Headline News from PaymentsNews.com – March 11, 2014

On the Web:

  • A Deeper Look at Uber’s Dynamic Pricing Model – Above the Crowd (Bill Gurley) – “So why does Uber’s dynamic pricing even exist? The answer lies in understanding that Uber is fundamentally a marketplace, where supply is controlled not by the company but by the legion of independent contractors and transportation providers with whom they work.”

  • Decentralizing Identity – Continuations (Albert Wenger) – “It is still early days for all of this, but the potential for these emerging decentralized identity systems is to further push power to the people and away from central authorities.”
  • Bitcoin and Cryptocurrencies: A Critical Insight – IBM Academy of Technology TechNotes – “Bitcoin allows you to transfer economic value to any individual, anywhere in the world, without the involvement or approval of a third party, at minimal cost. This architecture is unlike any payment sys-tem that has previously existed. We are now observing a proliferation of new entrants building on its insights.”
  • Top 50 credit unions grow in the face of new regulations – SNL Financial – “After several years of growth, the nation’s credit unions saw the first drop in aggregate net income since 2008.”
  • McDonald’s Sweden takes mobile payments to the next level – Mobile Commerce Daily – “The technology is being powered by Seamless’ SEQR mobile wallet solution.”
  • How Banks Should Respond to the New Players in Payments – Bank Systems & Technology – “Silicon Valley Bank has taken a different approach to new payments players, by using its unique position in the “cradle of innovation” to incubate payments startups in partnership with MasterCard, Reekita Grewal shared.”
  • Millennials see banks as irrelevant | Scratch – “This turned out to be a longer post than I expected. The catalyst was the millennial belief in irrelevance of banks. This is not to be ignored or ignored at your banks peril.”

On the Wires:

Updates from Glenbrook:

Headline News from PaymentsNews.com – March 11, 2014
http://feedproxy.google.com/~r/PaymentsNews/~3/1jY7AOJJHZA/headline-news-from-paymentsnewscom-march-11-2014.html
http://feeds.feedburner.com/PaymentsNews
Payments News – from Glenbrook Partners
Payments News ISSN 1556-4487. Compilation Copyright © Glenbrook Partners LLC, 2002-2013. All Rights Reserved.