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What Amazon HQ2, Interchange Fees And Facebook Have In Common

PYMNTS

I hosted a digital discussion last week with an executive from Sift with more than 15 years of experience building trust and safety organizations for some of the biggest digital brands in the world – including Google , Facebook and Square. Consumers today can use Alexa to order food, book an Uber and do their banking – and they do.

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What The Climbing Debt Defaults Really Mean For The Economy

PYMNTS

Citibank’s store-branded card portfolio, for example, is expected to see a charge-off rate of about 4.6 billion in losses from delinquent credit card loans — roughly $2 billion more than were on the books at the end of 2016. percent in 2018 — up from the 4.32 percent previously forecasted.

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The ‘Uber Of Nothing’ Is Coming

PYMNTS

It’s not as if a person making the request for a tissue, pain reliever or bandage was specifically asking for a Kleenex, Bayer Aspirin or Band-Aid brand item. But, over many decades, these three brand names achieved such dominance in their categories that they became the most natural way for people to refer to all products in that category.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

While they drum up interest in the company, known as “book building,” underwriters also work to price the IPO, or determine how the stock should be priced when it first hits the market. And now dedicated asset managers have their own disruptors, making asset management an even more competitive area for investment banks.

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The Curious Case For Breaking Up Tech Giants

PYMNTS

Yet, that’s the claim being made by Scott Galloway — serial entrepreneur and adjunct faculty member at the Stern School of Business who wrote a book , participated in numerous TV interviews and composed a 7,000-word article in Esquire saying just that. They examined anonymized tax data starting in the 1940s until 2015.

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‘Stranger Things’ And Starcourt Mall Teach Us About Big Tech And Innovation

PYMNTS

Had I been in town, I might have used Google to find a store near me in Boston that carried the brand I wanted so I could try before I bought. Little known fact: Leach writes in his book that Georgia O’Keefe made a tidy sum in 1927 by painting posters that graced department store walls and windows.