The Earned Wage Access terrain is anything but predictable and straightforward.
Recent regulatory shifts raise questions about banks expanding partnerships with EWA providers and if they might hinder the potential rise in instant payment adoption, particularly among regional banks.
It seems like $1 trillion is the new hot number. Recently Zelle said that it is on track to reach the $1 trillion payment volume mark this year, and now Stripe says that it too has crossed the payment volume benchmark.
Stripe's annual letter shows that the company had a good year, from its payment volume rising by 25% to its success with startups through its Atlas product.
In the wake of Gen Z's digital influence, financial firms are tasked with modernizing their offerings to captivate and retain this demographic's attention, while also addressing their unique needs and preferences.
At Tearsheet's recent Gen Z Symposium, Mastercard's Bunita Sawhney shared how the payments firm is tackling this challenge by forging partnerships to modernize its approach, increase stickiness, and meet the needs of the largest generation.
Remitly is striking the right chords with its growth strategies, as evidenced by its strong performance in the final quarter and full-year results of 2023.
CEO Matt Oppenheimer discusses how Remitly differentiates itself in the competitive money transfer market and the role of effective marketing in driving profitability.
Google is shuttering its Google Pay app in the U.S. announcing that its users will have until June 4th, 2024 to move their funds.
While Google hasn't given any explanation as to why its discontinuing Google Pay, we try to unpack the announcement to arrive at a few reasons why this may have happened.