Fly Now, Pay Later

• Is travel the new Peloton in BNPL? 
• https://www.protocol.com/fintech/affirm-fly-now-pay-later 
• Affirm and American Airlines announced an exclusive partnership 
• BNPL moving heavily into travel 

 

CFPB Says “Show Me the Money (data)” 

• A look into the CFPB probe into big tech in regards to payments and data
• Orders initially Issued to Amazon, Apple, Facebook, Google, PayPal, and Square
• Stablecoins and Super Apps being studied 
• Data harvesting, access restriction, and user choice, other consumer protections

 

What’s New in the $HOOD? 

• https://www.google.com/finance/quote/HOOD:NASDAQ 
• Earnings missed analysts’ predictions on key metrics 
• The stock dropped below its IPO price
• Crypto trading down contributed to weak revenue numbers 
• Bleak outlook as they ride the wave of frenzied markets 

 

Acronym of the Week: API 

• Application programming interface 
• Why this is important for fintech 

 

What’s Coming Up?  

• AWS re:Invent at the end of November 
• The next in the AI on Fintech series coming soon 
• Most recent one: 
• https://www.forbes.com/sites/moorinsights/2021/10/26/keeping-an-ai-on-fintech-ai-based-use-cases-poised-to-take-financial-services-to-the-next-level/?sh=4b1689d04b9f