if China learns from its early mistakes regarding this virus and starts treating its trading partners & the world less aggressively and more inclusively, it will become the undisputed global leader and the $ will cede its global position. this assumes the US continues fumbling & destroying itself internally, regardless of which administration is in power. a seismic change for every industry, and particularly for financial services & fintech. …see more

i mean, think of the payments opportunity here. Microsoft is a hidden fintech company. actually, the inevitable conclusion, what with the Libra experiment, the Walmart coin announcement is that every company will become a fintech company too. #fintech #libra #payments #tokenization #banking #financialservices #SaaS …see more

this. absolutely. direct listing point the way to how future public listings should be run. IPOs are archaic in their current form.

“real time cash management” as a competitive advantage. i beg to differ. still i like the startup as the opportunity is sizable - and am a tad envious as I would have loved to invest. similar endeavor for the EU would be brilliant.

sign-in with Apple has the potential of shifting power from adtech to fintech as business models will shift from advertising to transactions.

hear me out here. this is an eminently sensible biz idea: digital lender that finances operators buying out Amazon returns, but with cryptocurrencies, via a token issued to that effect.

Close to half the countries in the world now restrict #exports of #PPE etc - #covid #protectionism

We learned two things from this morning's G.D.P. report: 1. The economy is slowing; 2. But it's not falling off a cliff. That might sound like damning with faint praise. But after a disastrous retail sales report earlier this month, there were a lot of economists who thought growth fell below 2 percent at the end of the year. Compared to that, 2.6 percent looks pretty good. That said, there are good reasons to think growth will continue to slow from here. The shutdown, for one, which came too late to matter much to Q4 but could be a big drag in Q1. Tax cuts and government spending increases helped boost growth last year, but those effects are now fading. And (to get a bit in the weeds for a second) Thursday's figures were helped by a build-up of inventories, which will probably reverse in the first quarter of this year. So President Trump can cheer an economy that (at least by one measure) met his 3 percent target for 2018, but he's not likely to get a repeat performance in 2019. The big question now is whether that mild slowdown worsens into an outright recession. That's not the most likely scenario, but it's certainly a possibility, especially if global growth continues to cool or the trade war heats up. Stay tuned. #economics #economists #presidency …see more

Janmejaya Sinha of BCG on #Pandemonium : The Great Indian Banking Tragedy. Happy Reading #financialstability #indianbanking #economy #banks #financialinclusion #payments #finance #growth #fintech #governance #consolidation #frauds …see more

The news of a COVID-19 vaccine was widely regarded as a bright light at the end of a very long, dark coronavirus tunnel. But a new PYMNTS study of 2,800 U.S. adults shows that fewer than 40 percent of people say they’ll get the vaccine. It’s time for policymakers and payments innovators to get creative — and educate and incent consumers — if we really want to put the coronavirus in our rearview. …see more

Green Dot Corporation has shaken up its executive team, with new CEO Dan Henry recently taking the helm and #Walmart veteran Daniel Eckert joining as executive vice president and chief product, strategy and development officer. In their first joint interview, the pair tell me they want to make up for what Henry calls ‘a decade of missed opportunities’ with a two-pronged attack to build a bank for the mass market. Here’s their plan. …see more

That the COVID-19 virus has hit all segments like travel and manufacturing hard is undeniable, as is the reality more losses are likely still coming. But, Boku Inc CEO Jon Prideaux told me, one sector’s headwind is another’s opportunity to innovate and build new consumer habits. Like content where digital, of all kinds, really does seem to be king. …see more

Today, the world is facing a global pandemic and economic unraveling from a virus that’s said to be twice as contagious as the flu and for which there is no cure or vaccine. Some now question how global and connected the world should be. That’s wrong for many reasons — mostly because it’s the connected, digital economy that’s helping enterprises, their workers and the people they serve to continue to interact and do business even as the virus continues to spread. …see more

When everything is — or can be — a service, consumers and businesses need a new way to pay for what they want to buy. But the payment part is just the beginning. Dan Burkhart , CEO and Co-founder at Recurly , tells me that “subcoms” would do well to heed the six rules of the road that make consumers and businesses sticky, and the experience profit-maximizing for the subcom service provider. …see more

A new PYMNTS study of more than 5,000 U.S. consumers shows that the adoption of instant disbursements has almost quadrupled over the last three years, and satisfaction for being paid that way is about 80 percent. In the latest Disbursement Satisfaction Report, we explain where instant disbursements adoption is strongest and where consumer satisfaction is highest, and examine why — despite such strong consumer preference — so many consumers still aren’t provided that option. Full Report: https://bit.ly/2W6LSHN …see more

Magicians wow their audiences when they make objects disappear. Innovators wow the #payments and #commerce ecosystems when they’ve made visible things disappear, too — like payments and even stores, brands, issuer and card networks. It’s why the most transformative payments innovation of the last decade has been making the visible, invisible. And why invisible will be the most powerful driver of innovators and their strategies in the decade to come. …see more

Ziosk 's Viren Balar tells PYMNTS how they are Uberizing dining out for families, one tablet at a time.

You want details? We got details. A look at the Chase Pay ignition strategy. https://lnkd.in/dShjU9K

Christmas is over and it was perfect! Doesn’t matter how big the tree was or what the gifts were... and this year with covid had its own touch of crazy... but if you as a working mom and or dad didn’t enjoy it because of the pressure.. think about how you can give yourself a break next year... around 10 years ago I broke! Between year- end and tax season and Christmas I said #enough and I haven’t looked back... santa shops at Walgreens(aka my husband) because the year I freaked it was on Christmas Eve day... and so has been the new tradition. We went from 2 full size trees to a live 1 ft tabletop and 1ft grinch tree. And our family celebrates Love ❤️ and hope and I (momma) am a lot happier.. #reallyitsokyourkidswillbefine #radicalcpa #cpalove #accountantlove #accountants #cpafirm #cpa #leadership #womansleadership #accounting #accountingtech #tax #wfh …see more

Something I always tell #accountants is just because new technology doesn’t work for you the first time you try to adopt it, doesn’t mean it’s a failure. If it’s frustrating your team, it’s just a no-go for that period of time, not forever. This was the case for me with CCH® SureTax #Axcess Scan and Autoflow technology the first time I used it in my firm. Once I had the time to give it proper attention, Scan and Autoflow enabled my firm to get down to 2.5 FTEs and still do the same workload as the previous tax season. …see more