But the company also has plans to cut costs, which will include layoffs
Despite open banking’s growth, merchants will face an uphill battle getting consumers to adopt the new payment method
The rollout in partnership with Neon Money Club can help Amex achieve its goal of growing its younger consumer base
Barclays introduces Demo Directory, a free platform that connects fintechs to potential funders.
The company’s earnings call—the first under new CEO Alex Chriss—also highlighted progress on new features
Bringing Affirm to Amazon Business can help sole proprietors access needed credit and bring in more volume for Amazon
Consumers are spending more on experiences like concerts and other live events, which may boost demand for these new benefits
S banking regulators have introduced several climate-related frameworks, signaling a shifting perspective on banks' role in addressing the climate crisis.
Visa is competing for untapped market share in the country. BNPL growth has been slower in Canada than in other Western markets
This tie-up is part of a larger move from Stripe to add more payment options and customized checkout experiences for its merchants
Elon Musk’s lofty payment super app dreams will be difficult to achieve by the end of next year given its struggles, which have eroded customer trust
On today’s podcast episode, we bring you the major themes that we witnessed directly from the Money20/20 conference in Las Vegas, Nevada. Recorded from the conference floor, we discuss the data and tech required to offer customers payments choices, expectations in embedded finance, and consumers’ privacy and trust. Tune in to the discussion with host Rob Rubin, our principal analyst Tiffani Montez, and Sean Welsh, senior vice president and managing director of financial institutions at Affinity Solutions.
A new rule addressing lending discrimination in online banking marks the most significant revision to the Community Reinvestment Act (CRA) in nearly three decades.