Visa Inc (NYSE: V) tapped PayPal Holdings, Inc (NASDAQ: PYPL) and Venmo to pilot Visa+, which aims to help individuals move money quickly and securely between different person-to-person (P2P) digital payment apps. Later this year, Venmo and PayPal users in the U.S. can start moving money seamlessly between the two platforms. Visa+ will not require users to have a Visa card; instead, by setting up a personalized payment address linked to their Venmo or PayPal account, individuals using either app Read More...
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‘Too Cheap to Ignore’: Cathie Wood Snaps Up These 2 Stocks Under $5
In the aftermath of last month’s failure of Silicon Valley Bank and the resulting banking crisis, economists and market experts are now turning their attention to the bigger picture, and unfortunately, the outlook is bleak. Cathie Wood, founder and head of ARK Investment, has pointed out that the velocity of money is slowing, and the odds of a ‘hard landing’ are rising. In her view, we’re more likely to see the economy take sharp downturn in the near future, caused by a confluence of high intere
