April 18, 2024
Gen Z Shoppers Bring Social Commerce Into Malls
Social media virality is beginning to shape mall stores, as ultra-connected Gen Z shoppers expect their physical lives to more closely resemble their digital ones. For instance, young social media...
April 18, 2024
CFPB Flags Gaming Data Practices, but Younger Consumers Comfortable Sharing...
The Consumer Financial Protection Bureau (CFPB) recently issued a report listing regulatory concerns around how gaming and virtual reality companies facilitate transactions and collect sensitive data. As “Banking in Video Games...
April 18, 2024
Marqeta and Rain Team to Offer Earned Wage Access Debit...
Marqeta is expanding its earned wage access program with assistance from financial wellness provider Rain. The card-issuing platform announced its collaboration with Rain Thursday (April 18), with Marqeta powering the Rain Card,...
April 18, 2024
Revolut Invests $100 Million in Mexico as Remittances Jump
Revolut has reportedly made a $100 million-plus bet on Mexico’s remittance market. Speaking with Reuters Wednesday (April 17), Revolut Mexico CEO Juan Miguel Guerra said the bulk of that investment...
April 18, 2024
Mastercard Brings Commercial Cards to Digital Wallets
Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced today (April 18) that it is bringing its commercial cards to mobile wallets. The move comes in...
April 18, 2024
GenAI Bridges Small Business Lending Gap
An unavoidable truth in business is that it frequently takes money to make money. And in today’s world, where small and medium-sized businesses (SMBs) often find themselves struggling to secure...
April 17, 2024
Recurly Adds New Dashboards to Subscription Management Platform
Subscription management firm Recurly has added new dashboard reports to its platform. The reports have built-in benchmarks based on trends of more than 60 million subscribers on Recurly. They bring benchmarking data...
April 17, 2024
Mercury Expands Into Consumer Banking With Mercury Personal
Startup-focused banking FinTech Mercury is getting into the consumer banking business. The company has launched Mercury Personal, designed to help builders in the tech sector optimize their money, according to a Wednesday (April...
April 17, 2024
Possible Funding Thaw May Bring New Life to FinTech IPO...
Call it the thaw after the FinTech funding winter. Maybe. And for the FinTech IPO Index, there may be some reason for cheer — perhaps this year. Because if private...
One-Third of Credit Union Members Would Leave for Better Credit Products
Consumers are on the hunt for better access to credit and financing, and they’re not afraid to shop around to find the FI providing the lowest rates and most convenient offerings. PYMNTS’ latest study of more than 4,000 consumers and 154 FinTech and CU execs reveals what CUs can do to win — and keep — consumers’ business. Read more in Credit Union Innovation: How Credit Products’ Rates and Terms Impact FI Selection,” a collaboration with PSCU.