From Booking a Deal to Converting it into Annual Recurring Revenue (ARR) You book $900K deal for a 3-year period on July 1st, 2020 Under a license model, you’d book $900K of revenue on July 1st Under a license model, you’d book $900K of revenue on July 1st: $900K/ 3yrs = $300K/2 = $150K 6-months of recognized rev. You may also choose…

So….What’s data? What do we really mean when we say we need to protect data? What is data? How do you characterize it? And is data capable of being owned? Consumers and businesses need to consider what rights do they have to their data. Are they legal rights? Are they…

By Mark Castellani on The Capital — SAFE Banking Act, CRA Overhaul, GSE Reform, NSFR 1) SAFE Banking Act In September, the House passed H.R.1595, the Secure and Fair Enforcement (SAFE) Banking Act of 2019, to create protections for banks that provide financial services to legitimate cannabis-related businesses, with support from both Democrats and Republicans. The bill protects banks from federal regulations for accepting proceeds from cannabis-related companies while…

By Mark Castellani on The Capital — Visa today announced it has signed a deal to acquire Plaid Financial Inc. for $5.3 billion in an all-cash deal Financial products and services that utilize Plaid as a trusted intermediary relies on data that falls into one of the following three buckets: Transaction Data, Account Information Data, and Identity…

*This post is a part of a series of posts I have written. To start from the beginning, click [shorturl.at/hsF48]. In 1970, the U.S. government created the Federal Home Loan Mortgage Corp. (Freddie Mac). The U.S. government also expanded the charter of the Federal National Mortgage Corp (Fannie Mae), allowing…

*This post is a part of a series of posts I have written. To start from the beginning, click [shorturl.at/hsF48]. Introduced in the late 1970s and early 1980s, adjustable-rate mortgages (ARMs) became popular among both lenders and borrowers. At one time (according to HSH Associates) the largest publisher of mortgage…

A bank holds a loan in its asset portfolio and funds it with low-cost deposits (also known as “portfolio” or “spread” lending). Holding loans in portfolio and funding them with low-cost deposits, works as long as interest rates were stable, and there was a readily available supply of deposits. This…

In my prior article “Cross-Border Payments 101,” I discussed the movement of cash across borders. However, taking a step back, the whole process of trade — the flow of cash and goods together — has its own set of challenges.

By Mark Castellani on The Capital — In this article, I first explain how different settlement systems work, and I then walk through two examples of cross-border payments through a correspondent banking network A payment in US Dollar (USD) that must be received in Euro (EUR) through one correspondent bank, and A payment/receipt in USD between two…