13 Jun 2022

Member Exclusive, Podcasts

Trust, stablecoins, and the AI margin squeeze: What McKinsey and QED’s fintech report means for banks

• Max Flötotto, who leads McKinsey’s global retail banking practice, and Mike Packer, a partner at QED Investors, just co-authored a report mapping where fintech goes next — and they agree on almost everything in it.
• We dig into why “a feature is no longer a fintech,” why only 1% of stablecoin volume is actual end-user payments, and why the simplest version of banking — deposits and loans — may be the part most at risk from AI agents.

Member Exclusive, New banks

The European neobank that grew too fast is learning how to be a global bank

• Revolut built its reputation by behaving like a technology company -- fast-moving, product-driven, and globally ambitious.
• As Revolut grows, execution is becoming just as important as innovation. Its next test is balancing fintech agility with the discipline of a global bank.

10-Q

The Week in Market Moves | June 18-25, 2026

• This analysis tracks recent specific company developments and how markets responded, anchored to Thursday's close.
• Last week’s prominent moves came from Green Dot, American Express, J.P. Morgan Chase, Alphabet, and NVIDIA.

10-Q, Member Exclusive

PayPal is trimming the parts that don’t fit its new operating model

• PayPal is reportedly considering winding down its venture capital arm, PayPal Ventures.
• Venture arms are often the first casualty when strategy becomes less about exploration and more about execution.

Member Exclusive, Opinion

Letter from the Editor: The end of “consumer” and “business” as well-defined categories

• Traditional consumer and enterprise labels are losing relevance as behavior, context, and automation take center stage.
• So, what comes next for financial infrastructure when labels give way to context?