The ICBA alleges Navy Federal’s co-branded military program blurs the lines between banks and credit unions.
This can make it a more attractive network for issuers to partner with, given credit card rewards can make or break customer retention
Despite its impressive growth, the US still falls far behind other major economies in terms of consumer adoption of RTP
For a fee, the bank’s new media solutions team will let retailers target customers based on spending habits.
But Visa’s solution is more limited, putting the payment network a step behind
Merchants may have a harder time fighting this fee due to the security benefits it supports
In a by-now familiar story, these banks must promptly address deficiencies identified in their BaaS partnerships.
Delinquencies are showing signs of plateauing, giving credit card providers a sigh of relief
There will likely be more M&A activity to come this year as the Capital One/Discover deal triggers more dealmaking
We look at the pain points that are vital for BNPL providers to ease going forward to stay competitive
Its latest AI model clones voices from short clips for varied applications. OpenAI is taking a cautious approach and leaning on partners to ensure ethical use.
Its competitively large customer base and decision to potentially go public is raising investors’ eyebrows.
We argue where the merchants have a point—and where the deal gives them a win