Tagged with MA

US Payment Innovation and Regulation

A core “investment assumption” by TCH banks was that “regulators” were going to force the use of tokens in the US. As a primary means for meeting obligations under BSA/AML. The “value proposition” pitched to pilot participants was thus “regs are coming which will drive PayPal out of business.. everyone will be required to tokenize.. pilot participation means you can have a jump on everyone else.” Obviously this has not been the case.. Continue reading

Divide and Conquer: Commerce Battlefield

What “standards” are there in commerce? Do we advertise in the same way? Locate in the same geographies? Price products the same way? Have the same eCommerce or mobile “store” and services? What about Payment? Payment is perhaps one of the few “standards” that retailers have in commerce. I had an “ah hah” moment at … Continue reading