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Hahaha.

Have you heard of Boku, Dwolla, ISIS, MCX, PingIt, PayM, Zong... and what happened to their grand ambitions of beating Visa (and MasterCard) and hitting the jackpot?

@VernonCrabtree + 1.

#MeToo. I was trying to remember the last time I typed in my debit card / credit card number into an instore POS terminal.

Faster and easier, maybe, but kevin. is duplicitious in its claim that A2A is safer than debit card / credit card - the latter payments provide fraud protection whereas I don't know a single A2A payment that does.

On a side note, it'd be interesting to watch whether and how card networks respond to this brazen guerrilla marketing tactic by kevin.. 

If it says that, it'd be hard for Affirm and its VC investors to carry off their claim that Affirm - and other fintechs - will disrupt banks:). 

Fintech Shouldn’t Stop Chanting The Disruption Mantra. 

I'm also guessing that the Affirm BNPL Debit Card will not give Rewards or have the higher fraud protection limits of a true Credit Card. 

Okay @AmeStuart. 

So cash usage is 50.5% in 2000 and 14.6% in 2019.

Out of curiousity, I plugged these numbers into the forecasting model I had used in my blog post The Death Of Cash Is At Least 190 Years Away. 

https://www.finextra.com/blogposting/7254/the-death-of-cash-is-at-least-190-years-away

The zero-cash day is now 55 years away!

How is 50.5% down from 14.6%?

I read recently that Cash in Circulation has gone up in USA. 

If UK mirrors USA, did you actually mean "cash is 50.5%, up from 14.6%?"

LOL. Apparently, Kalshi is not limited to gambling.

In a recent issue of Money Stuff, Matt Levine gave an example of how Kalshi could make a huge market out of thin air: 

"If Kalshi was around this week presumably it would have made markets in, like, “Will Keith Gill Wear a Headband to the GameStop Hearing,” and hundreds of millions of dollars would have changed hands on that contract, and there’d be sob stories about people who bet yes and lost their houses, and there’d be insinuations about insider trading by people with confidential knowledge of Gill’s sartorial choices, and there’d be a whole other congressional hearing to grill Kalshi’s executives about the integrity of prediction markets." 

Enter meter #? As you approach your destination i.e. while you're still driving? Sounds like clunky UX, if not a bit unsafe.

I wonder how hard is it to replicate an Oyster Card like experience for parking ? Park car, tap in, take out car, tap out, parking charge is automatically calculated and debited to funding source on file.

Won't it be a step up in UX even if it's only available with parking operators who sign up with Google?

Kudos to Monzo for caring for its customers' financial health. Of course, to some people, this move might appear as Financial Exclusion.

Not sure about UK but, in USA, BNPL volumes for 2020 was in the region of $25B, which is just about 1% of credit card volumes. I think BNPL is too small to regulate. By becoming a subject of too much hype at too early a stage, BNPL is hurting itself by appearing on the regulatory radar too soon instead of staying under the radar and growing to at least 20-25% of credit card volumes, by which time it will become too big to be regulated.

After ranting for eons that bank accounts from traditional banks don't fulfill their needs, Finsurgents may finally get a chance to DIY their personalized bank accounts!