Patti Hewitt posted a blog post
This week, the U.S. District Court for the Southern District of New York ruled that the OCC did not have the legal authority to grant a bank charter to an entity not eligible for federal deposit insurance.  In other words, only banks can get a bank…
2 hours ago
Patti Hewitt commented on Patti Hewitt's blog post Apple Card is About Apple, Not Credit
"Thanks for your feedback - it's interesting to think that a competing card could be a turn down factor, but that couldn't be an explicit reason (against regulations).  I think we always have to be careful to parse anecdotal evidence because we don't…"
Oct 15
Patti Hewitt commented on Keith Olson’s status
"Welcome to the network Keith. Working in a really interesting and very relevant segment of the market today."
Oct 10
Patti Hewitt commented on Patti Hewitt's blog post Apple Card is About Apple, Not Credit
"Appreciate your feedback.  I agree with your comment and get at the same conclusion believing that Apple has taken on the role of the issuer through their ability to control the value chain. 
 "
Oct 10
Patti Hewitt is going to Introduction to KEENonPayments
Sep 27
Patti Hewitt published events
Sep 27
Patti Hewitt posted a blog post
Currently, I'm working on a presentation for an issuer group who asked me to help them better understand the Apple Card.  Looking forward to presenting my ideas in more depth, but for this blog I just want to leave you with one thought:  It's not ab…
Sep 11
Patti Hewitt posted a blog post
This past week, Barclays Bank launched a Pingit wearables store.  Not exactly an Amazon for payment devices (as you'll see), but nevertheless an interesting moment in payments.  Last month, Mastercard launched its own restaurant, which appears to be…
Aug 21
Patti Hewitt posted a blog post
Somewhere around 1972, a group of banks in California created the first ACH scheme.  Since then, this incredibly durable transaction type has established itself as the bedrock of inter-bank money transfer in the United States.  Its ubiquitous reach…
Jul 25
Patti Hewitt posted an event
This is our regular monthly member meet-up.  Just a reminder that...
It's an open topic session - talking about whatever's going on in the market.
You can dial in anonymously and just listen.
Invite a friend or gather your colleagues to join in.
Jul 19
Patti Hewitt commented on Maria Smith’s status
"Great resource Maria - thanks for posting!"
Jul 19
Patti Hewitt posted a blog post
In a recent blog post, I gave some thought to how payment hubs are evolving and where these complex, but increasingly necessary, technologies fit into our present-day financial institution eco-systems.  To gain more insight into the subject, I had t…
Jul 17
Patti Hewitt posted a blog post
There is no hotter segment in the industry today than commercial payments.  It’s here we find deep pockets of inefficiency that can be addressed through digital payments, creating an economic powerhouse with the capability to generate highly profita…
Jul 9
Patti Hewitt posted an event
Our monthly member meet-up where we discuss what's been happening recently in our industry.  All payments-related topics welcome.  This is a private member's only meeting and you're welcome to join anonymously or just listen in, but sharing is encou…
Jul 3
Patti Hewitt posted a blog post
Recently, it's been widely reported that Uber is establishing a New York office for the express purpose of building out a financial services division.  In most articles, the main driver for this has been cited as their cost of card acceptance.  In t…
Jun 26
Patti Hewitt is going to Hall Meeting - Facebook Money Round 2
Jun 18
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