After reviewing the books, Binance is walking away from its nonbinding agreement to buy crypto exchange FTX.
The company’s gross merchandise volume surged 62% YoY thanks to a boost in active customers and merchants.
Denied credit due to low credit scores, many UK consumers are turning to more expensive options to weather the cost of living crisis.
A new tax rule, which requires digital payment apps to report business payments over $600 to the IRS, doesn't apply to Zelle.
Our Mobile Banking Emerging Features Benchmark report covers in-demand features that will win points from consumers.
It launched Ant Bank PayLater, which will let AlipayHK users spread purchases across three-month installment plans.
The app will give banks a holistic view of their customers through data aggregation to offer personalized customer experiences.
On today’s episode, we discuss the Fed raising interest rates and how that is impacting fintech lenders. In our “Headlines” segment, we discuss recent developments in fintech and buy now, pay later (BNPL). In “Story by Numbers,” we select two numbers that tell a story about the challenges neobank lenders are facing and two numbers about their untapped opportunities. And in “Pretend CEO,” host Rob Rubin challenges Ahon Sarkar, general manager of Helix by Q2, to pretend he’s the newly hired CEO of a monoline BNPL company. Tune in to the discussion with Rob Rubin and Ahon Sarkar.
We delve through PayPal’s Q3 earnings report to give you the main takeaways.
British firms are capitalizing on consumers and small businesses seeking out more flexible and interest-free payments.
The cloud-based platform will offer personalization, modernization, and speed—but it will face big competition.
The government may require BNPL providers to carry out affordability checks before approving customers, among other measures.
Here’s what banks can do to protect against the growing threat of cyberattacks.
We explore what the lender’s restructure and raise tells us about investment banking and the real cost of fines.
MoneyGram app users can now buy, sell, or hold cryptos. Here’s how that can help drive engagement and boost its digital remittance business.
UK consumers and businesses are using planning tools to manage costs, but not all know how opening banking can help.
The feature lets users pay with crypto via their Revolut card. Here’s why it may struggle with adoption.
Rising interest rates boosted revenues, but bad loan provisions knocked profits.
Balances returned to pre-pandemic levels in September. Card issuers should keep an eye on spending as economic storm clouds form.
US citizens were motivated to open bank accounts to quickly receive stimulus checks and unemployment benefits.