THE FINTECH COWBOYS

UNCLE SEAN'S WEEKLY UPDATE

Happy Friday!!! Don’t forget to sign up here to have the Uncle Sean Update sent direct to your inbox each week.  While you are there, check out this fantastic interview with Steve Reich, Principal at Granite Creek Ventures.  Without further ado, here is the Uncle Sean Update for 9/17/21: I found this to be very interesting…  Square announced that Square Sellers will be able to accept payments through Cash App Pay.  I admit that I had to read through that a few times myself.  Another way to...

Happy Friday! Short weeks are always crazy busy!  Here is the Uncle Sean Update for 9/10/21: Remembering 9/11 twenty years later…  I was a Senior Accountant at Chickasaw Telephone Company and was in the middle of intercompany reconciliations when the news broke that morning.  Many of us went into one of our conference rooms and watched on the TV as the terrible events unfolded.  Our world changed forever that day.  Many years later while working at Samsung, I would find myself in the middle of...

Happy Friday & Happy Labor Day Weekend!!!! Don’t forget to click here to subscribe to the Uncle Sean Update and get it delivered to your inbox each week – all the cool kids are doin’ it!!!  Here is the Uncle Sean Update for 9/3/21: Amazon taps Affirm to offer BNPL feature to the AMZ shopping cart at checkout for orders greater than $50.  Currently testing with select Amazon customers, but is expected to be widely available soon (just in time for Christmas – CHA-CHING!!!!).  PYMNTS.com has...

Happy Friday!!! Here is the Uncle Sean Update for 8/27/21: Check out our Fintech Cowboys site (powered by FedFis data) where you can sign up to get the Uncle Sean Update emailed direct to your inbox.  While you are there, check out the Chris Williston (CEO of IBAT) interview - “… banks are saying maybe there is something to this fintech sponsorship or direct bank offering” – you betcha!!!! Stash gets the top spot on the Uncle Sean Update this week with the announcement of a multi-year...

Happy Friday!!! Here is the Uncle Sean Update for 8/20/21: Check it out – due to an overwhelming amount of demand (y’all know how to make Uncle Sean blush) you can now subscribe to receive the Uncle Sean Update (free of course) via email at our sister-site https://fintechcowboys.com/uncle-seans-weekly-update/ - WOOHOOO!!!!!  Of course we will still post on LinkedIn as well as at FedFis Bulletin each week.  Look for even more great industry interviews and podcasts to come...

Happy Friday the 13th!!! Here is the Uncle Sean Update for 8/13/21: JPMorgan Chase launched a real-time payments option called "request for pay" that enables “corporate clients to send payment requests to the bank's roughly 57 million retail clients who use its app or website, cutting the cost and time it takes for those companies to get paid”. I admit it, at first I laughed thinking “all I have to do is delete the message” – LOL.  However, this does make sense when you think about...

Happy Friday!!! Here is the Uncle Sean Update for 8/6/21: FYI – there are some new “Off the Reservation” opinion pieces in this Uncle Sean Update.  They are designed as such – opinion pieces to get you thinking and talking amongst yourselves.  Feel free to reply back to me to tell me you love it, how much you hate it, or even how much of an imbecile you think I am - LOL!!!  Uncle Sean welcomes all comments!  ENJOY!!!!! Unless you were on a completely different planet this week, you undoubtedly...

Happy Friday!!! WOW - It was another action packed week so let’s get to it!!!  Here is the Uncle Sean Update for 7/30/21: It’s Fed Week!!!!  Guess what – nothing happened - again LOL!!!!  Here is the non-eventful FOMC statement as well as Chairman Powell’s  press briefing video and transcript (warning – the video is about an hour long and unless you are a super-dork like me, you will fall asleep).  All kidding aside there were some important notes from Chairman Powell’s press briefing.  Here...

Happy Friday!!! Here is the Uncle Sean Update for 7/23/21: Special shout out and congratulations to Clair (embedded payroll platform with mobile banking including Mastercard debit card, savings, instant wage access, P2P, etc.) for completing their SOC 2 Type1 audit and certification!!!! Square announces the launch of Square Banking…..  Okay, so Uncle Sean has been making fun of the “Square Banking” announcements for a few months.  Since Square is now a regulated and chartered bank (Utah ILC),...

Happy Friday!!! Here is the Uncle Sean Update for 7/16/21: This was AWESOME and made Uncle Sean smile – Congratulations to University of Tennessee at Martin for winning first place out of 35 competing universities at the CSBS 2021 Community Bank Case Study Competition.  Check out their winning report - Analysis of TriStar Bank: Serving the Community During a Pandemic and Supporting Diversity, Inclusion, and Economic Fairness. University of Arkansas won Second Place with their report - Southern...