Banks need to understand how they monetize realtime payments services
Currently there isn't a model for how banks should charge for realtime payments and it's hard to advocate for them without cannibalizing their credit card business
Intuit is addressing fragmentation by launching QuickBooks Workforce, an AI-native, end-to-end human capital management platform built directly into QuickBooks.
The firm is building a unified SMB operating system where finance, workforce, AI agents, and operations continuously feed into one another.
Block has extended over $200 billion in credit globally by underwriting customers with first-party data from Cash App and Square, bypassing the bureau feeds that leave 100 million Americans invisible to traditional lenders
The same risk philosophy runs across all three products: maximize access, reduce cognitive burden on repayment, and reinvest efficiency gains back into expanding credit
