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Dramatic shifts are in the works for 2024, as BaaS, social media players, genAI, and new digital wallets reshape the banking landscape. Our top trends explore what’s in store.

Growth in digital account openings for credit cards is slowing, thanks to tightening standards and changing generational behaviors. But issuers are utilizing new tools to keep it afloat.

The debit card gave Affirm a boost in active users and strong numbers, but to continue this pace of growth, Affirm may need to get creative

This year will be a litmus test for trying new things. Payments incumbents that embrace change on their own terms will emerge stronger than before.

Sezzle and Klarna made progress toward long-term profitability in 2023—we look at how they’re using subscriptions to help make that happen

Proximity mobile payments are finally reaching a critical mass of users, fueling spending growth. While it will slow in the coming years, providers are capitalizing on growth by building multifunctional ecosystems that expand their captive audience and tighten relationships.

It also includes features to minimize checkout friction as Google Pay tries to streamline the experience

The company is trying to cut costs as it focuses on profitability ahead of going public

An aversion to risk and debt has narrowed down their choice of banking products and led them to adopt unconventional money-management tactics.

The cohort experiences life through social media and mobile devices. Banks must adapt to win their dollars.

After a challenging Q1, PayPal looks to be shifting its strategy to focus on high-growth areas. Business areas like Xoom might not fit.

This year, the payments industry will face its first major test following pandemic-driven digitization as economic uncertainty pressures customer habits. This is the data you need to understand the major changes facing the payments ecosystem in 2023—and how to navigate them.

Nordstrom, Fiserv, and Insider Intelligence discussed the shift and how payment providers and retailers should think about it

A flurry of product and services launches will help Visa stay competitive and diversify away from swipe fee revenues

These self-aware young customers know that their mental health drives their financial behavior. They need help making better saving and spending decisions.

Surging Cash App user growth helped drive a buoyant Q1 for Block despite recent short seller allegations.

Its TPV grew 9% YoY, down from 23% a year ago. PayPal hopes to reinvigorate growth with cost restructuring and innovation efforts.

On today’s podcast episode, we discuss which hotel guest behaviors do people think are most acceptable and unacceptable, the first ad on every media type, how American households look today compared to the 1960s, and more. Tune in to the discussion with Senior Director of Podcasts and host Marcus Johnson, Senior Analyst Blake Droesch, and Vice Presidents of Content Suzy Davidkhanian and Paul Verna.

The 2024 holiday season is forecasted to top $1.353 trillion, according to Ä¢¹½AV. To thrive in this high-stakes period, businesses must embrace opportunities like AI-driven personalization, seamless payment options, and the longer gift-buying season.

The IMF published a blog calling out the risks these unregulated NBFIs pose, and called on regulators to buckle down to contain them.

The feature lets customers view their 2022 spending patterns and suggests ways to improve financial habits in the new year.

Recently, both Walmart and Target have warned that consumers’ cautious spending habits may lead to a sluggish holiday season this year. Were they right to be worried? Here’s how the holiday shopping season is going so far.

Both firms reported slight profit improvements in Q4 following a shift away from a growth-at-all-costs mentality—which is likely to continue into 2023.

The US is now Klarna’s largest revenue market thanks in part to its app solutions, the Klarna Card, and merchant-facing marketing tools.