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Fintech Focus For September 17, 2020
Wednesday, September 16, 2020 - 6:17pm | 2478Read More...Quote Of The Day: It is hard to fail but it is worse never to have tried to succeed. - Theodore Roosevelt Fintech Movers: The global fintech sector faces an "existential crisis", says McKinsey, as sources of funding dry up. - Finextra What’s the outlook for crypto brokerages....
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Making Sense Of Why Consumers Are Switching Their Grocery Store Habits
Monday, June 1, 2020 - 3:00pm | 907Read More...An interesting trend in the grocery store space is playing out: one out of five consumers switched to a new primary grocery store due to the coronavirus pandemic, according to a McKinsey survey of 1,500 shoppers. The Survey: What Consumers Need Shoppers are scrambling to new grocery stores...
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McKinsey: 60% Of Banks May Not Survive An Economic Slowdown
Tuesday, October 22, 2019 - 6:27am | 391Read More...A third of banks around the world are too weak to survive a severe economic recession, a management consulting firm McKinsey & Co. said in a Monday report. What Happened Pointing at decelerating growth in volumes and revenues, with lending growth standing at 4% in 2018, McKinsey said the...
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VC Money Is Flowing Into Biotechs
Friday, October 11, 2019 - 10:45am | 672Read More...Venture capitalists are pouring cash into U.S. biotechs at a rate set to replicate 2018’s record deal count, according to PitchBook and the National Venture Capital Association’s third-quarter Venture Monitor report. In the first three quarters alone, VCs struck 609 biopharma deals...
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JPMorgan Challenges Stripe, Square With Free Same-Day WePay Deposits
Tuesday, September 10, 2019 - 11:26am | 454Read More...JPMorgan Chase & Co. (NYSE: JPM) is stepping up its digital payments game by offering free same-day deposits for its WePay customers. On Tuesday, WePay CEO Bill Clerico said by the end of 2019, all WePay customers will be able to make free same-day deposits. While other payment processors offer...
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Luxury Brand Growth Driven By Virtual Reality, E-Commerce
Friday, July 19, 2019 - 4:12pm | 525Read More...A shift in consumer behavior has pushed a number of luxury brands to improve their online presence and adopt new technology, with companies eager to profit from e-commerce sales. By 2022, e-commerce will account for 17% of total retail sales, according to a McKinsey report on retail and...
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Print This: A 3D Printing ETF Comes To Town
Wednesday, July 20, 2016 - 11:50am | 537Read More...A couple of years ago, 3D printing stocks were all the rage. That phenomenon cooled, but revenue growth estimates for the industry over the next several years are staggering. Fortunately, if 3D printing gets scorching hot again, investors will not to play stock picker within the group because they...
