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PayX Bulletin – Payments FinTech bubble over stretching … Powa Technologies fallout

On 19 Feb 2016 the biggest UK-based Fintech hopeful called in the administrators. Powa Technologies, claimed to be worth $2.7bn by its veteran e-commerce founder Dan Wagner, had raised $175m since he founded it in 2007, but failed to convince their investors to continue backing the venture.   At-a-glance • Largest external investor, Boston-based Wellington…

PayX speaks at CA API Summit‏

This November London will host the latest addition of the API360 Summit. Created by The API Academy of CA Technologies, the API360 Summit provides a gathering place for the world’s top API strategy, design and management experts. The free summit will take a 360-degree look at how organisations of all kinds can use APIs to…

ATM Marketplace on the PayX Report – Who’s on first and who will lead down the stretch …

Article by Richard Buckle The papers this week have been full of stories about baseball trades, as teams review their prospects for the post-season. Traditional powerhouses are looking over their shoulders at perennial challengers while teams that have never tasted the “big leagues” look on longingly. It was against this background that I finally got…

Core Business

Getting ‘back to core business’

Over the last 4 years we have seen the payments industry in “disruptive change”. Well established organisations have all been challenged by alternative players and all are moving through change cycle stages with varying degrees of speed and success. What appears to be most interesting now is that several of the established players are reaching…