The tool will help brands offer an enhanced customer experience online and may lead to higher conversion rates
The platform launched in New Zealand as it tries to reach 10 million users across Asia by the end of 2025
Flipkart partners with Axis Bank to offer personal loans: An embedded finance strategy will help it stave off competition from Amazon and other emerging rivals in India’s booming ecommerce market.
Why big banks are losing market share with younger generations: A report finds fintechs and neobanks have captured 47% of all new checking accounts opened in 2023, and that Gen Zers increasingly see them as their primary accounts.
Though it generally makes managing finances easier, some customers need to maintain full control over their accounts.
In the US and abroad, more banks are scaling back on sustainability—much to the detriment of their future.
Instead of crumbling under a US student loan repayment pause, SoFi shifted its gears to banking. Now it’s about to become profitable.
Major US banks again passed the Fed’s annual stress tests with flying colors. But that doesn’t mean much in the face of bank failures and capital requirement hikes.
Banks that view spending on digital capabilities as an opportunity rather than a cost can drive profitability through customer satisfaction.
Women are noticeably missing from boards at UK startups. But creating more opportunities for women investors could change that.
Adding Tap to Pay functionality will help PayPal attract more SMBs and better compete against other providers that are doing the same
The acquisition will help the card giant grow its presence in South America
The “gift card” keychains replace single-use cards and can encourage repeat use among recipients
US banks and credit unions are prioritizing deposit growth into 2024. They’re also looking for revenue generation as their bottom lines are squeezed.
Credit unions argue they can handle climate-related financial risks on their own. If regulators want to help, they should look to insurers.
Coupled with other loan and banking updates, the card can help Square tighten SMB relationships
WeChat Pay and Alipay users can now link foreign credit cards to their platforms
The company launched an AI-powered optimization engine to help merchants maximize efficiencies and savings in the payments flow
On today's episode, we discuss the implications of the Federal Trade Commission thinking Amazon tricked customers into signing up for automatically renewing Prime subscriptions, whether it makes sense for companies to force livestream shopping on Americans, if speciality stores really work, the impact of Facebook and Instagram restricting news access in Canada, whether reduced inflation can save the day, what a real work-life balance looks like, and more. Tune in to the discussion with our vice president of content Suzy Davidkhanian, vice president of Briefings Stephanie Taglianetti, and analyst Evelyn Mitchell-Wolf.
Financially vulnerable and minority households are among those feeling the most pressure. Banks need to explore new overdraft policies.