News

Driving Network Effects with Platforms
November 04, 2010

How do I bring in more participants? How do I increase transactions? These are just a couple of the questions Market Platform Dynamics Managing Director Tim Attinger addressed in his presentation; a part of the “New Payment Platforms for Innovation” panel. Attinger discussed the “positive...

What Payments Professionals Can Learn from FarmVille
November 04, 2010

No, we’re not talking about how to grow a great virtual blueberry patch but how software development platforms can drive innovation. David S. Evans (Founder, Market Platform Dynamics) kicked off a panel discussion on the new payment platforms for innovation. FarmVille is a virtual agricultural...

Fed’s Proposal for Interchange Rates to Be Announced Within a Few Weeks
November 04, 2010

That’s the word from Tom Brown, a partner at O’Melveny & Myers and former lawyer for Visa. He said the first draft of Federal Reserve’s proposal for debit card interchange rates should be released in the next few weeks. Whatever the decision, Brown estimated that...

The Key to Igniting and Launching Mobile Payments Platforms
November 04, 2010

Approximately 70% of people in developing countries don’t have access to finance, according to Ignacio Mas (Gates Foundation Executive). Mas then responded with what he called “the feel-good story of the day” – M-PESA from Safaricom. He highlighted how the mobile money transfer service is...

There’s Two Sides to Every [Payments Platform] Story
November 04, 2010

After a presentation by Mark Lavelle (VP of Strategy & Business Development, PayPal) about innovation planning, in which he discussed the development of Bill Me Later, Tim Attinger, Managing Director of Market Platform Dynamics and former Global Head of Product Innovation and Development at Visa,...

No Need to Give a Eulogy for Venture Capital
November 04, 2010

A great line from James Sanger (General Partner, ABS Ventures)! However, he did point out that old venture capital models seem to no longer be working. He stressed that companies need to take advantage of innovation trends, pointing out the success of organizations exploring opportunities...

Why the Time Is Right for Innovation (and Cash Is Not Dead)
November 04, 2010

The Institute is in session! The top thinkers and doers in payments are seated and ready to exchange ideas on how to continue to fuel the flame of innovation in the industry. David S. Evans, founder of Market Platform Dynamics, kicked off the event by...

Is There a True Killer App for Mobile Financial Services?
October 30, 2010

As we are all coming down off a sugar high from Halloween candy and settling in for the first week of November, PYMNTS.com has compiled a few answers from a recent Ask the Industry: What do you think is the true mobile financial services “killer...

Transcript: Can TCF Stop Durbin?
October 28, 2010

DAVID S. EVANS: Hey, everyone. This is David Evans. TCF, which is a mid-sized bank, about $18 billion of assets headquartered in Minnesota, sued the Fed – the Federal Reserve Board over Durbin last week. They claimed that the legislation amounted to an unconstitutional seizure...