US banking digital ad spending growth has slowed to a trickle and pushed marketers to rethink their allocation strategies. But 2024 looks more promising.

Generative AI and embedded finance popped up across a host of conversations—we give our take on how firms should approach these innovations.

The company has been beefing up its BNPL capabilities ever since its exclusivity period with Affirm ended earlier this year

Growing debt, high interest rates, and recessionary threats could spell trouble despite the positive spending patterns

Amazon’s BNPL partners—Affirm and Citi—likely benefited from growing consumer demand for the tool

Issuers are bracing for a recession to take a toll on charge-off rates, merchant fee revenues, and interest income. But have they fully baked in the economic threats consumers face?

The brands built on their previous BNPL partnerships, bringing Affirm’s product to Amazon Pay to grow the buy button’s reach

Bumper profits, struggling investment banks, and swelling customer deposits were all themes in banks’ Q1 earnings.

High inflation and growing interest rates are putting the credit card industry in a precarious position. As 2023 progresses, issuers and networks will rethink their strategies and marketing schemes to protect their bottom lines.

Banks are under pressure to slash costs amid weak dealmaking. Citi is cutting jobs but also spending big in a strategy shift.

The mix of flexible working arrangements banks and fintechs offer could create recruitment advantages for opportunistic firms.

Banks recognize the benefits and risks of AI. Planning for regulation, investing now, and educating staff are all key to embracing the tech.

Just as the tech blows up in banking, UK startup Evident has created a non-biased index that scores banks on AI development and implementation.

Mass layoffs at the Wall Street bank and a forecasted 46% drop in profits are symptomatic of the broader banking industry slowdown.

Invigorated travel has reestablished demand for travel credit card perks and benefits. But a recession could reverse gains—requiring premium card issuers to balance travel offerings with everyday utility. This second annual study reveals which of 10 leading premium travel credit cards are best positioned to attract and engage customers, based on their support of 49 emerging features.

We wrap up what happened at last week’s Wealth Management Transformation Summit session on ESG in London.

This sixth annual study ranks mobile app capabilities across 20 US financial institutions on 42 emerging features, weighted by consumer demand.

Taking risk on technology is crucial to competitive advantage: Banks are challenged to counter emerging threats, seize opportunities, and build an innovation pipeline. While digital organizations evolve, corporate labs, ventures, accelerators, and strategic investors lead the charge.

The programs are a part of Project REACh and can help Citi make up for potential losses in the event of an economic downturn.