Money Pours Into Crypto, but for How Long?
Investors poured a record $2.7 billion into crypto assets last week, bringing the year’s total inflows to more than $10...
How Young Consumers Are Transforming Buy Now, Pay Later
A growing number of younger consumers are choosing buy, now pay later services to make purchases across various categories, including...
The Promise of Generative AI May Be Further Off—and Less Visible—Than Many People Think
For the past year, generative AI has dominated discussions about how emerging technology stands to transform our lives, and the...
Making Payments in China Just Got Easier for Foreign Visitors
The payments landscape in China continues to loosen up, with news that foreign visitors can now spend up to $2,000 a...
FedNow’s Slow Rollout Is Not a Matter of Concern
Fewer than 500 banks out of the roughly 4,000 U.S. banks are making use of the Federal Reserve’s instant payment...
What’s Driving the Drop in Credit Scores
Despite a rebounding economy, the average U.S. consumer credit score has dropped for the first time in a decade. The...
Card Issuers Must Prepare for Reductions in Late Fees
The new Consumer Financial Protection Bureau (CFPB) rule, cutting the maximum credit card late fee from $32 to $8, could...
For British Consumers, Contactless Payments Are the Way to Go
Britain’s retail business is now conducted almost entirely via contactless payments, according to data from Barclays. A record 93.4% of...
Hospitals, Pharmacies Still Scrambling to Get Paid After Cyberattack
The cyberattack on payments processor Change Healthcare has left crucial reimbursement systems down for nine days since its discovery, and...
Latin America’s Payments Landscape Is ‘Ripe for Innovation’
Latin America’s financial landscape harbors several factors that breed payments innovation: diverse populations, a large contingent of unbanked or underbanked...
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