USAA Finds Consumers Use Credit Card Rewards for Everyday Expenses
Credit card rewards were once a ticket to premium travel, luxury experiences, and aspirational purchases. Increasingly, however, consumers are using those same rewards to offset everyday costs like groceries and gas, signaling a shift in how households are managing their finances. That’s according to new research from USAA, which found that consumers are not only […]
Stripe Makes $53 Billion Play for PayPal
Stripe and private equity firm Advent have reportedly made a $53 billion bid to acquire PayPal, a deal that would combine one of fintech’s fastest-growing companies with one of digital payments’ largest consumer networks. The acquisition, which has been rumored for months, would rank among the largest fintech deals on record. According to Reuters, Stripe […]
Can the Digital Euro Be the Difference Maker the EU Needs?
The U.S. dollar has long anchored the global financial system, while Visa and Mastercard have powered much of the world’s card-based commerce. But the rise of stablecoins and growing concerns over reliance on U.S.-based financial infrastructure are prompting governments around the world to seek greater control over the future of money. In Europe, that effort […]