Alternative Data Fueling Growth in Embedded Lending
Embedded lending is a growing market, and one of the factors expanding this market is alternative credit data.
Strong Holiday Shopping Online Opening the Path to Banking Services
The growth of the online payments market — as evidenced by this year’s Black Friday spending — is leading to increased demand for other financial products, and Banking as a Service (BaaS) products are beginning to fill that need.
Eyes on Buyers This Holiday
Consumer sentiment has been falling lately as inflation weighs on household expenses and wars rage abroad. It remains to be seen how this will affect spending this holiday.
Beyond Crypto Payments: Stablecoin Use Cases
Stablecoin are fundamentally useful for crypto payments and trading because they inherently maintain a peg to a fiat currency, like the U.S. dollar. To understand the potential of stablecoins, we explore some of its many applications.
Understanding PayPal’s New PYUSD Stablecoin
An overview of PayPal’s PYUSD stablecoin, which has the potential to seamlessly incorporate a dollar-pegged cryptocurrency token into the global payments ecosystem.
Many Uses of Stablecoins Drive Growth
A closer look at the many ways in which stablecoins are being applied hints at why global payments giant PayPal may have decided to enter this market.
FedNow Offers Richer Data
The Federal Reserve’s FedNow launch this past summer promises to give banks and credit unions a new real-time payment product to offer their customers. It also promises better messaging for banks that sign-on to the new payments system.
Fintech Industry Receptive to CFPB’s Proposed Open Banking Rule
A proposed rule unveiled by the Consumer Financial Protection Bureau (CFPB) last month is being celebratedhas received a warm welcome by many in the financial technology space for its aim to enhance competition in the U.S. open banking market and provide consumers greater control over their financial data.
This Week’s Crossword Puzzle – Open Banking
This week’s crossword puzzle is about open banking: A term describing how banks or financial institutions share financial data with third party providers via application programming interfaces (APIs).
Opening Up Banking in the US
The open banking transformation of the U.S. banking industry is already well underway, even as the Consumer Financial Protection Bureau finalizes its open banking regulations.