Hi Fintech futurists -- This week, we look at: Google’s bank account plans in Google Pay Apple buying Mobeewave to create a Square competitor How technology has 25% of the S&P500 marketcap Why all distribution will be owned by the tech giants For more analysis parsing
Once more, great views and insights. Thanks for that!
Just one remark re financial tech vendors FIS and Fiserv and their $50-100 billion market capitalizations. I am not sure, if Apple and Google have an interest to take over those conglomorates of legacy tech (same logic applies to incumbent banks; GAFA have most probably no appetite to buy one of the global banks of which many are available for less than $50B market).
The UK has been ahead of the USA with Contactless Payments, consumers in the UK are well educated on this process compared to the USA. This year and Covid the USA is accelerating with contactless. Love Google >>>> Hate google >>>>> it is what it is. I take my hat off to Google regardless.
Great read
Once more, great views and insights. Thanks for that!
Just one remark re financial tech vendors FIS and Fiserv and their $50-100 billion market capitalizations. I am not sure, if Apple and Google have an interest to take over those conglomorates of legacy tech (same logic applies to incumbent banks; GAFA have most probably no appetite to buy one of the global banks of which many are available for less than $50B market).
The UK has been ahead of the USA with Contactless Payments, consumers in the UK are well educated on this process compared to the USA. This year and Covid the USA is accelerating with contactless. Love Google >>>> Hate google >>>>> it is what it is. I take my hat off to Google regardless.