Stripe cut its internal valuation by 28%, but we look at why it’s still better off than other tech startups.
The US insurance industry will top $12 billion in digital ad spending this year, up 15.0% from 2021. Outlays will continue to increase by double-digit rates over the next couple of years, surpassing $15 billion in 2024.
The CFPB and OCC claim BoA’s faulty program automatically froze accounts, causing customers to miss out on deserved benefits.
Citizens must wholly accept a CBDC for it to be successful, but obstacles to making that happen are steep.
JPMorgan, Citi, and Wells Fargo reported strong card spending in Q2, but inflation and recession fears made them pivot to a more defensive posture.
On today's episode, we discuss why the new Wells Fargo credit card is significant and the short- and long-term challenges of credit card companies. "In Other News," we talk about what to make of the market value free fall of buy now, pay later giant Klarna and why Meta is ending the pilot for Novi, the company's digital wallet. Tune in to the discussion with our analysts David Morris and Jaime Toplin.
Global fintech funding dropped by one-third in Q2, new data shows.
The updated version offers more generous rewards for purchases at US gas stations and online purchases. We weigh whether that’s enough to capture consumers’ attention.
As the online BNPL space saturates, Afterpay and Klarna are turning to in-store partners to fuel growth.