Chime Considers Adding Stablecoin Support to Its Consumer App
Like many fintechs, Chime‘s business model is built around bringing conventional banking services into the digital realm. However, the company could further differentiate itself from traditional financial institutions by adding stablecoin support to its platform. According to Bloomberg, Chime Financial has requested proposals from blockchain infrastructure firms with the goal of offering full-scale stablecoin wallet […]
How the Evolving Role of the CFO Is Changing Payments Strategy
It’s a truism in business that the CFO’s mandate only moves in one direction: It expands over time. A CFO’s responsibilities rarely recede; they simply continue to grow. That is partly a reflection of the fact that financial services has become a larger component of the U.S. economy, but it also reflects the growing influence […]
How Innovation Is Transforming Payment Fraud Prevention
The biggest challenge in modern payments isn’t moving money instantly—it’s making sure it reaches the right person. As payment technologies continue to evolve, fraudsters are finding new ways to exploit faster transactions, leaving financial institutions with little time to detect and stop suspicious activity. Preventing fraud now requires shifting from reactive controls to real-time, data-driven […]
American Express Expands Virtual Cards for Commercial Payments
Digital platforms have improved consumer payments in nearly every way, but the experience has yet to fully extend into commercial applications. Virtual cards can help address some of these gaps while giving treasury teams greater control and visibility into spending. The technology has a broad range of applications, from supplier payments to travel and employee […]