Apple Pay’s Fatal Weakness

Some retailers, such as Walmart and dollar store operators, might view Apple Pay as a niche product that only appeals to a small upper-income segment of the population. If you look at Apple Pay’s website, you see a multitude of high-end urban brands such as Whole Foods and Petco but a shortage of working-class retailers. Bloomingdales is present, but Kmart is nowhere to be seen.

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Is CurrentC Rolling Out Nationwide?

Samsung Pay, Apple Pay and Android Pay are getting even more competition. JPMorgan Chase (NYSE: JPM), one of the nation’s largest banks, has rolled out its own solution, Chase Pay, that will support Current C.

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American Express: Apple Pay Coming to Canada and Australia This Year

The release stated that Amex card members are “expected to be the first to use Apple Pay in Canada and Australia beginning this year.”

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Is American Express Really a Dying Brand?

That means American Express could be a nice bargain stock at some point next year. It also means that Amex is still a really good long-term investment, even if it is no longer America’s favorite credit card.

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Cisco Systems a Company with a Lot of Cash

Cisco Systems is a value investment for a very simple reason. It is an infrastructure company: one of those great businesses that you do not see but is all around you, much like the pipeline and supply chain companies that Warren Buffett owns.

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Apple Pay Now Accepts the Discover Card

It looks as if you can finally make Apple Pay payments with the Discover Card. Although the media has done

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America’s Center of Power Shifts to Silicon Valley

If the numbers are accurate, Silicon Valley is now richer than Wall Street, which has implications for us all. The only institutions in America richer than the tech companies appear to be the big banks and the federal government.

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Does Lending Club Actually Make Money?

Therefore Lending Club looks like a successful company but not a value investment. Its platform is achieving a lot of growth, but it is not making money the way PayPal is. This indicates that its business model could be flawed or at least seriously limited, so you should stay away from it for now

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Ten Really Great Underpriced Stocks to Consider Buying Right Now

If you want to take a gamble on a tech company that could be the next Google, PayPal could be it. PayPal’s revenue was growing at a rate of 14% in the first quarter of 2015. PayPal’s international revenue grew at a rate of 52% in 2014, the volume of mobile payments it processed grew by 58% and its total payment volume grew by 26%.

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