Improvements in profitability sets up the company for a strong public offering, which is expected next year
McKinsey partners call out the difference between being solely tech-led—instead of being business-led, with the technology function as an enabler.
Two factors are converging to drive improvements in PFM tool functions and make them a bigger factor in customer satisfaction and retention.
Get the correct answers to our Big Question quiz in the Banking & Paymentsvnewsletter from Insider Intelligence.
Brokered deposits are the next regulatory battlefield: The FDIC worries about “hot money” that might be yanked from banks at the slightest sign of trouble. Banks are asking for the data backing its proposed changes.
This can help the fintech capture more UPI volume while boosting credit use in India
The update should help consumers feel safer using the P2P app, which may help boost Apple Cash adoption
BNPL providers have been flocking to travel to maintain payments momentum as the BNPL industry’s growth slows
Integrating the tech into crypto apps could make it easier to make payments, but winning consumers will still be a challenge
We could see more consolidation in the BNPL industry as weaker firms shut down in the wake of slowing growth
Customers cited a bank’s reputation as their top factor in choosing a new one. That’s a challenge for newer or smaller banks.
First & Peoples Bank thought a shadow banking partnership could expand its digital lending business. But now it’s on the brink of failure.
On today’s podcast episode of The Banking & Payments Show, we do a deep dive into Maria Elm’s EMARKETER report, The Bank in 2030. In the ‘Story by Numbers’ segment, we find out how banks will promote their brands to consumers in the future. We argue nicely in the ‘For Argument’s Sake’ segment about the end of banks as we know it and if it’s true that 90% of consumer-serving banks and credit unions won’t exist by 2030. Listen to the conversation with host, Rob Rubin, and analysts Maria Elm and Tiffani Montez.
The ecommerce giant wants to capitalize on India’s huge digital payments growth, but it has to play major catchup to win UPI share