No Cryptocurrency is not Coming to Apple Pay, soon

“We’re watching cryptocurrency,” Jennifer Bailey, reportedly said to Christine Romans. “We think it’s interesting. We think it has interesting long-term potential.”

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Does Investment Banking make money at Lazard and Goldman Sachs?

Therefore, Goldman Sachs increasingly views itself as an engineering company rather than a traditional investment bank. Current engineering projects at Goldman include cryptocurrency and Marcus an artificial intelligence (AI) that offers saving accounts and personal loans.

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Is a Goldman Sachs Cryptocurrency Coming?

Thus, a stablecoin is a lot like a bond or a checking account. Two instruments that Goldman Sachs is very familiar with. Notably, Goldman Coins could use a stablecoin to make US Dollar payments to account holders in other countries. Theoretically, stablecoin payment could be faster, cheaper, more secure, and easier than traditional wire transfers.

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How Much Money does Goldman Sachs (NYSE: GS) Make?

Judging by Goldman Sachs, America is a superb investment. However, Goldman Sachs’ success does not mean all Americans are doing well.

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Is Citigroup Making Money?

The good news for investors is that Citi is very good at credit cards and customer service. The company will refund some money to 1.75 million customers that did not receive a planned interest rate reduction.

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How Much Money is American Express Making?

Best of all, American Express is setting on a huge pile of cash. It reported $31.092 billion in cash and equivalents on 31 March 2018. That gives Amex the resources for a huge stock buyback or acquisition if it wants.

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Is Uber Now a Value Investment?

Uber is now a classic value investment because it is a good company with a good product that has been having serious problems. There’s nothing wrong with Uber’s basic service or business model just its corporate culture.
Now that Khosrowshahi is cleaning that mess up, Uber stands to greatly improve. Buffett called himself “a great admirer of Dara” in a chat with CNBC. The sage of Omaha pointed out that some of the details in the Bloomberg story were wrong.

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Goldman Sachs plans Apple Pay Credit Card

An interesting goal for Apple would be the creation of a “financial App store” where a wide variety of solutions like Marcus would be available to consumers. Future solutions might include checking accounts, loans, insurance, investments, annuities, remittances, wire transfers, and investment advice from Goldman Sachs.

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Goldman Sachs rides the Tiger

Goldman Sachs is experimenting with cryptocurrency trading. The bank was laying the groundwork for a cryptocurrency trading desk in December 2017, Bloomberg Markets revealed.
The desk is supposed to be up and running by the end of June, Bloomberg Markets speculated. Note: Bloomberg’s reporting is unreliable because the sources of the information were identified only as “people.” That means the article was based largely on hearsay.

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Is SALT a good Investment?

SALT’s micro-lending might not be practical with today’s blockchain and cryptocurrency technology.

The greatest technological barrier to SALT’s business model is the scalability problem. Scalability is the maximum size of the blocks or architecture of the blockchain. The size of the blockchain determines the volume of transactions a platform can platform. That means it might not be possible for SALT to process enough loans to serve a mass market. 

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