Head of Payment Partnerships @JoinOnePay | prev @Upwork @Shopify @Uber 🌎 passionate about democratizing financial services, work and entrepreneurship
Chicago, IL
Joined October 2010
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Domingo Meneses retweeted
.@KamalaHarris will be a president for all Americans. She actually cares about making your lives better. Donald Trump only thinks about himself.
I want you to remember this: if someone doesn’t respect you, they should not represent you. That’s not what you need in your life. And we don’t need Donald Trump leading our country for another four years.
BNPL & EWA:
- reporting into credit bureau needs to ideally be an opt in from consumers
- open banking will help with underwriting in the US
- open payroll could help more with EWA
- only 4% paid BNPL late fees in US on @Klarna
- immigrants / thin or no file still challenging
You come all the way to a payments conference just to find out it’s really the hotel check in process that’s broken 😅
B2B panel at M2020:
- RTP and FedNow mainly being used for lending, payroll and real estate payouts. @ModernTreasury is seeing $1B of real time payments
- checks are still here but RTP and maybe even more so RFP might eat into them
- @ModernTreasury did RFP tests this spring
@BainandCompany in working with clients:
- Banks still trying to understand the “cannibaliztion” and incentives behind real time payments
- data, AI and the bank as a “vendor” to the fintechs are thorny areas B2B BaaS is navigating
- how to thread humans and compliance + AI
Big programs like Revolut and Wise in the US going to Lead Bank off the windfall of Evolve and other consent orders.
Curious why is Lead or Column a better place to land? What other options do these programs have - any other strong sponsor banks out there?
fintech friends - anyone know what the commercial structure is for these gpay virtual cards? Is Google the issuer of these cards and makes interchange? do they become the MOR for the transaction? Who is gpay using to issue these cards?
I've always wondered!🤔
👀👀
Beyoncé has reportedly arrived at the United Center, according to MSNBC contributor Katie Phang who posted on X.
More on the DNC and Beyoncé: trib.al/BdiD5nm
Great 101 on cobrand cards for all looking to brush up. I personally love this space and the nested loyalty / payment complexities within these partnerships.
Anyone out there building in this space?
youtube.com/watch?v=bJc8iZRx…
Does anyone have good source on how gift cards are used by fraudsters and the size of the problem? Looking at you @truptinatu 👀
Can see this having a Soho House like membership tied to its loyalty program - retail + members club 💯
Blood, sweat, and tears. So proud of the team for what we’ve been able to accomplish since 2011, sometimes I truly can’t believe how far we’ve come. This is what 2.5 years of planning, designing and building looks like. The spaces will always be the very essence of our dna, and I couldn’t be happier with the way this one turned out. Malibu, see you guys very soon.
LATAM neobanks scooping up SF companies - love to see it! 💪🏼 techcrunch.com/2024/06/26/nu…
Seems like almost every video on here is a TikTok video - interesting how one app benefits from the other.
Are there other examples where a business benefits from its competition in this way?
Pretty cool - card vending machines. Could be good for underbanked regions like LATAM where there’s branch deserts and mail addresses are unrealizable.
Will @nubank do these? 👀
#Revolut card vending machine in action at Leonardo da Vinci–Rome Fiumicino Airport.
You pick up a card with a QR code, sign up for an account and connect your new card via @RevolutApp and now you have a financial toolset for your trip.
T/y @officialflorint
Building in house credit programs is hard - why I think Shopify’s partner decision to build on top of Affirm seems like the right choice. Even that had is learning curve! 9to5mac.com/2024/06/17/apple…
