Fintech Companies To Buy And Watch Amid Rise Of Digital Payments
Summary
( AMZN ) Innovation in digital and mobile payments is making cash and checks go away and someday may even eliminate plastic credit cards.But, the credit card networks are making sure theyre still used for online checkout systems like PayPal or mobile wallets like Apple Pay.Incumbents in the B2B payments market include Worldpay ( WP ), First Data ( FDC ), and Total System Services ( TSS ).Financial software includes companies that make tools for banks, investment firms, insurers, tax preparers, and mortgage lenders.Goldman Sachs ( GS ), JPMorgan Chase ( JPM ) and Bank of America ( BAC ) have been investing in blockchain technology.
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Fintech & Banking
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