Affirm can maintain its market lead by working with the country’s largest etailer, and Amazon can use a growing payment method to avoid bleeding customers to rivals.
Nirvana Money and a new niche bank designed for US military members aim to flip the story that neobanks can’t succeed.
The initiative, launched by Zopa Bank and ClearScore, aims to help UK consumers make better financial choices.
It rolled out a simpler tech stack with UPI Lite and introduced credit card linking, which can aid its global expansion efforts.
The SEC fined the firm $35M for improperly disposing of devices containing sensitive data.
Fintechs and neobanks value banking licenses for functional reasons, but they might be seeking intangible benefits as well.
Customers are still reporting service gaps. Now the AG wants to take control, and others are calling for federal oversight.
Smarter subsidies and incentives for EV adoption: Global EV adoption targets require a monumental shift for consumers. The shift can be accelerated by incentives to help bring down initial costs.
Two representatives introduced a house companion to the Credit Card Competition Act of 2022, showcasing a broader desire to reform card fees.
Watch the on-demand replay of our webinar, The Great Realignment, as our analysts showcase how ecommerce, social media, fintech, and more are being transformed amid the market turmoil of 2022.
US regional banks have grown to a size where an economic crisis would have lasting impacts. And EU banks are under review for potential energy-related losses.
So far, the line of questioning is unclear—but it’s unusual, and it’s another headache the bank doesn’t need.
The two new companies will focus on ATM products and services and digital banking products. But beyond that, the strategy is unclear.
Issuers may need to balance meeting lending demand and protecting their balance sheets as more consumers hold onto credit card debt for longer.