Attack of the Zombie SMBs!
Glen speaks with Rapid Finance’s Patrick Lord about Zombie Business Fraud and other threat vectors given a bump by AI. Also, Stripe ponders a big play in AI routing, and SMBs send mixed messages to their multiple (banking) partners.
Looking for the X-Factor in Stripe’s PayPal Bid
By now you’ve probably heard about Stripe’s recent $53 billion offer- alongside private equity firm Advent International as an essentially equal partner- to acquire PayPal. You’ve probably also heard that PayPal’s board has rejected the offer as insufficient. Odds are good this saga is far from over, however. Let’s explore a few of the angles that are poised to keep things interesting.
The Unstable Stablecoin Landscape
John and Glen discuss the latest maneuvers in the stablecoin world- particularly the newly announced Open USD initiative spearheaded by Bridge, bringing its parent company Stripe into the game. Is it a game changer or a press release destined for Libra-land? Also, new Fed data finds credit cards in overdrive.