Really Big Questions in Payments

Glenbrook’s Allen Weinberg wrote a few weeks ago about his view of the Grand Challenges in payments…. a daunting list, and one I agree with.  But I want to extend his discussion on one of his challenges:  “Realigned value chain economics in a push payment world”, and...

Enough with the 2016 Predictions – Let’s Think Bigger!

As I was slogging through the many payments-related articles and blog posts reminiscing about 2015 events and making predictions for what may or may not be ahead in 2016, I thought of a conversation I had with Scott Loftesness around 20 years ago, sometime in 1995 or...

VCs Back Receivables Exchange

Sign of the times: who’s getting investor money? A company that runs a marketplace for real-time trading of accounts receivable, enabling small and mid-sized businesses to accelerate their cash flow. via NYTimes DealBook: The Receivables Exchange, a New Orleans...

Blaming the Credit Crisis on Double Entry Accounting

Sigurd Rinde believes that double entry accounting is a root cause of the current economic calamity. He's got a point. Check this out: [except – read the whole post here] Is there a root cause? And if so, why is it not discussed? So why is it not discussed?...