Financial Services

On today's episode, we discuss Apple’s dominance in the digital wallet arena. In our “Headlines” segment, we look at the ramifications of The Kroger Co.’s about-face on Apple Pay and how the EU is scrutinizing Apple Pay in its antitrust investigation. In “Story by Numbers,” we examine how Gen Z’s use of iPhones will keep Apple competitive in the digital wallet space and the success of Apple’s new savings account. And in our new segment, “What If,” host Rob Rubin presents a few hypotheticals and discusses what things would look like if they were true. Tune in to the discussion with our analyst David Morris.

Unrelated banks with names resembling those of recently failed banks had to jump into action to calm customers.

The app’s expanding product suite could appeal to this group. But they won’t be an easy sell, and Block risks becoming over-reliant on Cash App.

Intensifying competition in the cyber insurance space will lead to more price competition as smaller firms seek to bolster protection.

Insurers can use data to learn more about their clients and their business and to deliver personalized sales pitches.

An agile workflow typically used in the tech industry helped MetLife effectively market pet insurance.

The BNPL provider added a credit opt-out feature to help prevent consumers from going further into debt

The European payments fintech hopes to appeal to businesses increasingly looking for unified commerce tools

Modern card issuers are turbocharging the issuer processor space by offering API-based, customizable card solutions for non-financial services companies. Mobile payment services, ecommerce marketplaces, and the gig economy are in their sights—along with $17.12 billion in issuer processing revenues.

We round up the bank’s investor day and find that it’s benefited from the regional banking crisis.

Adoption of digital wallets is approaching critical mass, but they won’t replace physical wallets anytime soon. However, a super app may be on the horizon, especially if companies can crack the ability to integrate payments with shopping services.

The LGBTQ+ bank’s demise highlights the risks of challengers stunting their growth by targeting a too-narrow demographic.

Hackers are storing stolen encrypted data for future use. Here’s how FIs can make it harder for them.