READ ALL ABOUT IT: Blockchain, Instant Credit & Coin 2.0

April 8, 2016 CO-OP Financial Services

Insight Vault Week in ReviewInstant Credit Could Take the Place of Cards
Let’s Talk Payments

For the 60 percent of Millennials who don’t own credit cards, an instant point-of-sale loan is an undeniable plus. Maybe that’s why instant credit is picking up steam.
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Blockchain Won’t Eat Banks – Yet, Says Citi
Wall Street Journal

Blockchain technology could improve trade finance and cross-border payments, a report from Citi says, but probably not in the intermediate term.
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Will the Coin 2.0 Smartcard Work This Time?
Forbes

Remember Coin? The hotly hyped smartcard raised $50,000 in crowdfunding in its first hour of fundraising, but its first iteration bombed. Now it’s back with version 2.0, proving that a failed launch isn’t the end of a company – or a product.
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The Fastest Path to Faster Payments in The U.S.
PYMNTS

Forget government initiatives. What if the fastest route to faster payments in the U.S. meant killing checks – and the rails that exist to support them? Would we? Could we?
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Partnering with Chase: What’s in It for Starbucks?
The Motley Fool

Starbucks is teaming up with Chase to offer a prepaid Visa card that will earn Starbucks Reward pointsChase is also replacing Square as Starbucks’ non-mobile transaction processor. Is this good news for Chase? And what’s in it for Starbucks?
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