Author Archives: Thomas Purves

The biggest coming threats to Visa and MasterCard, are also their biggest opportunities

Posted on September 23, 2024 by Thomas Purves

So I was initially a little intimidated to be on the same conference agenda as folks like Eric Schmidt, Pat Gelsinger, John Rettig (President of Bill.com), Ed McLaughlin (President of MasterCard). But, there I was, invited by the good folks … Continue reading →

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Insights from New York Fintech Week 2024

Posted on April 17, 2024 by Thomas Purves

  It’s a sign of strong conference content when you are constantly wish you could be in every conversation track at the same time. Thanks to Empire Startups for putting together a stacked program for this year’s Empire Fintech Conference … Continue reading →

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Who wins after the card networks’ recent compromise with US merchants on interchange rates?

Posted on April 11, 2024 by Thomas Purves

There’s a way of thinking about the job that interchange fees actually are. The bulk of interchange fees flow back to cardholders in the form of rewards (particularly points or cashback on purchases) as well as general card features and … Continue reading →

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