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Financial Services Industry Seeing Massive Change

Plaid CEO Zach Perret discusses the state of the financial technology industry and his company which as valued at more than $13 billion. He speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde…

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Plaid CEO Zach Perret discusses the state of the financial technology industry and his company which as valued at more than $13 billion. He speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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9 Comments

9 Comments

  1. James Harris

    July 27, 2023 at 3:47 pm

    Y’all get the CEO’s. Have really appreciated getting a feel for top executives. And they tend to be on point. FedNow? Yes! Agree with that in statement from commentator dude.

    • Burgermonster

      July 27, 2023 at 6:25 pm

      What?

    • Caleb Joye Music

      July 27, 2023 at 7:04 pm

      @Burgermonsterexactly what I was thinking! Probably some one drunk typing

  2. Caleb Joye Music

    July 27, 2023 at 7:05 pm

    What’s the trade off? Always a downside to new tech! Plaid has already scammed me for hundreds of dollars in fees for crypto transactions from bank to exchanges! I have feeling we well all be paying much higher fees for these “fast” transactions! 😡 The real story here should be about how Plaid monopolizes the market on bank to crypto exchanges (among others) and has taken advantage of poor and middle class workers charging excessive fees for a simple transaction that should be less than $3 (in a fair amount) for the technology! The technology the use to make these transactions is nothing special, they have simply been given the keys to the kingdom just as credit card companies have also to prey on the poor. Plaid is a 13 billion dollar company!!! They say that with pride yet they have taken this money from people who are too dumb or too impatient to find better ways.

    The have monopolized transactions and are making millions per day off the new crypto investors and blue collar workers who don’t know any better.

  3. Luca Gheorghe

    July 27, 2023 at 8:23 pm

    👍👍👍.I’ve been quite unsure about investing in this current market and at the same time I feel it’s the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. I just need creative ideas to afford my retirement.🚀🚀

    • rub tyson

      July 27, 2023 at 8:25 pm

      Yes I Agree, I’ve been talking to ALEX L ORLOFF for long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring..

    • Luca Gheorghe

      July 27, 2023 at 8:26 pm

      pls do you mind sharing any means of reaching out to him?

    • Kennedy Emmauel

      July 27, 2023 at 8:26 pm

      @Luca Gheorghe Run a quick online research with his name

  4. Elaine Munro

    July 27, 2023 at 9:13 pm

    The real headline is “Unknown timeframe for Instant Money Movement”. Watch it but beware of other competitors…

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Bloomberg Technology

Apple Soars Post-Earnings and Jobs Data Disappoints | Bloomberg Technology

Bloomberg’s Ed Ludlow breaks down Apple’s earnings including an upbeat forecast and record buyback. Plus, tech jumps and market traders re-up rate cut bets as US jobs data disappoints to the downside, and Coinbase’s CFO breaks down the company’s first quarter earnings. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation…

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Bloomberg’s Ed Ludlow breaks down Apple’s earnings including an upbeat forecast and record buyback. Plus, tech jumps and market traders re-up rate cut bets as US jobs data disappoints to the downside, and Coinbase’s CFO breaks down the company’s first quarter earnings.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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The Global Outlook for the Gaming Sector

It has been a hard week for the video game industry, with AMD warning of a slowing demand for chips powering game consoles and computers, and video game publisher Take Two planning to shut down subsidiaries in London and Seattle amid mass layoffs. In more positive news: Twitch, Amazon’s livestreaming platform for gamers, is going…

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It has been a hard week for the video game industry, with AMD warning of a slowing demand for chips powering game consoles and computers, and video game publisher Take Two planning to shut down subsidiaries in London and Seattle amid mass layoffs. In more positive news: Twitch, Amazon’s livestreaming platform for gamers, is going to launch a competitor to TikTok. Konvoy Managing Partner Jason Chapman joins Ed Ludlow on “Bloomberg Technology.”
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Coinbase Slips as Beat Fails to Impress After Rally

Coinbase shares slipped after a first-quarter results beat, as Mizuho noted the crypto trading platform’s strong year-to-date rally, signs of a transaction revenue drop in the coming months and potential regulatory risks. Still, Coinbase CFO Alesia Haas says the company is focused on long-term trends. She joins Bloomberg’s Sonali Basak and Ed Ludlow on “Bloomberg…

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Coinbase shares slipped after a first-quarter results beat, as Mizuho noted the crypto trading platform’s strong year-to-date rally, signs of a transaction revenue drop in the coming months and potential regulatory risks. Still, Coinbase CFO Alesia Haas says the company is focused on long-term trends. She joins Bloomberg’s Sonali Basak and Ed Ludlow on “Bloomberg Technology.”
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