DEBATE: Will Uber’s move into banking succeed or fail? DEBATE: Can Uber graduate from taxi rank to taxi bank? Can Uber graduate from taxi rank to taxi bank after announcing its move into financial services? YES, says Andrew Mitchell, vice president at JCB. Uber’s drivers are its bedrock. And growing driver service and revenue options without earth-shattering outlays is shrewd indeed. As such, Uber Money is a logical step to maximise its digital-lifestyle standing [...]
DEBATE: Is Apple’s move into finance with the launch of a credit card a good idea for the tech giant? Is Apple’s move into finance with the launch of a credit card a good idea for the tech giant? YES, says Andrew Mitchell, vice president at JCB. Despite the steady growth of Apple Pay, it’s relatively early for Apple in the payments sphere. However, this product could be a catalyst, strengthening Apple’s position in financial services [...]
DEBATE: Following news that Monzo is set to be valued at $1bn later this year, is the company overhyped? Following news that Monzo is set to be valued at $1bn later this year, is the company overhyped? YES, says Danny Bluestone, founder and chief executive of Cyber-Duck. Monzo has only been able to grow its cult following of tech savvy millennials because it allows them to get things done at the tap of a [...]
