Financial Services

The company is unable to keep up its pandemic-era growth as POS verticalization ramps up competition

Mounting KYC complaints may damage Block’s reputation—to say nothing of potential legal and financial troubles

If approved by regulators—and that’s a big “if”—this merger could change what large lenders consider possible

But to keep it up to date and effective, financial institutions must follow some best practices.

On this podcast episode, we explore the deployment of AI in payments in 2024. First, we discuss the most impactful use cases for AI in payments, such as fraud detection and prevention, false declines and purchase conversion, B2B payments, enhanced customer service, and digital wallets. In our "For Argument’s Sake" segment, we rank these use cases in order of impact and debate our decisions. Join the conversation with host Rob Rubin, our analyst David Morris, and Angela Murphy, PhD, client partner at Persistent Systems.

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

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