Alipay Comes to America

Tim Cook’s worst nightmare then would be Walmart accepting Alipay but saying no to Apple Pay.

That would be a real coup for Ant because Walmart operates 4,672 stores in the United States; including 3,522 supercenters and 660 Sam’s Clubs. It might also force Apple and Alphabet to add QR code to their mobile wallets.

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Does Square Make Money?

Square (NYSE: SQ) is one of those companies that looks like it would be a great value investment on paper.

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The Incredibly Shrinking American Express

Although its business is shrinking, the third quarter earnings report indicates that American Express is still a cash rich company

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American Express is a Great Contrarian Play in Finance

There is no better contrarian play in finance than American Express right now. It is making a lot of money, and in a great position to take advantage of the exciting opportunities offered by Fintech.

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Is Desperate American Express following in Lending Club’s Footsteps?

Like their brethren at PayPal (NASDAQ: PYPL) and Square, American Express’s leaders think they can limit the risks from such lending with their detailed knowledge of spending habits. For example, Amex might extend more credit to a borrower, who only uses his credit card to pay for business supplies. The company deny credit to somebody who uses her card to pay off a bar tab or a casino.

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