Amid rising fintech and neobank competition, traditional financial institutions are investing in their rivals.
The service may incentivize more shoppers to pay with the BNPL provider, and it may also bring Klarna key data benefits
The solution serves both businesses and consumers, although A2A payments at the POS haven’t taken off yet
It’s capitalized on B2B payments digitization and demand for faster payments from both consumers and businesses
They’re trying to woo women and Gen Z consumers away from competitors.
These new capabilities can help Visa keep more B2B volume on its cards instead of alternatives like ACH payments
The feature would open up the prepaid debit card to a new volume opportunity and help the wallet compete against Google Wallet
Analysts warn of a customer “exodus” as regulations change how customers interact with the app
Hackers, targeting fewer but richer victims, doubled profits in 2023. This surge pressures companies into costly payoffs. Businesses must prioritize cybersecurity to curb this trend.
The debit card gave Affirm a boost in active users and strong numbers, but to continue this pace of growth, Affirm may need to get creative
The company got a boost from getting users to adopt its payments software, helping gross payment volume increase 69% YoY
Digital wallets are fast becoming consumers’ preferred way to pay, both in and out of the store.
To out-influence Gen Zers’ favorite financial social media creators, banks should mimic certain finfluencer strategies.