Person

Phil Philliou

Payments industry consultant and managing partner of Philliou Partners, who advises on embedded lending, stablecoins, correspondent banking and PayFacs.

Known aliases

Philliou
Phillou

Current stories

investConfirmed4 publishers

Stripe agrees to buy Parafin, the embedded lender behind DoorDash's merchant credit

Stripe agreed to buy Parafin, which has lent to more than 60,000 businesses through software platforms such as DoorDash, Jobber and Mindbody. The deal widens a lending business Stripe already runs and leaves open how much of the credit risk it will hold.

Publishers:americanbanker.comparafin.compymnts.comstripe.com

Perspective Coverage

4 publishers

Builder: Builder 25%
Operator: Operator 38%
Investor: Investor 37%

Reality

Evidence68
Adoption60
Hype gap+15
Incentives72
Confidence66

investOne report1 publisher

Marqeta adds Mastercard-owned BVNK to a card stack that already had Zero Hash

BVNK processed more than $30 billion of stablecoin transactions last year and now plugs into Marqeta's issuing platform, where the card rails stay as they are and the currency conversion happens out of the cardholder's sight.

Publishers:americanbanker.com

Reality

Evidence45
Adoption30
Hype gap+25
Incentives72
Confidence45

investOne report1 publisher

Model the correspondent line as a decaying annuity, not fixed plumbing

Capgemini puts global correspondent-adjacent payments revenue near $230 billion. Two of its four components are paid for time and currency position, which is what faster settlement removes.

Publishers:americanbanker.com

Reality

Evidence36
Adoption24
Hype gap+22
Incentives68
Confidence40

investOne report1 publisher

BNY's payments chief says AI routing is how banks take facilitation back from fintechs

Jennifer Barker frames AI as a capacity creator rather than a product feature. The disclosed evidence so far is that AI handles about 10% of BNY's payment exceptions.

Publishers:americanbanker.com

Reality

Evidence32
Adoption34
Hype gap+32
Incentives74
Confidence44

investOne report1 publisher

Citi buys Kard to make merchants pay for the rewards it funds today

A $2.9 trillion-asset bank is acquiring a rewards fintech because interchange no longer looks reliable enough to pay for points. The price is undisclosed.

Publishers:americanbanker.com

Reality

Evidence42
Adoption24
Hype gap+26
Incentives66
Confidence44