Affirm and Splitit struck partnerships to shore up growth as market uncertainty takes a toll on the BNPL sector.
For years, small banks have handled deposits for large crypto firms. Their experience offers lessons to big banks that now want in.
The surveys conducted by the CMA show that online banks are beating out incumbents.
The firm also failed to renew contracts with other large clients, suggesting a change in direction for banking as a service.
Max Levchin said the company’s underwriting process and business model would help it withstand a financial downturn.
US banking digital ad spend will hit $13.54 billion in 2022, up 20.4% year over year. Growth was even faster in 2021, when banks anticipated an upswing in consumer spend. In the coming years, growth will decelerate but remain in the double digits.
The mortgage lender’s offer will integrate directly into any Q2-powered institution’s online experience.
This matchup, along with Western Union’s recent deals, brings new financial opportunities in places they’ve never been before.
A published report suggests consumers don’t always know what they are agreeing to when they hand over financial information.
The card network is said to have started automatically enrolling merchants in its BNPL program. But some providers have financial concerns and have opted out.
Influencer marketing has a disclosure problem: The Crypto market in particular has seen top creators push what turned out to be scams, costing followers millions.
Banks have asked for the head seat at the table regarding crypto regulations—but just days later, lawmakers want to claw back the few capabilities they already have.
The Canadian service promotes financial literacy with a learn-by-doing approach. Will it catch on when other apps let kids play games instead?