Payment Processors and Financial Institutions Leaning on the Internet to Do Business

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Nell: Banks that rely heavily on the internet to do business. Right now, viss work can handle about 65 thousand transactions per second. When you're processing trillions of dollars of payments, that can be a limiting factor as the world goes increasingly cashless. Nell: We live in a world where digital payments are only growing. More and more people are relying on digital payments to move money multiple times per day.

Greater speeds. More capacity. Jason Moser and Matthew Frankel, CFP, discuss the wide ranging implications of 5G technology, and how investors should think about the rollout. Because it’s not just faster speeds for your phone– 5G technology could change the way you bank, game… and even smoke your ribs.

Additional topics include: - The fundamentals of 5G - Implications on artificial intelligence, internet-of-things devices, immersive technology, and connected vehicles - Allocation strategy for 5G investors

For more information on investing in 5G stocks, click here: https://www.fool.com/investing/stock-market/market-sectors/communication/5g-stocks/

Stocks: QRVO, TSLA, T, QCOM, CCI, AMT, AX, V, MSFT, ATVI, TCEHY, SONY

Host: Jason Moser Guest: Matthew Frankel Producer: Ricky Mulvey Engineers: Rick Engdahl, Dan Boyd

Learn more about your ad choices. Visit megaphone.fm/adchoices