We forecast that the US point-of-sale (POS) terminal installed base will grow from 17.3 million this year to 20.2 million in 2026.

Ongoing ecommerce growth is pushing payment providers to make efficient and inexpensive digital payment solutions their top priority.

Fears of a global banking crisis aren't going away as Credit Suisse shares nosedived amid investors' shaky confidence in its financial position.

It will use Mastercard Send so customers in Australia and Hong Kong can send payments to more than 1.5 billion Mastercard cards.

Although debit still reigns supreme, with consumer preferences moving toward digital, cash and checks will continue to be displaced in the US.

The tech sector that propelled Silicon Valley Bank's growth suddenly lost confidence in its viability. Are other tech-focused banks also in danger?

MoneyGram is working with homegrown wallet Lynk so customers can receive remittances, which will aid its digital push.

Banks are under pressure to slash costs amid weak dealmaking. Citi is cutting jobs but also spending big in a strategy shift.

BMO and Bill launch BMO Bill Connect, which helps SMBs automate bill pay, digitize invoicing, and monitor cash flow.

Banks recognize the benefits and risks of AI. Planning for regulation, investing now, and educating staff are all key to embracing the tech.

Brazil's central bank launched a pilot of the digital real, with hopes of giving the public access by the end of 2024.

But it also isn't ready to give up on the main street consumer. Moving forward, the unit faces many hurdles to overcome its losses.

The payments fintech introduced Wise Business cards, which let businesses make cross-border payments at the mid-market exchange rate.

Roughly 80% of non-Black credit unions in the US offer online banking services. That number falls to just about half among Black credit unions

The atypical credit card automatically applies rewards to customers' balances—a feature that can be appealing to money-conscious consumers.

Life Sync lets customers adjust their financial goals on the mobile app to get more accurate advice quickly.

Block wants to develop more adjacent services for the Cash App ecosystem, which could help it maintain its Q4 growth trajectory.

UK banks faced unique challenges during Q4 2022. This year, the effects from persistent inflation and the failed mini-budget still lurk.

Stripe launches Tap to Pay on Android a year after it signed on to deploy Apple's Tap to Pay on iPhone.

The nuances within these cyber insurance policies are complex and expensive. We look at how to make sure they're a good fit before investing in them.

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

Young people are becoming delinquent on auto loans and credit card payments at a faster rate than older generations.

The total value of contactless payments made with UK Barclays cards surged nearly 50% YoY thanks to regulatory changes and broader acceptance.

Issuers should keep an eye on rising delinquencies and charge-offs to understand how consumers are faring financially.

Highlighting benefits to regional and community banks can help shore up relationships as fraud concerns mount.

An overview of the competitive landscape for financial institutions seeking to get these consumers while they're young.

Goldman Sachs wanted to introduce credit cards for its retail customers but gave up on the idea after shifting its strategy.

Alpha Kappa Alpha founded For Members Only Federal Credit Union to empower Black women to build generational wealth.

The UK government released draft legislation to provide more safeguards for UK consumers, many of whom are under financial strain.

US regulators are allegedly discouraging banks from working with crypto firms. That could leave them with no option but to fold.

PayPal's total payment volume grew 9% YoY. In 2023, it hopes to reinvigorate growth with cost restructuring and innovation efforts.

The Federal Reserve and other US regulators promised to increase crackdowns on discriminatory behavior.

Latin America's revenues and transaction volume increased 13% YoY and 8% YoY, respectively, despite the firm's total 6% YoY revenue decline.

Financial institutions are using gamification to attract new customers and teach financial literacy. But they need to know about its side effects.

Zilch partners with StepChange will help support struggling customers, but it raises questions around the harm BNPL can cause.

Despite delays, Apple can benefit from its extensive user base and merchant acceptance to build BNPL success.

A lack of actionable insights may be the problem. Banks should rethink how tools are developed and offered.

Sightline Payments will work with Visa to power its Play+ cards, which can help digitize the cash-heavy casino and gaming sector.

Focusing on culture, values, and relationships will help bring in new employees. And tech investment won't just benefit customers.

Ingenico and Splitit are focused on cutting customer friction to grow their in-store BNPL presence.

Just as the tech blows up in banking, UK startup Evident has created a non-biased index that scores banks on AI development and implementation.

The CFPB wants to lower the amount credit card issuers can charge in late fees—which would hurt a key source of issuers' revenues.

Embedded finance fintechs and those with disruptive potential are still attracting investment despite the funding decline.

Twitter started applying for state licenses in the US so it can advance its payments ambitions, per the Financial Times.

The CFPB's period for public comment on its upcoming push to mandate open banking among banks and credit card companies ended on January 25.

Despite slower spending growth, both American Express and Discover managed to pull in more customers—positioning them well in the long term.

Consumers want a quick application process and immediate access to their new account. But an experiment found that banks can take up to two weeks.