Revolving Credit’s 10.4% Growth and Consumer Resilience
Call it the trillion-dollar question, focused on the U.S. consumer: How much longer can spending keep outpacing the…
72% of Consumers Pay for Instant Income Access
Instant payments are increasingly being judged less by how fast money moves and more by what faster access…
UK’s FCA Freezes Euro Exchange Securities Over Crime Fears
The United Kingdom’s Financial Conduct Authority said in a Friday (June 5) press release that it blocked international…
Revolut Increases Focus on UK Credit Card Market
Revolut plans to launch five credit cards in the United Kingdom, Bloomberg News reported Thursday (June 4). “Credit…
UK Moves to Crack Down on Late Commercial Payments
The United Kingdom’s newest payments legislation has little to do with checkout buttons, digital wallets or card networks.…
SoFi Launches AI Coach to Personalize Financial Planning
SoFi Plus members can now get personalized help and financial insights through an artificial intelligence-powered, chat-based platform within…
Cash App Rolls Out Stablecoin Payments
“Stablecoin send and receive is now available for all eligible customers on Cash App,” the Block-owned company said…
Moment Raises $78 Million to Meld AI and Wealth Management
Investment management-focused AI startup Moment has raised $78 million in new funding. The company’s Series C round, announced Tuesday (May 19), comes…
UK Treasury Plans to Ease Risk Rules for Banks
The British government shared plans to loosen so-called “ringfencing” rules for the country’s banks, the Financial Times reported…
More than 4 in 10 Digital Bank Users Prefer Wallets Over Car…
Digital bank customers are not just experimenting with new payment methods. They are increasingly reshaping what mainstream payments…
Real-Time Payments Find Their Real Use Case in Cash Flow
Real-time payments are moving from novelty to necessity, yet their future will depend less on speed and more…
ChatGPT Looks to Deliver Personal Finance Insights
Pro users of ChatGPT can now connect their financial accounts, see a dashboard of their finances, ask the chatbot questions and…