PayPal Company Preso
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This document provides an overview of PayPal including how it works, its products, history, financial growth, profitability, competition, and prediction for the future. PayPal was founded in 1998 and acquired by eBay in 2002 before spinning off in 2014. It has over 100 million active users and processes over $315 million in daily payments. PayPal makes money through transaction fees ranging from 2.9-3.5% plus additional costs and has a market cap of around $90 billion, twice that of its former parent company eBay. Its main competitors are Square, Venmo, and Google Wallet.
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For the upcoming meetup we are organizing, we have an exciting lineup of activities planned:
-Insightful presentations covering two practical applications of the Power Grid Model.
-An update on the latest advancements in Power Grid -Model technology during the first and second quarters of 2024.
-An interactive brainstorming session to discuss and propose new feature requests.
-An opportunity to connect with fellow Power Grid Model enthusiasts and users.
Main news related to the CCS TSI 2023 (2023/1695)
An English 🇬🇧 translation of a presentation to the speech I gave about the main changes brought by CCS TSI 2023 at the biggest Czech conference on Communications and signalling systems on Railways, which was held in Clarion Hotel Olomouc from 7th to 9th November 2023 (konferenceszt.cz). Attended by around 500 participants and 200 on-line followers.
The original Czech 🇨🇿 version of the presentation can be found here: https://www.slideshare.net/slideshow/hlavni-novinky-souvisejici-s-ccs-tsi-2023-2023-1695/269688092 .
The videorecording (in Czech) from the presentation is available here: https://youtu.be/WzjJWm4IyPk?si=SImb06tuXGb30BEH .
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
Freshworks creates AI-boosted business software that helps employees work more efficiently and effectively. Managing data across multiple RDBMS and NoSQL databases was already a challenge at their current scale. To prepare for 10X growth, they knew it was time to rethink their database strategy. Learn how they architected a solution that would simplify scaling while keeping costs under control.
Trusted Execution Environment for Decentralized Process Mining
Presentation of the paper "Trusted Execution Environment for Decentralized Process Mining" given during the CAiSE 2024 Conference in Cyprus on June 7, 2024.
Generating privacy-protected synthetic data using Secludy and Milvus
During this demo, the founders of Secludy will demonstrate how their system utilizes Milvus to store and manipulate embeddings for generating privacy-protected synthetic data. Their approach not only maintains the confidentiality of the original data but also enhances the utility and scalability of LLMs under privacy constraints. Attendees, including machine learning engineers, data scientists, and data managers, will witness first-hand how Secludy's integration with Milvus empowers organizations to harness the power of LLMs securely and efficiently.
Presentation of the OECD Artificial Intelligence Review of Germany
Consult the full report at https://www.oecd.org/digital/oecd-artificial-intelligence-review-of-germany-609808d6-en.htm
June Patch Tuesday
Ivanti’s Patch Tuesday breakdown goes beyond patching your applications and brings you the intelligence and guidance needed to prioritize where to focus your attention first. Catch early analysis on our Ivanti blog, then join industry expert Chris Goettl for the Patch Tuesday Webinar Event. There we’ll do a deep dive into each of the bulletins and give guidance on the risks associated with the newly-identified vulnerabilities.
Building Production Ready Search Pipelines with Spark and Milvus
Spark is the widely used ETL tool for processing, indexing and ingesting data to serving stack for search. Milvus is the production-ready open-source vector database. In this talk we will show how to use Spark to process unstructured data to extract vector representations, and push the vectors to Milvus vector database for search serving.
Programming Foundation Models with DSPy - Meetup Slides
Prompting language models is hard, while programming language models is easy. In this talk, I will discuss the state-of-the-art framework DSPy for programming foundation models with its powerful optimizers and runtime constraint system.
Taking AI to the Next Level in Manufacturing.pdf
Read Taking AI to the Next Level in Manufacturing to gain insights on AI adoption in the manufacturing industry, such as:
1. How quickly AI is being implemented in manufacturing.
2. Which barriers stand in the way of AI adoption.
3. How data quality and governance form the backbone of AI.
4. Organizational processes and structures that may inhibit effective AI adoption.
6. Ideas and approaches to help build your organization's AI strategy.
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PayPal Company Preso
- 3. How it works
- 4. Products Chip and Swipe Reader $24.99 Chip and Tap Reader $59.99 Chip Card Reader $79.00 Mobile Card Reader $14.99
- 5. History 1998 Founded Peter Thiel and Max Levchin founded Cofinity Inc. Mobile App Paypal releases app for iOS and Android users. 2010 Merger Merged with X.com. Elon Musk becomes Chairman and CEO 2000 Acquisition eBay acquires PayPal for $1.5 Billion 2002
- 6. History (Cont.) 2014 Spin-off Paypal and ebay announced they will become two independent companies 2013 Acquisition PayPal acquired Venmo 2016 Venmo Venmo processes $1 Billion in payments 2011 One Hundred Million Mark Paypal reaches 100 million users and processing $315 million in payments per day
- 7. How do they make money?
- 8. Financial Growth ● Market Cap: ~90 Billion ● Worth twice more than Ebay Inc ● Stock price: ~$35 -> $75
- 10. Secret Sauce ● Convenient and easy to use ● Checkout method accepted by lot of companies ● No Monthly fees for using their financial system
- 11. Competition PayPal Square Venmo Google Wallet Credit Fees 2.9% 2.75% 3.0% 2.9% Cost(Keyed) 3.5% + 15cents 3.5% + 15 cents N/A N/A Transfer Limit $10,000 N/A $3,000 $10,000 Withdrawal Speed 3-5 Business Days 1-2 Business Days 1 Business Day 3 Business Days Hold Money in the account?
- 12. Prediction ● I think it will be successful ● Venmo is growing tremendously ● More growth potential from international markets Paypal's Net RevenuePayPal's Active Userbase
- 13. References ● https://squareup.com/pricing?gclid=CjwKCAiA3o7RBRBfEiwAZMtSCXM96KIxhuyyV4XcHGrgoyKG16hKHHdDYOlQYrQ1GaLjABG2NXz9Uxo CqEYQAvD_BwE&pcrid=49460379097&pdv=c&pkw=square+fees&pmt=e ● https://www.paypal.com/us/webapps/mpp/merchant-fees ● http://mashable.com/2014/07/14/google-wallet-for-beginners/#iZfG6pzUAGqE ● https://us.paypal-here.com/card-readers/ ● http://www.jec.cl/articulos/?p=82796 ● https://www.cardfellow.com/square-alternatives/ ● https://www.statista.com/statistics/218517/paypals-net-revenue-per-quarter/ ● http://www.caravetgroup.com/online-pet-shop-for-cat-and-dog-supplies/terms-conditions/how-do-i-make-a-payment ● http://www.idownloadblog.com/2016/02/18/paypal-app-redesign ● https://finance.google.com/finance?q=NASDAQ%3APYPL&fstype=ii&ei=IoslWsq-DY3kjAHx2JK4Cg