Market Movements
A Banking Stampede for Tech
If I learned anything from this week’s Fintech MeetUp event in Las Vegas, it’s that thousands of fintech, banking, and payments professionals speed dating at
Block (SQ) : QQQ
Block (SQ) burst onto the public company investor scene following their November 2015 IPO and the payment processing industry hasn’t been the same since. At the time, there
Paytm
India is a budding economic powerhouse with 1.4 billion people, annual GDP of $4.1 trillion and, according to the IMF, an expected 6.5% growth rate.
COF: DFS: QQQ
The big are getting bigger. CapitalOne (credit and debit card issuer) and Discover (card issuer and acquirer) are both large financial services concerns that own
Bank-to-Nonbank Lending Breaches $1TN
Over one trillion dollars. That’s what the Federal Reserve’s weekly H.8 report started showing for the week ending January 24, 2024. The report tracks the
Chart Of The Week 2
Marqeta has modernized the overlooked, backend, payment card issuing market. Traditionally Total Systems Services (now Global Payments) and First Data (now Fiserv) dominated the large bank card issuing sector. However,
Chart Of The Week One
Last year, San Jose, CA-based PayPal facilitated approximately 25 billion transactions, generating $1.5 trillion dollars in purchase value from 425 million users. The company annually produces over
Quantum’s Here
No fintech, payments or software deal made it to the top of my list for most noteworthy funding to start off the year. Instead, it’s
Generative AI Takes On Vertical Software – Fault Lines Appear
I began reading about it last year. In dribs and drabs, articles appeared noting how adept generative AI systems had become at producing workable scripts
Banging the Drum – Apple and Payments Still No Good Together
I’ve been banging this drum for years. I suspect I will continue to do so. This week marked the formal “beginning of the end” of
Crypto in Financial Services Continues to Lean Stablecoin
The role of cryptocurrency in payments and financial services continues to take shape, and the outline continues to look more and more like the future
On the Fed’s Proposal to Cap Debit Card Fees, Powell Said…
…not much, if you only read the transcript. Federal Reserve Chairman Jerome Powell discussed why the central bank held interest rates steady at a 22-year