English
Specials
    Upgrade

    Moneycontrol

    Budget 2023Budget 2023

    PARTNERS

    • Tata AIA Life Insurance
    • Hafele
    • Motilal Oswal
    Live: Budget 2023: IT's demands
    Budget 2023
    Budget 2023
    you are here: HomeNewsOpinion

    Why Visa and Mastercard have yet to face their Kodak moment

    The fintech disrupters of the payments sector are no such thing

    Financial Times
    ©The Financial Times Limited 2020 Nov 21, 2022 / 11:49 AM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    Why Visa and Mastercard have yet to face their Kodak moment

    Representative Image/ Reuters

    Patrick Jenkins There are now 332 fintech unicorns in the world, according to a new ranking by small business portal Fintech Labs. Equally striking is the dominance within the financial technology realm of billion-dollar companies that deal in some way with payments. They account for eight of Fintech Labs’ top 10 — PayPal, Ant, Stripe, Shopify, Adyen, Block (formerly Square), Checkout.com and Afterpay. The big driver of this boom has been the steady decline of cash in all major economies of the...

    • PRO Panorama

      Moneycontrol Pro Panorama | Equity traders get the rough end of the stick

      Jan 27, 2023 / 04:57 PM IST

      In today’s edition of Moneycontrol Pro Panorama: Should investors worry about turnover ratio, can banks pull up Nifty, problems ...

      Read Now

    To read the full story, Subscribe to Moneycontrol PRO

    Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

    View Plans

    Already a member? Sign in

    Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

    50% OFF

    What Do You Get

    • Ad free experience

      Experience a non-intrusive navigation and faster response in the ad free mode

    • Sharpest Opinions

      Access to 230+ exclusive stories per month from our editorial and Experts

    • +

      Have a Global edge with access to content from world renowned experts and journalist

    • Actionable Insights

      Access to 40+ weekly investment ideas including 4 daily technical calls

    • Virtual Events

      Exclusive access to live webinars from market experts on trading and investment strategies

    • Newsletters

      Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

    View Offers

    Get upto 50% discount on limited period offers