It benefited from increased volume in its key growth categories, like BNPL and Braintree

It launched crypto transfers between Venmo users and through external wallets and exchanges.

On today's episode, we explore the evolution of the payments ecosystem and discuss the trends to look out for in 2023. In our “Headlines” segment, we discuss (among other things) buy now, pay later; credit card fees; and crypto. In “Story by Numbers,” we examine payments at retail stores. And in “For Argument’s Sake,” we debate whether interest rate scrutiny by regulators will impact credit card rewards programs. Tune in to the lively conversation between our host Rob Rubin and analysts David Morris and Jaime Toplin.

The Web3 opportunity is real, but it’s tempered by misconceptions and little-understood risks. Financial services providers must first understand what Web3 really means to avoid disintermediation by fintechs and first-mover incumbents.

The UK is a digital payments leader, though traditional payments provide a backbone. Payment method preferences among different demographic groups are determining the winners and losers.

After touting a recession-proof business model, the BNPL firm slashed 19% of its workforce and will restructure to the tune of $39M.

The scale of FTX’s bankruptcy has placed it among the biggest bankruptcies in financial services history, where it sits fourth behind only WorldCom, Enron, and Lehman Brothers. However, there’s a chance of an even bigger disaster if Tether goes down.

This year will push fintechs to their limits, as regulators, consumers, and investors demand change. Those that can meet heightened demands will be rewarded with a larger share of the pie.

We plot the trajectories of three US policy initiatives we tracked this year to forecast how they’ll fare in the 118th Congress.

We highlight some of the biggest and most shocking failures of the year.

New rules for FDIC insurance representation on digital channels include specifying that crypto assets are not deposits.

CBDCs are considered a more viable application of blockchain technology, bringing together the best attributes of fiat and cryptocurrencies. Mainstream usage is years away—but established payments players can start preparing for their launch now.

The government hopes sweeping changes for Britain's banks will give the sector a lift. But it could expose lenders to more risk.

Stringent crypto regulations could finally be coming in wake of the latest digital asset crisis.

After reviewing the books, Binance is walking away from its nonbinding agreement to buy crypto exchange FTX.

The feature lets users pay with crypto via their Revolut card. Here’s why it may struggle with adoption.

Alphabet earnings disappoint, except in the cloud: Google Cloud surpassed Q3 expectations as Alphabet’s topline revenue dashes investor hopes. Expect more pressure on employees, which could harm workplace culture.

One year after the company’s name change, Meta’s business is in disarray. We explore the reasons for the downturn, our two-year outlook, and how companies that rely on Facebook, Instagram, and other Meta platforms should adjust their strategies.

Venture-capital-backed fintechs raised less cash in Q3, hitting a nine-quarter low.

Goldman Sachs, JPMorgan, and Nomura have all expanded into NFTs.