it does make the future of the Swiss-EU relationship even more salient does it not? especially as some EU members have started to be more vocal about all things crypto.
great firewalls everywhere seems to be where we are heading off. China & Russia have strict rules when it comes to their domestic data. major implications for financial services (payments, supply chain, asset mgmt, banking in general). this trend forces financial intermediaries to think of cloud computing strategically instead of tactically (optimizing tech stack) and to elevate data mgmt to the c-suite. same with fast growing fintech startups. fondly thinking about Libra too, or any payment system with global aspirations. #banking #payments #cloudcomputing #financialservices #china #US #EU #fintech #bitcoin #libra #blockchain …see more
The #electricvehicle competition between #Tesla and #Toyota has lessons for all kinds of industries, according to research from Gerard Tellis and Gareth James of Marshall's Institute for Outlier Research in Business (iORB) and Deepa Chandrasekaran of UTSA. …see more
what a load of horse manure. journalists have no clue, neither do analysts or else they are obfuscating.
this shareholder letter from Bezos is masterful. Bezos is Captain Marvel + Black Panther + Wonder Woman + Gandalf all in one.
The dramatic positive impact of #COVID19 #Stimuluscheck on #spending - should the US do more now?
With all the talk of V, U and L-shaped post #COVID19 recoveries for the #USA economy, I agree with the FT's Gillian Tett that this "bank" (i.e. curvy square-root) is the most likely - swift semi recovery (in q3), and then flat (as #stimulus unwinds)
The economy is slowing in key Midwestern swing states heading into 2020. Enjoyed chatting with Ali Velshi on MSNBC about what's behind the cooldown, and what it could mean in the election. #economy #election #manufacturing #tradewar …see more
Online auto sales are booming as consumers who want to buy cars want even more, a touchless way to do it. Paul Hennessy , CEO of Vroom , tells me that the COVID-19 digital tailwinds not only proves the viability of Vroom’s business model and value proposition, but also why traditional dealers may find it hard to make the digital shift. Here’s why, he says, just throwing up a website won’t cut it. …see more
There’s endless debate about what will define success in a Digital 3.0 world. Success will be those businesses — both physical and digital — that recognize that their biggest downside risk is a consumer who is willingly and, now comfortably, making her digital/physical tradeoffs to protect their own downside risk: their health and that of their loved ones. It won’t be hard to spot the winners — it will be those most FIT® to meet the consumer’s digital-first needs. …see more
Strategists always look for bellwethers, those trendsetters, to sharpen their strategies and competitive edge. For understanding how connected devices and the purchasing experiences they enable will evolve over the next decade, look no further than the one demographic group that has already shaped how commerce happens. And no, it’s not who you think or even why. Ready to sharpen your 2020 payments and commerce strategic plans? …see more
Being valued as a #unicorn used to be something special. Braintree wasn’t a unicorn in 2013, when it sold to PayPal for $800M. OpenTable was barely a unicorn in 2014 when it sold to Priceline , after having seated 570M diners and gotten 7,700 restaurants on board. That’s why Nextdoor 's $2.1B valuation is a real head-scratcher — and why beating up on Uber 's value is a bit much. Here’s why. …see more
Can phone numbers reduce friction in transactions and onboarding while also fighting #fraud ? CEO Alain Meier of Cognito makes the case for using phone numbers for ID verification and #authentication in #payments . The big challenge? Getting past the “it’s too good to be true” reaction. …see more
The Marriott breach of 500M consumer credentials, including passport numbers, should be enough to make consumers head for the Hyatt or other hotel-chain hills, right? If past is prologue, consumers might say they’ll bail ... right before they make their very next booking with them — just like they’ve done every other time a merchant they shop with has been compromised. Here’s why. …see more
Nokia 's Rich Crowe says consumers just want their phone and cable service to work, and when it doesn’t - to just get it fixed. "Zero Touch" is their answer using AI to identify and fix problems before they are noticed: http://bit.ly/2qjAxn3
The impact of millennials reduced earnings power on payments and commerce. My two cents this week. https://lnkd.in/dA7rNW7
Apple, Google, and Amazon are all screaming for attention in voice-commerce. Who will win? Here’s my take. https://lnkd.in/d8XKfAK
Opportunities are everywhere. But when you look at your firm’s biggest challenges, do you see opportunities? Opportunities are always openings for innovation or change. As a firm owner, you have a choice: You can address your challenges about the changing market head on or you can just hide your head in the sand and leave it for the next generation to tackle. #radicalcpa #cpas #accountants #cpalove #accountantlove …see more
If partners can be more profitable by leveraging technology and not utilizing a billable hour methodology, who cares how many hours they work if they bring in revenue? People should be judged on results, not on time spent. #radicalcpa #cpas #accountants …see more
One of the things I started wondering about was how #COVID19 would impact #CPA firm M&A, and by extension, traditional partnership agreements. When I spoke with Peter Fontaine, MP of NewGate Law , he confirmed that the market is still strong for M&A, but the future of partner agreements will probably look a lot different. Accounting Today has the full article. What do you think? …see more