Prepaid cards have evolved to de facto bank accounts for many customers.
Prepaid cards are seen as an entry point into the financial system for the underserved, and as a result of recent regulations, offer protections comparable to debit and credit cards.
This year Tearsheet's The Power of Payments conference brought together executives from industry leaders like SVB, Fifth Third, Zip CO, and Payoneer.
We dive into the biggest ideas and strategies shared on the day, such as mindful deployment of AI, strategies for banks making embedded finance plays, and building the right experiences and integrations in payments.
The BNPL model highlights a key societal dilemma: the trade-off between immediate gratification and future security. For Gen Z, this struggle is amplified by higher living costs, housing prices, and student debt.
Matt Britton, CEO of Suzy, encourages younger consumers to pair BNPL’s convenience with mindful financial planning to build a secure future.
John Caplan outlines how Payoneer has adjusted its strategy to better meet the cross-border payment needs of businesses in emerging markets at Tearsheet's TPOP 2024 Conference in NYC.
Payoneer’s renewed focus on prioritizing businesses in emerging markets reflects Caplan’s vision, shaped by his experiences leading the company in the past year and a half.
In recent years, Discover has leveraged a key growth strategy that focuses on engaging niche consumer segments and enhancing customer loyalty, among other initiatives.
The secret sauce of this approach can be seen in the firm's strategic moves: a concentrated focus on a niche yet widely recognized customer base carried out through a measured approach.