Visa powers Revolut global expansion, Goldman’s Marcus loses $1.3B, Why Apple should phone home

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September 30, 2019

Visa Breaking News

Visa Powers Revolut's Global Expansion Into 24 New Markets

Today (Sept. 30) Visa and U.K.-based challenger bank Revolut announce an expanded global partnership that will see the up-and-coming FinTech expand into five new regions and 24 new markets. Visa’s Chief Product Officer Jack Forestall tells PYMNTS that it’s all part of its plan to use its network to help domestic FinTechs operate at scale globally. We’ve got the details.

 

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Monday Conversation

Can Payments Solve Healthcare’s $20K-Per-Family Cost Burden?

As healthcare costs now hit some $20,000 per year for the average family, hospitals are getting more aggressive about collecting debts for services performed. John Talaga, executive vice president and general manager of healthcare at Flywire, talks with Karen Webster about how hospitals can use new payments tech to craft better outcomes for patients — and the hospitals that serve them.

 

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Cybersecurity

How FIs Can Win The Eternal — And Escalating — Cybersecurity Battle

Nation-states are among the biggest cyberthreats to our financial and payments system, but stealing money isn’t their real motivator. Samuel S. Visner, director of National Cybersecurity Federally Funded Research and Development Center tells PYMNTS that the cyberthreats are more about something else that is potentially more destabilizing. Details.

 

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PropTech

Beyond WeWork’s Flameout, Real Estate’s Platform Model Rework

WeWork’s IPO flameout begs the question of whether it’s just an old economy company, with tech as an ancillary aspect to property management. For firms worthy of the "disruptor" moniker, tech matters and the platform model can change the way business is done in the brick-and-mortar realm. Here’s a tale of two PropTechs — WeWork and Cadre — and two models. You decide.

 

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KLW Commentary

Apple — Phone Home

The connected home is becoming the home base for the consumer’s connected commerce experiences — and voice is powering that shift. Karen Webster says that two years ago, while Apple and its Home Pod were vying to become the high-end speaker of choice in the home, Amazon and Google were trying to become the consumer’s voice-activated assistant of choice there across devices and use cases — including commerce. Can Apple find its way back home?

 

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