Just 39.6% of US Gen Z mobile banking users feel comfortable saving for the long term given their financial situation, per our September 2023 survey.
Over the past year, the behavior of customers, regulators, and banks has changed as they adjust to new risks in an evolving landscape.
It helps consumers save money and gives merchants a channel for in-app marketing—all while improving issuers’ mobile banking experience.
Reuters joins the list of publications with AI licensing deals: CEO Steve Hasker said the company has $8 billion set aside for AI spending and multiple content licensing deals.
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