The technology will improve banks’ customer service and help them deliver more personalized interactions.
While BNPL losses remain low, consumers may be overextending themselves, making it harder for consumers to pay off their growing credit card balances
The license was approved just days after the country’s regulated market opened, making Paysafe a first mover
Discover’s more limited global acceptance could frustrate customers, but Capital One would have the time and resources to grow acceptance
Fintech ad spending surges 45%: Klarna, Brex, and Mercury lead a shift to mainstream messaging, emphasizing transparency and trust amid regulatory scrutiny.
Sezzle faces an uphill battle competing against larger players like Affirm and Klarna
The tie-up will bring the BNPL provider to a bevy of merchants’ checkout pages—whether they like it or not
Credit card issuers can steal share from debit cards by expanding grocery-focused rewards and promoting budgeting tools
We examine what this means for the industry and their competitors.
The law enforcement agency is seeking civil penalties against the neobank, replacing the FTC’s original lawsuit.
Interest rate cuts could help heading into 2025, but consumer financial health remains on shaky ground
While the lawsuit may not go anywhere under Trump’s CFPB, the P2P platform’s continual fraud concerns may damage its reputation
The deal highlights providers’ efforts to keep up with the growing demand for EWA
Latest data from S&P Global Market Intelligence shows where these institutions rank.