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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

On a day that saw a stock market rout – particularly on the tech-heavy NASDAQ, which was down a percent – in at least some areas of finance, investors remain sanguine. Perhaps “overly optimistic” might be the mindset that marks private markets. Regional players like BankUnited have even smaller market caps (at about $2 billion).

article thumbnail

Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

On a day that saw a stock market rout – particularly on the tech-heavy NASDAQ, which was down a percent – in at least some areas of finance, investors remain sanguine. Perhaps “overly optimistic” might be the mindset that marks private markets. Regional players like BankUnited have even smaller market caps (at about $2 billion).

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Adobe Doubles Down On Voice Interfaces

PYMNTS

At its annual MAX conference in Los Angeles last week, Adobe had all sorts of things to announce. After a (very) long wait, Photoshop in full is finally coming to the iPad, and Adobe offered a first look at its long-speculated-on virtual reality authoring tool: Project Aero , which is still in private beta.