IPAY News and Press, ETFMG Prime Mobile Payments From 12/03/19

From the launch of the first exchange-traded fund back in 1993 with the SPDR S&P 500 ETF (NYSE: SPY ), the investment vehicle quickly gained popularity as a low-cost and highly liquid option for investors to gain passive exposure to broad market indexes. One of the themes this past decad...

A ruling by a federal judge this week put up a roadblock to a route that some fintech companies hoped would be a quick way to get qualified as a bank. More news on: Global X FinTech Thematic ETF, ETFMG Prime Mobile Payments ETF, ARK ETF Trust - ARK Fintech Innovation ETF, Financial stocks ...

Smaller credit card issuers in the U.S. are seeing a higher rate of delinquencies than are the 100 largest banks, and the gap is growing, according to data from the Federal Reserve. More news on: ETFMG Prime Mobile Payments ETF, Goldman Sachs ETF Trust - Goldman Sachs Motif Finance Reimagi...

Mobile Payments J.P. Morgan ( JPM ) decided to shut down its Chase Pay app in early 2020. Launched in 2015, Chase Pay has had a slow rate of adoption with less than 1% of online merchants accepting the product according to a PYMNTS report . During the Q3 earnings call, Apple's ( A...

Amid the discussions about various technology companies and their current place in the tech company business life cycle, their particular risk-reward offering, and the specific currents in the sub-sectors they operate in, I noticed that a lot of discourse does not mention technology-oriented E...

The Fed's plan to develop a real-time payments system, which is "functionally similar" to debit payments, may present some "very long-term" risks to Visa ( V +1.6% ) and Mastercard ( MA +2.4% ), for which U.S. debit accounts for ~15%-20% of their credit volumes, writes Bernstein's Harshi...

A new digital bank aimed at serving entrepreneurs and venture capitalists recently raised $116M from investors including T. Rowe Price ( TROW +0.6% ) funds, Patriot Financial Partners, Endeavour Capital Advisors, and FJ Capital Management. More news on: T. Rowe Price Group, Inc., Hamil...

This video discusses ways to potentially invest in new technologies, like Read more ...

Bill.com, a business payments and software platform, gets $88M in a funding round led by Franklin Templeton, with participation from Mastercard ( MA -0.1% ), Fidelity Investments Canada ULC, and others. More news on: Mastercard Incorporated, ETFMG Prime Mobile Payments ETF, Global X Fi...

Mastercard ( MA +0.9% ) sees banks following Apple's lead in getting rid of the number on credit cards to increase security if a customer loses the card, Bloomberg reports. More news on: Mastercard Incorporated, Capital One Financial Corporation, Citigroup Inc., Financial stocks news, ...