Bumper profits, struggling investment banks, and swelling customer deposits were all themes in banks’ Q1 earnings.
GreenSky may be an attractive acquisition as consumers rely more on BNPL for essential purchases
Travel and food propped up spending in Q1, but consumers are pulling back amid record-high credit card debt and inflation.
Cost-of-living pressures and stiffening competition are forcing savers to look harder for better rates. Here’s how banks can gain an edge.
It partnered with Goldman Sachs to offer 4.15% APY. With consumers switching accounts faster than ever, Big Tech could be a real threat to the financial sector.
Elon’s X dreams will suffer from Twitter’s trust problem: Piecemeal partnerships, like its latest with eToro, won’t drive the earth-shattering change the social media platform needs.
On today's episode, we break down everything there is to know about banking and the Gen Z demographic. In our “Headlines” segment, we discuss the article our analyst Tyler Brown published a few weeks ago about Greenlight, a neobank for kids, teens, and families. In “Story by Numbers,” the conversation revolves around why Gen Z is different from other generations and how banks need to cater to their mobile preferences. And in “For Argument’s Sake,” host Rob Rubin takes the position that in 10 years, there will be fewer than 500 consumer banks. Tune in to the conversation between Rubin and analysts Tyler Brown and Tiffani Montez.
The CFPB head suggested automatic triggers when banks’ actions become too risky, along with other mitigation tools. Not everyone’s likely to agree.
The Meta-owned company's determination to overcome regulatory hurdles could signal bigger international ambitions
The Financial Stability Board listed 16 recommendations to create a standardized cyber incident reporting process that would help mitigate the global effects of an attack.
Adding RTP-powered Instant Payouts to its Transfer product helps position Plaid for FedNow’s July launch.
Visa+ will connect Venmo and PayPal before expanding to other wallets. Here's what it means for P2P apps.
Rivals are likely to spring up for Bloomberg’s recently unveiled generative AI platform. But they won’t have access to its Terminals' data.
Even with a booming start, the first quarter of the year quickly became unstable after multiple banks collapsed. Here’s what we think banks’ results will show.
If the deal is terminated, one of the largest retail portfolios could turn into an industry-leading digital innovation opportunity.
The IMF published a blog calling out the risks these unregulated NBFIs pose, and called on regulators to buckle down to contain them.
Many of the pandemic-era rewards used to entice credit card spending could prove costly for issuers this year.
Its falling valuation and tapering growth show that payment firms must work harder to build volume and attract customers.