Following “voluminous” feedback from banks, regulators will reconsider their controversial proposal.
Xoom will offer customers fee-free remittances via PayPal USD to attract new stablecoin users
The bank’s offering faced competition from its own card-linked installment plans as well as from BNPL fintechs with expansive ecosystems
Retailers need to take note—not having a customer’s preferred payment method can increase cart abandonment
Customer stories reveal why credit unions and community banks are outpacing their larger counterparts in key growth areas.
As BaaS partnerships undergo a regulatory reckoning, a variety of third-party companies offer vetting, facilitation, and compliance services.
This puts Citi and Barclays in the hot seat—losing out on this volume would be a significant loss for the issuers
The card’s redemption scheme compares well with other popular travel cards, but it lacks features that would make it stand out
Card-linked offers are especially popular among younger consumers, Chime’s core user base
A major internal shakeup, a plummeting stock price, and a class action lawsuit plague New York Community Bancorp as it tries to hang onto customers.
Accenture times the market correctly with generative AI deals: It partners with Cohere and plans to purchase Udacity. It’s positioned to deliver AI solutions for hesitant companies.
Issuers have bristled at the rule and will look at new tactics to compensate for lost revenues
The company wants to reinvigorate growth through its SMB offering as it deals with intense digital wallet competition
Its bank relationships sets Zelle apart from other P2P apps and helps it capture more small-business volume
In this podcast episode, host Rob Rubin, alongside our analysts Lauren Ashcraft and Maria Elm, unveil the findings of EMARKETER’s latest mobile banking app benchmark report. They delve into the frontier of banking technology, spotlighting the breakthrough features that are shaping the industry this year. The discussion pinpoints the five key features that consumers consider indispensable and unpacks the potential game changers that may take center stage in the future of mobile banking. The episode also introduces a new segment titled "Who Ranked Best," where the team provides a detailed ranking of the top 10 banks, with an in-depth analysis of what sets the top five apart. This engaging conversation is packed with vital information for both consumers and industry professionals looking to stay ahead in the dynamic world of mobile banking. Tune in to explore: - The cutting-edge features that are redefining user experience in mobile banking apps - Consumer favorites: The top five features you should look for in your mobile banking app - The future of mobile banking: Innovations that are on the horizon - Exclusive rankings: Find out which banks are leading the mobile banking sector in "Who Ranked Best" - Expert commentary from Rob Rubin, Maria Elm, and Lauren Ashcraft, providing in-depth analysis of the report's results.
Despite hefty fees, fines, and loan-loss provisions, some key revenue drivers really came through for most big Canadian banks.