Editorinchief, macon murphy. Carol you guys take a look at something, that is paypal for india. Megan this is a story that goes to the scramble in india. They extinguished their two largest bank notes to combat corruption and fraud in that market, but what it has really led to in this country and developing countries, the push for digital payments. What kind of space this is . The story captures that it is still wild west. We described it as a lot of people now pushing into digital payments. People dont even have cell phones. They are moving up the rung and theyre going straight from not even having a bank account or cell phone to processing all their payments online digitally. It is a multitrillion dollar market and shows how for people who are brave and innovative, who are willing to take risks, how they get that technology, there is huge opportunity. Oliver there is a big point of conversation, the advent of fake news. There are people combating it. It has become a big deal and play
Editorinchief, macon murphy. Carol you guys take a look at something, that is paypal for india. Megan this is a story that goes to the scramble in india. They extinguished their two largest bank notes to combat corruption and fraud in that market, but what it has really led to in this country and developing countries, the push for digital payments. What kind of space this is . The story captures that it is still wild west. We described it as a lot of people now pushing into digital payments. People dont even have cell phones. They are moving up the rung and theyre going straight from not even having a bank account or cell phone to processing all their payments online digitally. It is a multitrillion dollar market and shows how for people who are brave and innovative, who are willing to take risks, how they get that technology, there is huge opportunity. Oliver there is a big point of conversation, the advent of fake news. There are people combating it. It has become a big deal and play
Editorinchief, megan murphy. You guys take a look at something, that is paypal for india. Megan this is a story that goes to the scramble in india. They extinguished their two largest bank notes to combat corruption and fraud in that market, but what it has really led to in this country and we see this in developing countries, the push for digital payments. What kind of space this is . The story it sort of captures that it is still wild west. We described it as a lot of people now pushing into digital payments. People dont even have cell phones. They are moving up the rung and theyre going straight from not even having a bank account or cell phone to processing all their payments online digitally. It is a multitrillion dollar market and shows how for people who are brave and innovative, who are willing to take risks, and really just sort of get that technology, and amass that technology, there is huge opportunity. Oliver there is a big point of conversation, the advent of fake news. Th
Megan this is a story that goes to the scramble in india. They extinguished their two largest bank notes to combat corruption and fraud in that market, but what it has really led to in this country and we see this in developing countries, the push for digital payments. What kind of space this is . The story it sort of captures that it is still wild west. We described it as a lot of people now pushing into digital payments. People dont even have cell phones. They are moving up the rung and theyre going straight from not even having a bank account or cell phone to processing all their payments online digitally. It is a multitrillion dollar market and shows how for people who are brave and innovative, who are willing to take risks, and really just sort of get that technology, and amass that technology, there is huge fortunes to be made. Oliver there is a big point of conversation, the advent of fake news. There are people combating it. It has become a big deal and played a central role in
Failing the latest stress test, and the biggest was in italy, while spain, france, and italy. Ms. Is a pretty big blow for italy. It is a good bank. Greg yes. 1472. Worst is absolutely the cap the lies. Again, that it is not stringent. Ratios, etc. Yes, the Bank Authority from europe, there was the ecb report that found that 25 banks failed. Failing. T of 24 banks tougher. They have got nine months to fill these gaps, where as we said before, the 25 lenders from the ecb, no french, no german, no Spanish Banks or belgian banks failed. This was a big concern. Now, the comment right asset quality review. This also involves the contraction. Rising unemployment. Ecb president was talking about the asset quality review. And 25 billion euros was found again. There was the 2. 1 billion euros. That is the impact. You mentioned the string in c of these. How stringent were they . You said they may have been more stringent than the previous stress tests. They had really tough stress tests. These a