Article: Gamified finance app Long Game appeals to the younger demographic that Truist craves. Article: Robinhood overhauls debit card in pursuit of younger users, shifting payment preferences.
Article
| May 10, 2022
For DeFi, globally consistent regulatory frameworks as well as encouragement of self-policing and governance through industry codes and self-regulatory organizations, as in the traditional securities market.
Article
| Apr 18, 2022
Partnering with B2B fintechs allows them to easily work with SMBs and SMEs, offering features through embedded finance capabilities and banking-as-a-service (BaaS) platforms. We predict BaaS revenues in the US to reach nearly $6 billion in 2024.
Article
| Jun 15, 2023
BNPL providers will work to let customers finance purchases anywhere. That could take the shape of partnerships with major acquirers and processors, such as BNPL provider Zip’s deal with Adyen that has the potential to onboard millions of merchants at once.
Report
| Feb 8, 2022
Transitional period for US banking: The rise of Big Tech in finance and digital banking has to some extent eroded incumbent banks’ competitive advantage. Consumers have greater choice about where they store their money and can move it more easily. That’s leading to rapid changes in US banking.
Article
| Apr 19, 2023
UConn Health at the University of Connecticut has also leaned into patient finance technology. The healthcare entity offers an interest-free loan program via consumer financing company ClearBalance.
Report
| May 20, 2022
Finding NFTs’ use in finance: The tech underpinning NFTs could be useful for FIs, as American Banker points out. NFTs let companies record and transfer digital assets on the blockchain so that owners can store data while protecting it from loss or corruption. This system could help banks and FIs more easily deal with the challenges associated with handling and securing sensitive data.
Article
| Sep 19, 2022
Finance and real estate firms can analyze location data for trends. Activity near ports, factories, or stores can provide early clues of the performance of a company. Increased traffic in certain neighborhoods or cities can also be early indicators of demand for real estate. What Trends Will Disrupt My Industry?
Report
| Jan 20, 2022
Chart
| Sep 28, 2023
Source: Accenture
Musk has obtained promises for $46.5 billion to help finance the possible transaction, according to Thursday’s filing. In his filing, he stated that, given the board’s ignoring of his “best and final offer” last week, he is now considering a tender offer to buy some or all of the company's shares directly from its stockholders.
Article
| Apr 21, 2022
Checkout.com will grab a slice of the embedded finance market. The global embedded finance market is expected to reach $183 billion by 2027, growing 182% between 2022 and 2027, per Juniper Research. Checkout.com’s issuing service can help it capture some of that growth. What’s the catch?
Article
| Mar 23, 2023
The news: Ron Wyden, a senior figure in the Democratic party and chair of the Senate Finance Committee, has warned against excessively stringent regulation of the cryptocurrency industry, per the Financial Times. Wyden called for the protection of crypto innovators, comparing the industry to the early days of the internet.
Article
| Mar 8, 2022
If it does go public, the spotlight over its finances and business practices will shine even more harshly. Go further: Read our Chinese Ecommerce in the US report.
Article
| Jun 28, 2023
These investors see Mercado Libre’s growth potential determined by whether it can harness its regional retail success and use it to build its finance arm. Mercado Pago is already one of the most lucrative parts of the company’s wider business and has successfully picked up customers by attempting to democratize finance for the millions of underbanked Latin Americans.
Article
| Jul 14, 2022
Embedded finance could be particularly lucrative, as its new revenue volume is projected to soar by 922%, from $22.5 billion in 20202 to almost $230 billion by 2025, per Lightyear Capital. SoFi’s string of acquisitions could give its neobanking arm a competitive advantage over incumbents:. Its newly assembled, best-of-breed tech stack is unencumbered by harder-to-manage legacy systems.
Article
| Feb 23, 2022
Chart
| Sep 26, 2023
Source: Ipsos; Moloco
For example, companies like Cedar, InstaMed, and VisitPay are centralizing payments into a single digital space and offering end-to-end healthcare finance experiences (from access to pre-visit cost information to post-visit payment options).
Article
| Feb 16, 2022
Amex will use AI to analyze customer sentiments and predict consumer finances. It doesn’t plan to roll out its own large language model (LLM); instead, it will rely on partnerships. Amex hasn’t announced any partners yet, but it worked with Microsoft to develop cloud-based AI technologies.
Article
| May 31, 2023
These are tough times for insurers—while the US economy has steadily added jobs in recent months, industries affected heavily by inflation like insurance, finance, and advertising have moved in the opposite direction. In August, insurance and finance layoffs doubled from 12,000 in July to 23,000.
Article
| Oct 5, 2022
Embedded finance is about meeting the user in the moment with the financial service that will solve a problem for them. It’s not just about easier access. That's a lot more than just the checkout experience.
Article
| Feb 3, 2022
Like businesses, faster payments give consumers a better picture of their finances and help them avoid things like overdraft fees. Related content: Check out “The Rise of Real-Time Payments” report to learn more about FedNow and how it compares with other faster payment systems.
Article
| Feb 1, 2022
The bigger picture: This M&A deal primes R1 to become a top player in the healthcare RCM market—which is undergoing massive transformation, spurred by the pandemic’s effect on hospital finances and a newfound focus on discovering revenue streams from telehealth.
Article
| Jan 11, 2022
Personal finances are a major source of stress for 51% of lower-income households in the US, per a The Associated Press-NORC Center for Public Affairs Research poll. Americans are carrying more debt than ever before. Consumer debt hit a record high of $4.82 trillion in February, per a new report from the Federal Reserve.
Article
| Apr 28, 2023
This is a particular problem for banks, which commonly partner with smaller fintechs, data networks, and developers to participate in open banking, banking as a service (BaaS), and embedded finance. Banks need to monitor and protect against any potential weak points in their full partner network.
Article
| Nov 3, 2022
The news: Spotify stock took a tumble Wednesday after reports that ByteDance, TikTok’s parent company, is in talks with music labels to expand into music streaming, per Yahoo Finance. Why it’s worth watching: We identified music streaming as one of five potential businesses for TikTok in its quest to evolve into a super app.
Article
| Oct 14, 2022