It opened up its ecosystem and seemingly gave up its grand financial services ambitions. But it’s still a major payments player.
Despite overall satisfaction, consumers will make the switch for the right offer. This lack of loyalty should make issuers rethink their retention strategies
Despite rapid digitization, providers shouldn’t close their retail doors just yet
Digital wallets are solving this with passwordless checkout, which will likely become the industry norm
Word-of-mouth marketing is critical to the customer acquisition process for credit cards
From revolutionizing logistics and digital payments to capturing a major share of ecommerce and retail media ad revenues, Mercado Libre has profoundly reshaped Latin America’s digital economy.
The regulator cut interest rates by another 25 basis points 4.25%-4.50%.
Companies implemented the tech for hyperpersonalization, AI chatbots, fraud prevention, and other use cases
The office of the Delaware State Bank Commissioner granted its approval, leaving just stakeholders and federal regulators to decide the deal’s fate.
Banks must be prepared in case the regulator is restructured.
Insurers in the state can now use complex computer models to recalibrate rates.
The social media platform has fostered ties between financial institutions and Gen Zers.
Providers can invest in features like one-click checkout to boost their competitive positioning
This tie-up defies previous concerns about the viability of funding the BNPL industry
The service could help make users feel more comfortable making payments with the digital asset
Wary of traditional investments, wealthy Gen Zers and millennials turn to crypto, real estate, and private equity.