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.
To commemorate March's International Women's Day, Tearsheet engaged in conversations with some of the prominent women leaders in the US payments industry.
Our discussions explore their current roles while reflecting on their career journeys that paved the way for them to be at the top of their game.
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.