Financial Services

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

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