The law enforcement agency is seeking civil penalties against the neobank, replacing the FTC’s original lawsuit.
Interest rate cuts could help heading into 2025, but consumer financial health remains on shaky ground
While the lawsuit may not go anywhere under Trump’s CFPB, the P2P platform’s continual fraud concerns may damage its reputation
The deal highlights providers’ efforts to keep up with the growing demand for EWA
Latest data from S&P Global Market Intelligence shows where these institutions rank.
We may have been a little too early with some of our predictions—rollouts for Paze and FedNow took longer than we expected
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.