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🛻 Uber Wants to Be a Credit Card Company. JPMorgan Still Runs the World. Block Is Finding Out AI Isn't Free.
Published 4Â months, 3Â weeks ago
Description
Uber just launched its first credit card globally — and it happened in Mexico, not Silicon Valley. JPMorgan Payments, which moves $12 trillion a day, published a piece today about why it has to think like a fintech to survive. And Block's head of IR dropped a thread this morning that quietly asks: what happens when the AI you fired people for starts sending you bills? We break down all three and what they mean for the next chapter of fintech.