Glenbrook’s Elizabeth McQuerry and George Peabody talk with CBW Bank’s Suresh Ramamurthi on payment innovation, risk management, and international remittances. Suresh is also founder of Yantra Financial Technologies. He and his wife Suchitra Padmanabhan were featured in this NY Times Dealbook article last month. Also quoted in the Dealbook post, Elizabeth found both Yantra’s technology and their use of the CBW Bank business as an innovation platform exciting.
Payments Post #17: Cutting Costs
In this Payments Post, we discuss the DOJ bringing a lawsuit against Visa that alleges the company operates an illegal monopoly in the debit card space. Does the argument have merit in our non-legal minds? And if so, what could the DOJ’s move mean for an evolving payments landscape?