Payments Ecosystem
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Payments Ecosystem
The Payments ecosystem is evolving at an unprecedented pace driven by mobile, cloud computing, start-up's challenging the behemoths, and new technologies. My personal collection of curated stories and blogs.
Curated by Vineet Anand
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Elon Musk wants X to replace users' bank accounts within a year

Elon Musk wants X to replace users' bank accounts within a year | Payments Ecosystem | Scoop.it
Elon Musk wants X to manage users' "entire financial life" so that they "won't need a bank account" by the end of next year.
Vineet Anand's insight:

X bold moves to engage users for banking and investing by end-2024; likely retail and SMB focus whilst X is securing MT licenses across states! A potential bank acquisition for licensing purposes??

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Twitter Reports First Quarter 2015 Results; Lowers Full-Year 2015 Expectations (NYSE:TWTR)

Twitter Reports First Quarter 2015 Results; Lowers Full-Year 2015 Expectations (NYSE:TWTR) | Payments Ecosystem | Scoop.it
SAN FRANCISCO, Calif. - April 28, 2015 - Twitter, Inc. (NYSE: TWTR) today announced financial results for the quarter ended March 31, 2015, and outlined lower 2015 expectations.

Q1 revenue of $436 million, up 74% year-over-year, slightly below the previously forecast range of $440 million to $450 million. Excluding the impact ...
Vineet Anand's insight:

Twitter active user base is now 308 million, up 18% with revenues close to forecast at $436 million. In tweet payments for tickets will continue to be focus, however not much mention around revenues from payments using BuyNow button. 

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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.