How Banks Can Capture the Wealth Transfer from Boomers to Gen Z
As we stand at the gates of the world’s greatest generational wealth transfer, from the Baby Boomers down to their heirs and descendants, banks are positioning to capture those assets. This requires a long-term multigenerational strategy, one for which a bank must start sowing the seeds now so it can win later—perhaps much later. In […]
Inside the Senate’s Newly Passed Stablecoin Bill
The Senate’s passage of the GENIUS Act marks the first time stablecoin legislation has cleared either Congressional chamber, along bipartisan lines. The bill—establishing federal standards for the issuance, trading, and custody of stablecoins—passed with a 68-30 vote, including support from 18 Democrats. The House of Representatives must now pass the bill for it to become […]
Klarna Aims to Replicate Super App Success in the U.S.
The super app concept has seen great success in China with Alipay and WeChat Pay, and Klarna aims to follow a similar blueprint. Best known for its buy now, pay later (BNPL) products, the company has been steadily expanding its offerings. Its latest move is the launch of mobile phone plans in the U.S. featuring […]
Embedded Lending as a Growth Strategy for ISVs—How to Maximize Revenue Potential
As consumer expectations for seamless buying experiences continue to rise, independent software vendors (ISVs) that embed payments into their platforms position themselves to capture greater market share in a growing and increasingly competitive software landscape. Consider this: the global ISV market clocks in at USD 2.35 billion in 2025, growing to USD 5.5 billion by […]
Payment Processor Paddle Fined Over Role in Scams
The Federal Trade Commission has fined Paddle $5 million over charges that the UK-based payment processor facilitated access to the U.S. credit card system for fraudulent foreign tech support operations. These schemes allegedly defrauded U.S. consumers out of millions of dollars. The FTC alleges that Paddle used its position as “merchant of record” and a […]
JPMorgan Pursues Trademark for Potential Stablecoin
As more organizations consider branded stablecoins, a recent JPMorgan Chase trademark application has fueled speculation that the bank is gearing up for a stablecoin launch. The document filed with the U.S. Patent and Trademark Office seeks to trademark JPMD, which has been considered to stand for JPMorgan Dollar. The application states that the bank is […]
Merchants Find More Use Cases for AI Amid Risks
Walmart has Sparky; Amazon has Rufus. These AI-powered shopping assistants have begun to take a more prominent place in the e-commerce apps of the world’s largest retailers. Although chatbots have been an early use case for artificial intelligence, they are just the beginning of how merchants can leverage this powerful technology. As Don Apgar, Director […]
Two Trailblazers in Unattended Retail Are Teaming Up
The future of unattended retail may have taken a big step forward with the union of two major players in the market. Cantaloupe, a fintech specializing in self-service commerce, has been acquired by 365 Retail Markets for $848 million. The acquisition combines Cantaloupe’s expertise in payment processing and software services with 365 Retail Markets’ self-checkout […]
Chase and American Express Plan Premium Card Revamp
As credit card debt hovers near historic highs, American Express and JPMorgan Chase are preparing to revamp their luxury credit card offerings. Amex has long catered to a higher-end customer base with its line of cards that offer perks at airlines, hotels, and exclusives, all for an annual fee. At the top of its portfolio […]
Taking the Check Out of Paycheck: The Role of Prepaid in Payroll
The traditional model of biweekly or monthly physical check payouts is rapidly becoming a thing of the past. For businesses, moving away from checks results in lower processing costs and a reduced risk of check fraud. While direct deposit offers clear benefits for employees, it’s not always their preferred method of receiving pay. In today’s […]