Failure news and trends

Rising Delinquency Rates Dampen Reports Of Stronger Business Performance
B2B Payments // December 17, 2018

There is a lot to be optimistic about for U.S. businesses. A strengthening economy and forecasts of new revenue heights have corporates large and small looking up. In the latest “Biz2Credit Small Business Lending Index,” researchers found — yet again — that financial institutions (FIs) are continuing to...

Visa Hit With System Failure In UK And Europe
VISA // June 04, 2018

Visa customers in parts of the U.K. and Europe weren’t able to use their cards on Friday (June 1) after a system failure prevented transactions from being processed. “Visa had a system failure that impacted customers across Europe,” the company said, according to The Wall...

What Only The “Almost Famous” Know About Payments
Controversial // October 20, 2014

Nobody in the real world likes failure.  When new business ventures are launching, entrepreneurs talk about the great and potent success they plan to enjoy, not the many valuable lessons they will learn in the wake their inevitable failure – a reality is that 99.99...

Quick Reads
Bitcoin Daily: Last Year’s Crypto Startup Failure Rate; Deutsche Börsem Swisscom To Create DLT Ecosystem

March 12, 2019
Deutsche Börse, IT services provider Swisscom and FinTech firm Sygnum announced they are partnering to create a digital asset infrastructure on blockchain. Together, the firms will offer a “regulatory compliant ecosystem” that includes issuance, custody, access to liquidity, and banking services, which will all use distributed ledger technology (DLT). “Switzerland, known to be a nucleus […]

Visa Hit With System Failure In UK And Europe

June 04, 2018
Visa customers in parts of the U.K. and Europe weren’t able to use their cards on Friday (June 1) after a system failure prevented transactions from being processed. “Visa had...