Financial Services

Reuters joins the list of publications with AI licensing deals: CEO Steve Hasker said the company has $8 billion set aside for AI spending and multiple content licensing deals.

Following “voluminous” feedback from banks, regulators will reconsider their controversial proposal.

Xoom will offer customers fee-free remittances via PayPal USD to attract new stablecoin users

The bank’s offering faced competition from its own card-linked installment plans as well as from BNPL fintechs with expansive ecosystems

Retailers need to take note—not having a customer’s preferred payment method can increase cart abandonment

Customer stories reveal why credit unions and community banks are outpacing their larger counterparts in key growth areas.

As BaaS partnerships undergo a regulatory reckoning, a variety of third-party companies offer vetting, facilitation, and compliance services.

This puts Citi and Barclays in the hot seat—losing out on this volume would be a significant loss for the issuers

The card’s redemption scheme compares well with other popular travel cards, but it lacks features that would make it stand out

Card-linked offers are especially popular among younger consumers, Chime’s core user base