Its narrow focus on credit card debt management may have prevented it from pivoting after funding ran out.
This rollout puts Google in a strong position as the digital wallet competitive landscape shakes up
This tie-up helps the BNPL fintech keep up with major competitors Klarna, Affirm, and Afterpay, which are all already integrated with the payments platform
But usage of the payment option remained quite limited compared with the share of buyers who use BNPL at any point during the year
It’s unclear whether customers understand what’s required for that level of personalization. Banks must bring customers up to speed about how they’ll do it.
This decision will transform the digital wallet competitive landscape, giving players like Google Pay and PayPal the opportunity to catch up to Apple Pay’s in-store presence
The tie-up introduces the BNPL player to a new purchase category, helping it diversify payments volume as key partnerships face risk
The move is part of the BNPL fintech’s efforts to become a super app, and the accounts’ tie-in to Klarna’s newly launched rewards should help spur adoption
On today's podcast episode, we discuss if ‘Just Walk Out’ technology will ever catch on at scale, how different generations respond to self-checkout, and what the next iteration of in-store payments will look like. Listen to the conversation with our analyst Sara Lebow as she hosts analysts Sky Canaves and David Morris.
This strategy could help them dominate their larger competitors in this new channel.
Both cards are set up for success despite the lackluster rewards they offer compared with the US versions
The fintech will no longer be held to a transaction cap, which will let it capture higher value remittances and expand into business payments in the country
The $15 million can help repair customer relationships, but Block still faces other legal troubles ahead
In a case study, we explore why Community Federal Credit Union’s local partnerships strategy has been so successful.
Businesses using genAI see significant ROI, yet 47% of employees report they lack the skills to use AI effectively, highlighting a critical training shortfall.