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What Amazon HQ2, Interchange Fees And Facebook Have In Common

PYMNTS

own voice-activated speakers, as do more than a third of the 30- to 40-year-old bridge millennials. More than a quarter of consumers who own voice-activated speakers use them to purchase things, and more than half of all bridge millennials do, too – with growth that more than doubled from 2017 to 2018. But wait a second.

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Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

US consumers aged 18+ make an average of 70 payments per month, with debit cards accounting for 32% of those purchases, according to a 2017 study by the Boston Fed. This backdoor around banking regulations could prove to be extremely fruitful for fintechs in the future. turning Digital p2p payments into debit cards.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely. And across equity research and sales & trading, poor performances and new regulations have led to widespread layoffs as banks have figured out they can do more with less.

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The Curious Case For Breaking Up Tech Giants

PYMNTS

In the last few months alone, we’ve seen snow in Rome and three powerful nor’easters in Boston in the space of two and a half weeks — with some forecasts predicting a fourth this week. Regulators may be circling the wagons around Facebook, but it’s not clear what that means, what the remedies might be (outside the EU and U.K.’s

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2019: What To Take Forward And What To Leave Behind

PYMNTS

For bridge millennials, those consumers between the ages of 30 and 40 who are the first generation of connected consumers with spending power, those percentages are even higher: 31 percent own a voice-activated device, 55 percent of whom used it to make a commerce purchase in the week we asked them to report on their purchasing experiences.

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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. The season takes place in the year 1985 – 10 years before eCommerce and Amazon, and seven years before today’s 27-year-old millennials were born.