Open banking lets UK customers move money to their new current account on the same day they open it.
Industry trade groups say the agency can’t regulate customer service practices. Doing so might hurt competition.
This is Google Wallet’s first foray into Africa as payment providers capitalize on the region’s flourishing payments market.
On today's episode, we discuss who is most likely to win the short-video race, the significance of Lyft's new media division, the potential of Apple's ad business, whether buy now, pay later is too good to be true, Chewy's new insurance and wellness service CarePlus, an unpopular opinion about retail media, who's buying all the electric vehicles, and more. Tune in to the discussion with our analysts Ross Benes, Blake Droesch, and Max Willens.
Wall Street banks are expected to face more than $1B in fines over traders’ use of private messaging apps.
Square sellers in the UK can now offer Clearpay online and in-store—building on the Afterpay rollout in the US and Australia.
Mercado Coin can be used for Mercado Libre purchases. Combining its ecommerce platform and financial products takes the company a step closer to super app status.
The FCA warned BNPL firms over “misleading adverts” and threatened breachers with criminal action.
On today's episode, we discuss what recent funding and valuation drops mean for fintechs, which categories are getting hit the hardest, and what fintechs should do now. "In Other News," we talk about the significance of the recent Coinbase-BlackRock partnership and how the Consumer Financial Protection Bureau plans to level the playing field between banks and nonbanks. Tune in to the discussion with our analysts Eleni Digalaki and Tiffani Montez.
The case raises the question of how firms could ignore the pervasiveness of diversity and inclusion. And it also exacerbates bankings’ communication tool problem.
Hot inflation and a tougher climate for startups is giving BNPL firms a new opportunity with new risks.
Six years after Goldman launched its digital bank Marcus, we review how it’s faring and what its future could look like.
AtoB, Super Payments, and Pomelo each recently raised funding to build out their businesses.
Though they don’t explicitly name crypto firms, they provide an avenue—but no guarantee—for access.