A blog to my bank friends. Sorry for typos.. feedback appreciated! Thought for the day Open systems garner greater participation, but margins are held either by orchestrator or proprietary components that offer unique performance or capabilities. Payments and Banking are trust … Continue reading
Terrible Idea that will have minimal impact. Continue reading
The top questions coming out of Money 2020 were: is the US payments environment maturing? Are there still opportunities for break out growth? Where? Who is best positioned and why? Today I will be taking part of that on. Continue reading
This rule will happen. It makes logical sense the consumers own their data and have a right to send it to whomever they want. Continue reading
The economic model in payment is the key to success. This is the V/MA innovation. Parties that own risk must be compensated for it. Successful payment networks revolve around a shared and enforceable definition of roles, standards, counterparties, trust and risk. These attributes and the operating model drive scale and participant investment. Regulatory-driven initiatives like SEPA, and PSD2 (open banking) have failed because of this dynamic. Continue reading
Changes in settlement have the potential to unbundle banking, payments drive changes to central bank power and FCY reserves. Where open banking breaks open the FRONT END, settlement remakes the back end. Continue reading
This is the last of my 5 part blog series that started over 6 months ago. Continue reading
Starpoint provides advanced sessions focused on understanding the payments environment and the dynamics between banks, networks, retailers and other 3rd parties. We can be used as facilitators in a planning session, or in a lesson format with pre-reads. Example topics … Continue reading
Assessing the Environment and Setting the Focus (part 2 – Power of Bank Networks) © Starpoint LLP, 2022. No part of this site, blog.starpointllp.com, may be reproduced in whole or in part in any manner without the permission of the … Continue reading
Most of you techie’s out there had a physics class at some point and can recall the Observer Effect in Quantum Physics: the act of observation can change the measured results. Observation in payments has become the second largest driver of margin Continue reading