an end, PYMNTS decided to assemble MPD CEO Karen Webster’s best commentaries from the season — every one of which, interestingly, has a parallel to a different hit song of the summer. Listen -- or, er….read more!
Dick The Butcher, in Shakespeare’s "Henry VI," famously proposed “first let’s kill the lawyers” as the most appropriate way to jumpstart the overthrow he was cooking up. Fast forward a few centuries and MPD CEO Karen Webster posits that The Clearing House’s (TCH) latest white...
2015 has been a tough year for American Express. Its stock price and market cap have been pummeled, Costco waved goodbye (taking 10 percent of Amex cards with them), a Federal District Court judge decided it was OK for merchants to steer customers away from...
