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February 12, 2018

The Monday Conversation

Previse CEO: Fixing What’s Wrong With Supplier Payments

SMBs need trade finance for only one reason: They don’t get paid the instant they send an invoice. Previse CEO, Paul Christensen, told Karen Webster how the credit card model was the inspiration for an enterprise payables platform that turns invoices into the digital equivalent of cash-on-demand payments for SMB suppliers. Here’s how it works.

 

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Canada’s Debit Network

A Decade In The Making, Here Comes Interac 2.0

What’s 10 years between friends? It took a while, but the new Interac debuted earlier this month, bringing together two companies and disparate functions across payments, from transactions to R&D. Interac CEO Mark O’Connell lays out the roadmap for his (new) firm for Karen Webster, a straight and narrow path after a long and winding road.

 

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Data Dive

The Anything is Possible Edition: Pot, Bitcoin And Bank Branch Closing

What do payments and the Olympics have in common this week? Both are good places to see the impossible happening in real life. Thought bitcoin couldn’t bust, the Treasury Department would never be the pot industry’s best advocate or that bank branches would be worse off today than during the Depression? Well, it was a good week for thinking differently.

 

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The Fallacies Of Big Data

In The Age Of Big Data, Why Are We Still Flying Blind?

In a world of big data, AI and machine learning, we have all the data and tools we need to make decisions about what’s good for consumers and even the direction of our economy, right? Nope, Karen Webster says. What’s worse is that we’re not only drowning in data, but the ways we’ve always measured and used it for decision-making are no longer relevant. Instead of more data, here’s what she says we need, desperately, instead.

 

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