The deal fits into Barclay’s strategy of diversifying its co-brand portfolio to grow its US credit card business
Growing this partnership should help Marqeta diversify its client base and rely less on Block
Traditional financial institutions are losing new business to digital competitors. But banks can still compete.
Unaffordable rates have caused a spike in home sales and plans to leave the state.
The company is going all in on AI and diving further into crypto with a rollout of stablecoin payments
It faces a mountain of opposition to overcome—all while dealing with rising net charge-offs and other consumer financial health concerns
Demand for this feature may be limited due to cash-flow concerns and overall crypto risks
The payments giant wants to convert more cash and check payments, ACH and electronic transactions, and global card transactions
The latest move in the neverending swipe fee fight focuses on foreign interference in the US market
It’s faced a rocky start to 2024, but the issuer expects bad debt will turn around in the second half of the year
Payment processing provider Tabapay will acquire Synapse after the fintech failed to retain key partners.
This could be a large setback for Affirm and may be a sign the retail giant wants to bring its other financial products in-house
The tie-ups highlight viable paths for growing open banking-powered payments in the US, including B2B and P2P payments
The BNPL’s push into AI to replace labor costs may have contributed to the fire sale