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Morgan Stanley: Paypal Is Dominating Bitcoin, Other Digital Wallets
Thursday, January 17, 2019 - 10:49am | 406Plenty of investors looking for industries ripe for disruption have focused on the payments business, but the latest data from Morgan Stanley suggests some digital payment options are gaining traction when it comes to mainstream adoption, while others are taking a step backward. Gold Standard...
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Funding, IPOs, M&A: A Look At Fintech In 2018
Wednesday, October 3, 2018 - 3:24pm | 1966This story is the third in a multipart series by Benzinga on the state of the fintech sector in 2018. As the fourth quarter kicks off, Benzinga is taking a look back at some of the fintech stories we've covered in the last nine months. They include continued dealmaking between major...
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Where Is Amazon Investing In Fintech?
Saturday, June 9, 2018 - 8:37am | 611Amazon.com, Inc. (NASDAQ: AMZN) has become a massive success over time by taking an aggressive approach to exploring and adopting cutting-edge technology. In recent months, Amazon has been investing heavily in fintech initiatives with a particular focus on the huge, high-growth Indian market....
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Square, Paypal Fall As Amazon Pay Works To Poach Market Share
Wednesday, May 2, 2018 - 2:51pm | 356Amazon.com, Inc. (NASDAQ: AMZN) is offering to negotiate lower charges and pass its discounts on credit-processing fees onto retailers that adopt Amazon Pay, according to a Bloomberg report. The diminished rates are meant to entice retailers generally charged 2-percent fees on credit transactions...
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Amazon's Focus On Fintech, Explained
Wednesday, April 11, 2018 - 3:46pm | 418Amazon.com, Inc. (NASDAQ: AMZN) is a prime example of how "Big Tech" needs to incorporate fintech in its business, according to Cantor Fitzgerald. The Analyst Cantor Fitzgerald's Joseph Foresi, Michael Reid and Drew Kootman commented on Amazon's fintech ambitions. The Thesis...
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A Look Back At PayPal's Impressive Week
Friday, July 21, 2017 - 2:37pm | 696PayPal Holdings Inc. (NASDAQ: PYPL) has been on a roll with several new partnerships as the stock continues to trade at record highs. Over the past week, PayPal has signed new deals with Apple Inc. (NASDAQ: AAPL), Samsung Electronic (OTC: SSNLF), Visa Inc (NYSE: V)'s Visa Europe and JPMorgan Chase...