http://www.forbes.com/sites/ericsavitz/2011/12/09/visa-the-enemy-is-cash-video/ While much of this interview with Visa is focused on the emerging market opportunity, the implications are loud and clear state side too. The overall message here to me is that the big opportunity isn’t to steal share from the other credit card players, but rather, to convert the more than 80% of payments …
Read MoreDirect Deposit and Rent Payments Are Areas Ripe for Tech Solutions 0
As read in American Banker, December 2, 2011 Download the article in PDF. A few weeks ago, I wrote a column describing the financial preferences and behaviors of underserved consumers by painting a picture of an archetypal consumer named Sue. Taking stock of the true needs of the underserved helps explain why traditional bank products …
Read MoreMounted, Armed and Underbanked 0
Yesterday in NYC one of my directors was in the lobby of his son’s high rise condo in downtown Manhattan, near the NYSE. They were moving in and spending a lot of time in the lobby. In the middle of the day a NYC Mounted Police Officer rode his horse right up to the front …
Read MoreI Need it NOW 0
Even though I talk about the underbanked every day, sometimes it just takes a personal experience to truly remind me of what this is all about. That experience for me happened a few weeks ago when I hired Carol (I’m making this name up to protect the innocent), a local horticulturist (landscaper) to help me …
Read MoreChexar CEO visits Rotary Club 0
November 18, 2011 Peggy King Cordele Dispatch Cordele — Drew Edwards, president and CEO of Chexar Networks which has announced plans to locate a call center in Cordele, spoke at the Cordele Rotary Club meeting this past week. Edwards talked about what his company does and asked the Cordele community to be patient as the …
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