IPAY News and Press, ETFMG Prime Mobile Payments From 12/13/20

The U.S. economy is set for a vaccine-fueled recovery in H2 2021, and if more fiscal support from Congress is available to bridge H1 pandemic weakness, financial stocks are well-poised for outperformance, write KBW analysts Frederick Cannon and Brian Kleinhanzl in a note to clients.However, i...

Digital payments have been growing fast, boosted by COVID-19. This should continue as consumer habits accept this change. Mobile Point of Sale (POS) payments set to grow the fastest. The Global Digital Payments sector is forecast to grow from US$4.9 to US$8.2 trillion, at a CAGR of 13...

The digital payments industry is a great growth opportunity amidst the pandemic. However, its maximum potential is limited by the effects of the pandemic. The growth of the digital payments industry is the advancement of technology multiplied by transaction volume. The recent ...

The COVID-19 pandemic has spurred increased use of digital forms of payment. Fintech platforms provide the convenience of transacting remotely and are slowly chipping away the traditional banking transactions. Fintech ETFs ARK Fintech Innovation ETF (ARKF), ETFMG Prime Mobile Payments ETF (IP...

Ahead of its Q3 earnings due after the close today, PayPal Holdings (PYPL) moves up 2.3% in morning trading in New York.Other fintech names are on the rise, too. Square (SQ) rises 2.4%, LendingClub (LC) jumps 6.9% and Fiserv (FISV) rises 1.7%.The fintech gains co...

Paypal has performed exceptionally well during the COVID-19 pandemic, with 2020 Q2 having record financial success. Paypal's primary exposure to the e-commerce market rather than in-person gives it a better outlook compared to peers. Paypal's valuation is fairly high but if it can...

The digital payments industry has many catalysts for growth in both pre and post pandemic. The ETFMG Prime Mobile Payments ETF ( IPAY ) gives exposure to innovative companies in this sector and is my recommended ETF for this purpose. Digital Payment Market Growth Prior to the COVID pandemi...

Global Payments (NYSE: GPN )   slides 1.4%  after Wedbush Securities takes the stock off of its "Best Ideas List" solely on "price action relative to the market rather than fundamentals." More news on: Global Payments Inc., ETFMG Prime Mobile Payments ETF, Financial stocks news,...

E-commerce growth for the week ended August 1 rose 71% Y/Y, per aggregated Bank of America credit and debit card data. The mark is consistent with the Q3 growth being seen in the prior few weeks. More news on: Amazon.com, Inc., Wayfair Inc., Shopify Inc., News on ETFs, Read more ...

Money is a strange business. People who haven't got it aim it strongly. People who have are full of troubles. - Ayrton Senna ETFMG Prime Mobile Payments ETF ( IPAY ) is a fund that is dedicated to the mobile payments sector. Managed by ETF Managers Group LLC, the stock is trading less than...