This earnings season started strong but turned uneven this week. Even firms that showed outsized growth saw their stock prices...
big techdigital lendingdigital transformationInvestingmega banksOpen Bankingpaytechroboadvisorsuper app
·Google has done it. In a massive update to Google Pay, the company highlighted exactly the direction of travel for high tech, fintech, and the global banks. It has articulated a vision for competing with Apple Pay and Ant Financial. Let's walk through the features.
One of the biggest questions the crypto and blockchain communities have yet to answer is when would these technologies reach...
The tech companies will become the storefront to absolutely everything.
There is no Internet, there is only Google.
There is no commerce, there is only Amazon.
There is no finance, there is only WeChat / Tencent?
I don't know about you, but I cannot pay for anything in cash in London anymore. COVID has made the city go cashless. For China, QR codes have long replaced the need for paper money. And if there is no cash, what is the point of ATMs, and ATM fees, and bank branches, and bank branch staff? Financial firms no longer need to be the place where you shop for financial product.
PayPal broke all sorts of records in the second quarter of 2020 as the acceleration of digital payments continued to...
PayPal just launched what it calls a super app. It has a cash account with a 0.40% interest rate, direct deposit, money movement, bill pay, and remittance features. It also integrates shopping functionality with rewards and cash back. In this analysis, we compare this offering with Google Pay and Square Cash App, as well as trace the DNA of PayPal to understand whether such an offering will succeed where others failed.
This week, we look at:
The Bitcoin money supply being worth as much as the M1 of several countries
The Visa/Plaid deal DOJ anti-trust filing and the PayPal integration of Bitcoin
Understanding Central Bank Digital Currencies in the context of card networks, payment processors, and digital economies
Chinese CBDC and how it could relate to stopping the $34B Ant Financial IPO
How a CBDC ecosystem is like an operating system, rather than a payment rail
This week, we look at:
PayPal and Square being larger than Bank of America and Goldman Sachs
The SoftBank $4 billion in tech oligopoly call options, and why people feel uneasy
Uniswap vs. SushiSwap, and Bitcoin vs. Litecoin, and why these forks felt wrong
How understanding signalling can help make better decisions
PayPal and InComm are bringing touch-free payments to CVS stores across the U.S.; PayPal and InComm announced a QR code...