Ep. 121. News: Amazon is Everywhere

In this episode:

First up: Amazon is everywhere, should banks be concerned?, and is Amazon more of a threat than Trump? They also talk AI as RBC launches Siri bill paying functionality and USAA launches a pilot on Alexa. Klarna launches P2P product, Wavy, a rival to ABN AMRO's Tikkie but they have 'Pan-European' capabilities that could make them more influential.

Alipay's European expansion continues, and the team discuss the scale of growth in Asia, as South Korean bank Kakao gains 800,000 customers in 4 days and it's not viewed as especially notable. They also debate the potential post-Brexit banking exodus and the wider impact of that on the British economy.

And finally, as Andy Murray supposedly invests in Revolut, we talk about the impact of celebrity endorsement on fintechs.

Special Guests: Andra Sonea and Tanya Andreasyan.

Links:

• Executives Are More Worried About Amazon Than Trump Setbacks - Bloomberg
• RBC customers can now ask Siri to pay their bills
• USAA pilots conversational AI on Amazon Alexa
• Finsync connects with Worldpay US
• Klarna launches a peer-to-peer payment app called Wavy – TechCrunch
• Ingenico extends Alipay acceptance to banks and acquirers in Europe
• Bitcoin splits, but clone off to slow start
• Apple sales boosted by apps and music - BBC News
• Kakao Bank attracts 800,000 accounts in 4 days
• Oliver Wyman report on Brexit and banks - Business Insider
• The Brexit-effect on banking pay
• Watchdog calls for 'fundamental reform' of overdraft charges
• Tennis Star Andy Murray Among Customers to Pledge Over $22 Million to FinTech Revolut - CryptoCoinsNews