More than a few factors account for the explosion of the gig economy. Perhaps most obvious is the fact that that rapid technological advances in the payments industry have made it possible. Another is the yearning many experience for independence and self-employment. Yet another is the relief the gig economy holds out for the unemployed and […]
I shall open with a rhetorical question: Is anyone not looking into launching another crypocurrency? Right now, CoinMarketCap lists 2,346 of them, from giants like Bitcoin to not-giants like Onedex. But today’s rhetorical question is more about the fact that, besides Facebook, JP Morgan and Walmart are in, Goldman Sachs is taking a serious look, and speculation is mounting that Amazon will […]
Thanks to peer-to-peer payment, fondly abbreviated to P2P, it’s now possible to split tabs at restaurants and reimburse friends for odd expenses without having to handle currency. And, much to my kids’ joy, extended family members can send birthday cash faster than ever, without resorting to checks and envelopes. But lunch buddies, friends, and grateful […]
Someday the payments industry may rely on thought alone. PayPal founder, serial entrepreneur, and rich dude Elon Musk recently announced that his company Neuralink plans within a year to have a device that allows people to use their minds to work a computer. It’s too soon to get excited—many a Musk project has fizzled—but the dream is reality-based. In […]
If you happen to visit First Data’s home page, you may notice a big, blue rectangle hovering it. It says, “First Data is now Fiserv.” It was in January of this year that Fiserv and First Data announced plans to become one company under the Fiserv name. Now, seven long months later, the deal is complete. Accuse me […]