The wealth effect. It’s ephemeral, fleeting and widely desired. Especially for consumer spending. Generally, the wealth effect works this way: When people see their stock portfolios going up, as markets go up, of course, they feel more confident about their financial security. When they feel more...
On Wall Street, sometimes growth is not enough. Steady growth must be in the cards, and when it comes to tech companies, accelerating growth is a coveted hallmark for revenue and earnings. So it is, then, that Alphabet, Google’s parent company, stumbled this past week....
Though more than half of corporate payments are done through paper means, increasingly, and recently, a number of players have been jumping into the fray to bring payments to the digital realm, enough to have made this past week a B2B sizzle. News came this...
Call it the fizzle that might be felt across Europe – and beyond. Call it the corporate equivalent of deer in the headlights. Billions of transactions. Millions of merchants. And perhaps more than $100 billion in lost sales. That’s because Strong Customer Authentication (SCA) is...
In Samuel Beckett’s “Waiting for Godot,” there’s a line that rings a bit true of Brexit: “Nothing happens. Nobody comes, nobody goes. It’s awful.” The nothing that is happening is now being stretched out a bit longer, with a new October deadline in place, where...
Might the check be going the way of the dodo? The way of not-so-fond memory, while trees breathe a silent sigh of relief? As 2019 ended its first quarter, it may have been the deals worth tens of billions of dollars that garnered the lion’s...
IPOs are everywhere, it seems, but Lyft may be a special case. Yes, Levi Strauss was a star earlier in the month, with a debut on the public markets that sent the 160+-year-old firm’s shares up more than 30 percent on the first day of...
Much hype and hope surrounds the adoption of cryptocurrencies — bitcoin among them as the marquee name in the space, of course — beyond the Wild West of speculative trading that exists now. Favor has met with disfavor, and bitcoin now trades at $3,990 —...
Brexit takes its place as the big fizzle of the week. And to caption what happened, we might say that this week was a gigantic case of “hurry up and wait.” No deal on no deal is a big deal, but what’s next beyond the...
