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Google Pay expands remittances market

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Google Pay now lets American users send money to India and Singapore


Google has launched international money transfer partnerships with money transfer firms Wise and Western Union Co.

The new feature will be accessible for users of its U.S. Google payments app.

Google Pay users in the U.S can now transfer money to app customers in India and Singapore…

There are further plans to expand to the 80 countries available via Wise, and 200 via Western Union by the end of the year.

Google’s role in the $470 billion remittance market, marks a further step by the technology company to expand its financial services offering.

No doubt it will see a ramping up of competition in the digital payments sector.

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Money

Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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