Once seen as a convenience for splurging on big-ticket items, BNPL is now becoming a go-to solution for necessities like groceries and utilities.
Rory Herriman, Chief Product Officer and CTO of Zip Co, shares insights on how BNPL is expanding to meet broader consumer needs and cash flow management, and how Zip's approach is evolving with the sector.
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.
Financial brands can help parents confidently teach younger generations about complex topics like international finance to prepare them for a more globalized world.
From collaborative apps to parent-child learning content, innovative strategies can transform how families engage with financial education and build trust with brands.
In this Tearsheet podcast episode, Coast's head of strategic accounts Kara Parkey explains how the company is transforming fintech through interactive API demonstrations.
She discusses how Coast's innovative platform helps financial institutions accelerate sales and streamline onboarding.
While fintechs are rolling out AI-driven tools for wealth management and tax planning, banks remain cautious, focusing on internal productivity rather than customer-facing products.
Apart from the compliance hurdles banks may be facing when it comes to deploying Gen AI, another reason for their slow movement may be the perceptions of their core consumer segment.
