They want the agency to clarify its proposal to reflect differences between credit cards and BNPL. They’re not wrong
While the Pix capabilities can bring in users, the app likely won’t convert users into long-term CBDC adopters
While some consumers’ finances are improving, other consumers are falling deeper into debt
It will likely mirror the rules forming in the US, regulating BNPL providers as credit card companies
After a years-long wait, the largest fintech by valuation secured its banking license, fueling its plans for further expansion.
They helped boost growth as card volume moderated. Revenues missed expectations, but we think Visa is primed for growth
The fee bump likely won’t scare many cardholders away as many view the cards as status symbols and are willing to pay upfront to get value in the end
Looking through the noise, we think Capital One is still set up for long-term growth
The incident confirmed that the OCC’s concerns about banks’ ability to navigate major operational challenges are valid.
Transferring some Walmart cardholders to Quicksilver will help it capture more consumer spend and retain customers as the Walmart tie-up ends
The launch helps the NPCI expand the UPI’s use cases and can boost the payment method’s fast-growing volume
That may damage its customer relationships and prove costly when the UK’s new fraud rules go into effect
“Over the last 12 months, we’ve seen a flurry of [media advertising] activity from outside the retail sector,” our analyst Sarah Marzano said on an episode of the “Behind the Numbers: Reimagining Retail” podcast. Although retail kicked off the commerce media trends, financial services, travel companies, and intermediaries such as Instacart and Uber Eats are monetizing their customer data and setting up ad networks. The rise of commerce media networks is changing the way advertisers approach targeting and how consumers interact with brands. Here are four predictions on these emerging trends.
Retail media networks are facing a little more competition these days as banks, payments providers, airlines, and hotels are starting their own media networks to monetize their first-party data and build out new revenue streams.
Aging customer base may pose a threat to smaller financial institutions.