It’s trying to catch up to Apple Pay, which added support for Venmo cards in October
On today's podcast episode, our contestants compete in The Great Behind the Numbers Take Off, 2024 health trends edition, where they will try and cook up the most interesting predictions for the coming year. They'll discuss why healthcare is going to be a hyper-partisan issue in the 2024 US election campaigns; how that will affect how people think about and deal with their own healthcare going forward; and why the coming year will create unprecedented challenges for patients when it comes to affording care and treatment, leading them to explore other options for accessing and paying for care. Tune in to the discussion with our analysts Rajiv Leventhal and Lisa Phillips.
Profits dropped when big banks got the bill for last year’s banking crisis—along with some other expenses.
And 2024 could prove to be just as difficult for consumers trying to pay back their debts
It’s successfully built out services to engage users, but it faces growing competition from other remittance players
And they’re willing to change where they shop and what they buy based on product-specific discounts and rewards
Nu Mexico users can request remittances through WhatsApp, which could prove popular given the messaging platform’s large user base
Amazon has been pushing the tech for use cases beyond traditional retail stores to stir up adoption
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
The BNPL fintech is on a growth tear as it racks up new partnerships