Banks that abruptly close customer accounts without clear explanations lose business and trust in their brands.
The partnership can help PayPal grow its processing volume as it leans on the platform for growth
Innovations to increase the UPI’s utility have fueled growth, but credit card integrations could take away credit card market share for Visa and Mastercard in the country
The BNPL’s strong Q3 performance, thanks to user growth and lower credit losses, puts the company in a good spot as it preps for a potential IPO early next year
Retirement account balances are up from 2018, though many still fall behind on their goals and could use help from their banks.
But the company also has plans to cut costs, which will include layoffs
Despite open banking’s growth, merchants will face an uphill battle getting consumers to adopt the new payment method
The rollout in partnership with Neon Money Club can help Amex achieve its goal of growing its younger consumer base
Barclays introduces Demo Directory, a free platform that connects fintechs to potential funders.
The company’s earnings call—the first under new CEO Alex Chriss—also highlighted progress on new features
Bringing Affirm to Amazon Business can help sole proprietors access needed credit and bring in more volume for Amazon
Consumers are spending more on experiences like concerts and other live events, which may boost demand for these new benefits
S banking regulators have introduced several climate-related frameworks, signaling a shifting perspective on banks' role in addressing the climate crisis.
Visa is competing for untapped market share in the country. BNPL growth has been slower in Canada than in other Western markets