Deal numbers and valuations plummeted after a record 2021. This year, early-stage and tech-focused insurtechs are positioned to win.
The US is now Klarna’s largest revenue market thanks in part to its app solutions, the Klarna Card, and merchant-facing marketing tools.
We unpack the benefits, risks, and regulatory implications of AI’s impact on insurance.
New regulation can help sustain UK growth but other countries are rapidly making up ground in the race for open banking leadership.
They’re becoming delinquent on auto loans and credit card payments at a faster rate than older generations, raising questions about what’s normal and what’s troubling.
A handful of incumbent banks are offering 4% or more on savings accounts—but only for consumers who live outside the banks’ branch networks.
The total value of contactless payments made with UK Barclays cards surged nearly 50% YoY thanks to regulatory changes and broader acceptance.
The banking arm of the UK’s biggest supermarket chain could appeal to neobanks and help potential buyers scale quickly.
Customer experience makes or breaks trust: A recent survey suggests a poor experience or communication is enough to cause banking customers to lose faith in their financial institution.
Some banks are planning job cuts in areas related to investments. But others are adding and upskilling as the economic outlook strengthens.
Since MPs pointed out incumbents’ failure to pass along higher interest rates to customers, at least 4 neobanks have upped their rates.
Issuers should keep an eye on rising delinquencies and charge-offs to understand how consumers are faring financially.