To keep up the momentum, the BNPL provider launched a Pay-in-2 product so it can expand into new payment categories
Its vertical-specific technology can help it to grow volume in the segment
The two will be among the early adopters of the real-time payment system when it launches in July
Understanding payments innovation in the region could help Visa beat back mounting threats from homegrown players
Neobank Dave is successfully using AI-driven underwriting to bolster revenues in its quest for profitability.
Startup M-Kopa’s $250M raise shows the growth potential for firms that can widen financial inclusion in Sub-Saharan Africa.
AI-focused fintechs offer small FIs less-powerful solutions than their larger counterparts—if they work with them at all.
Standards are the tightest they’ve been since the Bank of Canada began its household lending survey six years ago.
Record-high debt and record-high card interest rates are leading to missed payments
The streamlined payment platform can make cross-border B2B payments easier and cheaper.
Convenience and dining present a large opportunity for Amazon One to grow without stoking competition concerns
Despite a tough few months, Stripe is willing to invest in crypto. Industry rivals may need to take note.
The Amazon of Latin America has a $3.6 billion plan: Mercado Libre will invest 19 billion reais in Brazil, in part to fund its fintech arm—which poses an enormous threat to the region’s banks.
Much is expected from whom much is given: A proposed FDIC special assessment fee on big US banks aims to replenish the deposit insurance fund. Banks with less than $5B in uninsured deposits will be spared.
Will regulators smile once again on banking M&A? A string of regional bank failures and rescues through government-orchestrated sales could signal an uptick in deals.
Property and casualty (P&C) insurers’ bottom lines are being hit by rising claims costs, belt-tightening consumers, and emerging risks that further complicate underwriting. They need to mine new pockets of growth while reversing negative trends in their core lines of home and auto.
On today’s episode, we look at the various angles of generative AI in banking. In our "Headlines" segment, we discuss regulators' urgency to install oversight over the rapidly advancing technology. In "Story by Numbers," we examine the percentage of executives that are not aware of how fast generative AI is coming, as well as discuss an old number that has been around the finance world for a while about human customer service agents versus bots. And in "For Argument's Sake," we take sides in the debate over whether generative AI will raise the bar or level the playing field for small and regional banks. Tune in to the discussion with host Rob Rubin, our analyst Eleni Digalaki, and vice president of content strategy Dan Van Dyke.