Financial Services

Now clients can invest in crypto through traditional financial institutions—and neither will have to directly hold digital currency.

The P2P payments space is deeply entrenched by competitors that have large networks of loyal users

GenAI could generate between $200 billion and $340 billion (9% to 15% of banks’ operating profits) in value annually through greater productivity, per a 2023 McKinsey & Company report. But its potentially disruptive force won’t take hold in 2024.

Revolving credit spiked in November. Paired with high interest rates and an increase in BNPL debts, consumers may be off to a rocky 2024

The deal would help M&A activity start strong in 2024 after falling to a six-year low in 2023

Stakeholders submitted 11,000 comments during the CFPB’s open banking feedback period—revealing competing interests.

On the first podcast episode of the new year, we discuss what buy now, pay later's (BNPL’s) prospects will look like in 2024. • In our “Story by Numbers” segment, we focus on the outlook for BNPL by looking at growth by generation. • In “Headlines,” we examine data from Adobe Analytics that states BNPL purchases were up 43% on Cyber Monday compared with the previous year, and how the rise of BNPL use over the holidays has increased consumers' debt burden. • In “For Argument’s Sake,” we debate whether BNPL promotes good or bad behavior. Listen to the podcast with host Rob Rubin and our analysts Grace Broadbent and David Morris.

The crypto-wary regulator is expected to pave the way for easier investment in Bitcoin over the next week.

The rollout will encourage consumers to make these expenses, which are valuable and steady revenue flows, through Pix

New rules increased fraud prevention and established UPI ATMs, which will help boost UPI’s utility and use

India’s CBDC setbacks suggest the digital euro will have to overcome many hurdles

Leading financial institutions have discovered new ways to harness the power of AI to supercharge their operations and customer service.