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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

Being comfortable with the idea of alternative financial systems has opened the door to a variety of innovations, from alternative investment vehicles like cryptocurrency to point-of-sale lending alternatives. Investing: Robo-advisors and micro-investing lower barriers to entry. Payments: Mobile is replacing cash.

Finance 77
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If Facebook Wants To Be WeChat, Why Did It Launch Libra?

PYMNTS

Facebook’s launch of Libra on June 18 unleashed a firestorm of media coverage, mostly repetitive, and mostly a piling on over the regulatory bear that it poked when unveiling its global payments plus cryptocurrency plans. Given the regulators’ antipathy toward cryptocurrency, that could be problematic. Just like WeChat did.

Bots 62
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). Its first entry point in the market was in payments in October 2014. That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011.