Patti Hewitt

Patti Hewitt posted a blog post

Credit Card Issuing Banks Let Brand Partners Drive

In a recent analysis of the Apple Card for a group of credit union issuers, I emphasized the importance of shifting roles in co-branded card relationship. (KEENonPayments members get access to my complete presenation). Historically, the bank issue…

Patti Hewitt posted a blog post

The Little Fintech Bank Charter that Could(n't)

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…

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…"

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."

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.
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Patti Hewitt is going to Introduction to KEENonPayments

Patti Hewitt published events

Patti Hewitt posted a blog post

Apple Card is About Apple, Not Credit

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…

Patti Hewitt posted a blog post

Confusing Lifestyle Brand with Fintech Eco-System

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…

Patti Hewitt posted a blog post

Faster Payments, Faster Fraud, and The Power of Profitability

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…

Patti Hewitt posted an event

Monthly Member Meet-Up

Aug 15, 2019 from 1:30pm to 2:00pm

Conference Call 319-527-9823

Patti Hewitt commented on Maria Smith’s status

"Great resource Maria - thanks for posting!"

Patti Hewitt posted a blog post

Inside Payment Hubs: My Conversation with Fiserv

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…

Patti Hewitt posted a blog post

Commercial Payments: A Technologist Point of View

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…

Patti Hewitt posted an event

Monthly Member Meet-Up

Jul 18, 2019 from 1:30pm to 2:00pm

Conference Call 319-527-9823

Patti Hewitt posted a blog post

Uber and the Essential Infrastructure of Financial Services

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…