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“The Deadly Trifecta” is among threats putting $88 billion in banks’ payments revenue at risk

November 8th, 2019 at 12:39 pm » Comments Off

While fintechs and other nonbank payments providers continue to carve out more market share for themselves, banks could face losing up to $88 billion in payments revenue to them. That’s the assessment from Accenture, the consulting firm that on Wednesday released its latest report, “5 Big Bets in Retail Payments in North America.” Of that […]



Earning $100,000 used to mean something. Now you can barely afford to buy a home- Here’s the big problem

October 27th, 2019 at 12:56 pm » Comments Off

For many people, when we were starting out in our careers, earning a six-figure salary was the ultimate goal. If you made $100,000 or more, you were considered relatively successful. The compensation would afford you the opportunity to fulfill the American dream—owning a home with a white picket fence in a lovely neighborhood with good […]



Venmo to launch its first credit card in 2020

October 26th, 2019 at 12:25 pm » Comments Off

Venmo announced today its plans to launch its first-ever credit card. The card is being issued in partnership with Synchrony, already the issuer behind Venmo parent company PayPal’s Extras Mastercard and Cashback Mastercard. The move is meant to help Venmo, a still unprofitable arm of PayPal’s larger business, generate more revenue. PayPal’s plans in this […]



What can we learn from Sweden, the ultimate cashless society?

October 16th, 2019 at 12:25 pm » Comments Off

Demand for notes and coins in Sweden is so limp that cash is literally disappearing: the amount in circulation has fallen 27.5pc in the last four year The collapse of cash in Britain has been dramatic. There were 11.5 billion fewer cash transactions in 2018 than in 2008 – a decline of 51pc. It’s a […]



People with this eye color make the most money

October 14th, 2019 at 2:36 pm » Comments Off

The human eye boasts a riveting evolutionary journey. Ninety-five percent of all living organisms possess the ability of sight, though not a single pair perceives the world the same. For the developed beasts, vision funds everything from poetry to judicious engagement. At one time, brown eyes were the human default, but a chain of mutations […]



Should we gamify citizenship?