Western Union will use Marqeta’s issuing capabilities to offer customers cards through its new digital banking platform.
They’re looking for work-life flexibility and better pay. But economic skittishness, dried up funding, and crypto instability point to a rocky future.
Steve Squeri said Amex’s card business has been unshaken by widespread market concerns.
Few startup fintechs from a decade ago were able to withstand the force of incumbent financial institutions. Neobanks that can’t get their act together soon may face the same fate.
Stripe launched its in-store POS system in Singapore as the wider region sees growing digital payment use and demand for unified commerce.