KPS92

[KPS92 @kps92ipm]

@TheValueist Is this perplexity? Alphasense? I can't get output like this - care to share the prompt?

[KPS92 @kps92ipm]

@JerryCap Only if Jared is then CEO

[KPS92 @kps92ipm]

@fintechjunkie You need a few: ‘ool ool ool ool ool ool j.”

[KPS92 @kps92ipm]

@patio11 Look at the economics of FNF. Its loss ratio is ~4.5% (claims provision / premiums) and 2.3% if include escrow revenues in the denominator. It’s processing vs insurance. Crazy it costs that much.

[KPS92 @kps92ipm]

@Alex_Danco Alex, I would love to read this, understanding you may not have gotten to finish. It's a paid subscription but no link to pay...

[KPS92 @kps92ipm]

@SlingshotCap @noyesclt @technology Maybe in time extend that simple Pay-in-4 transactions.

[KPS92 @kps92ipm]

@SlingshotCap @noyesclt @technology I don't see them bringing Apple Card in-house either. I bet they are looking at bringing processing for subscription services in-house, where you are a loyal known customer, can Face/TouchID, they have transaction history, and can cut your subscription off.

[KPS92 @kps92ipm]

@articulationpt @GavinSBaker @typesfast @theallinpod One way to see this within Payments names is debit vs credit exposure. Debit boomed and credit lagged and is now quickly reversing.

[KPS92 @kps92ipm]

@awilkinson 'Eating fat/protein before carbs' - meaning at same meal or larger spacing?

[KPS92 @kps92ipm]

@VinnyLingham @civickey Vinny, can you say more about Paypal's market positioning vs Coinbase/independents?

[KPS92 @kps92ipm]

@mfriedrichARK This has got to be more late '19 price increases and COVID driven drop in transaction expense (+debit) vs closed loop, no? And why not include transaction losses here?

[KPS92 @kps92ipm]

@MarcRuby And 'Google's entry into banking. That's a real competitor. We knew it as going to happen...any complacency around that and you are crazy.'

[KPS92 @kps92ipm]

Nice present in the mail today. Love all things R. Koch. @RichardKoch8020

[KPS92 @kps92ipm]

@sarthakgh Back-to-back announcements with Stripe banking (merchants) and Google Plex (consumers). In both cases, the user will choose the software / UX they want, NOT the bank they want. Bad news for banks.

[KPS92 @kps92ipm]

@mikekelly85 @CharleyMa Mike, what is going to be the basis for owning the profitable customer relationship in consumer finance?

[KPS92 @kps92ipm]

@noyesclt Looking at the list of partner banks, any idea how they where chosen? I’m sure Google thought hard on it.

[KPS92 @kps92ipm]

@noyesclt @scott_harkey Whoa there. The $1.2B includes $0.875B of pass-thru Bitcoin revs. Rev ex Bitcoin is $325m, or $43/yr/user. And of that > 50% is instant deposit at 1.5% (cash leaving ecosystem as fast as it can to linked debit card of a banked consumer) which doesn't feel durable or friendly.

[KPS92 @kps92ipm]

@kevin2kelly @benedictevans Horsetooth reservoir in Fort Collins Monday!

[KPS92 @kps92ipm]

@patio11 Love this idea.
https://t.co/t8q8FbSSHw

[KPS92 @kps92ipm]

@rshevlin @jamesplloyd @TangerineBank @BrettKing Would be sweet if Apple/GS encourage balance formation in Apple Pay Cash with automatic sweep of cash above say $500 to Marcus account.

[KPS92 @kps92ipm]

@scott_harkey @bgurley @Paydiant Nothing has changed. In none of the examples below is the QR code transporting payment credentials.