Despite a tough few months, Stripe is willing to invest in crypto. Industry rivals may need to take note.
The Amazon of Latin America has a $3.6 billion plan: Mercado Libre will invest 19 billion reais in Brazil, in part to fund its fintech arm—which poses an enormous threat to the region’s banks.
Property and casualty (P&C) insurers’ bottom lines are being hit by rising claims costs, belt-tightening consumers, and emerging risks that further complicate underwriting. They need to mine new pockets of growth while reversing negative trends in their core lines of home and auto.
On today’s episode, we look at the various angles of generative AI in banking. In our "Headlines" segment, we discuss regulators' urgency to install oversight over the rapidly advancing technology. In "Story by Numbers," we examine the percentage of executives that are not aware of how fast generative AI is coming, as well as discuss an old number that has been around the finance world for a while about human customer service agents versus bots. And in "For Argument's Sake," we take sides in the debate over whether generative AI will raise the bar or level the playing field for small and regional banks. Tune in to the discussion with host Rob Rubin, our analyst Eleni Digalaki, and vice president of content strategy Dan Van Dyke.
Regional banks clamoring for customers and deposits must update their digital marketing strategies.
The EU is ramping up its efforts in an antitrust probe into Apple Pay. But the Big Tech firm’s loyal customers should shield it from potential fallout.
Here are some things banks should consider when partnering with a fintech.
The BNPL provider embarked on a full restructure to regain growth and achieve profitability
Concerns over funding costs, liquidity, and deposit outflows could lead to a credit crunch, according to recent Federal Reserve reports.
It benefited from increased volume in its key growth categories, like BNPL and Braintree
The partnership is part of the BNPL provider’s operational overhaul and pivot to a fully white-label strategy
Unrealized losses in banks’ bond portfolios and fears of more banking turmoil give shadow banks a chance to make a risky buck.
Regional bank stocks are tanking even though their fundamentals are sound. Short selling might be a reason.
Every customer’s reaction, share, or comment influences the reach of a bank’s message—and could threaten the bank itself. Banks should use social media to actively engage online communities, not just to display ads.
Surging Cash App user growth helped drive a buoyant Q1 for Block despite recent short seller allegations.
There are pros and cons for this large competitive field, and no definitive answer on whether it causes financial instability.
Stripe can benefit from Uber’s global reach, while Uber can cut checkout friction for customers.
Speculation about which regional bank might fail next is rising as the Fed and Treasury balance policy moves.
It launched crypto transfers between Venmo users and through external wallets and exchanges.
From three options, it promoted targeted coverage for certain business accounts.