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As Chime Mulls IPO, Neobanks Grapple With Uneven Profitability
As Chime Mulls IPO, Neobanks Grapple With Uneven Profitability
March 26, 2024  |  Digital Banking

As they say in horse racing and on Wall Street: You pays your money and you takes your choice. The news that Chime Financial is mulling an...

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Growing Rise in Side Hustles Points to Boon in Digital Payouts
Growing Rise in Side Hustles Points to Boon in Digital Payouts
March 25, 2024  |  Faster Payments

The rise of the gig economy may have significant, positive knock-on effects for faster disbursements and earned wage access options. In this environment, supplemental income...

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Chime Extends Fee-Free Overdraft Feature to Credit Builder Card
Chime Extends Fee-Free Overdraft Feature to Credit Builder Card
March 25, 2024  |  Personal Finance

Chime’s fee-free overdraft feature, SpotMe, is now available when members use the Chime Secured Credit Builder Visa Credit Card, in addition to debit card purchases and cash...

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Retailers’ Embedded Finance Bets Pay Off
Retailers’ Embedded Finance Bets Pay Off
March 25, 2024  |  Retail

Retailers around the world are seeing their investments in embedded finance offerings boost their revenue. By integrating financial services directly into the shopping experience —...

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Credit Card Delinquencies Slip as Charge-Offs Keep Rising
Credit Card Delinquencies Slip as Charge-Offs Keep Rising
March 25, 2024  |  Credit Cards

Credit card delinquencies fell slightly last month while net charge-offs continued with their upward trajectory. That’s according to a report Monday (March 25) by Seeking...

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Mastercard’s Partnership With Alipay Connects Digital Wallets to Cross-Border Payments
Mastercard’s Partnership With Alipay Connects Digital Wallets to Cross-Border Payments
March 25, 2024  |  Cross-border Payments

Alan Marquard, head of transfer solutions at Mastercard, told PYMNTS that remittances are ripe for continued transformation — to digital channels, and to digital wallets,...

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Gen Z Proves Hardest for BNPL Providers to Please
Gen Z Proves Hardest for BNPL Providers to Please
March 21, 2024  |  BNPL

While the vast majority of consumers are highly satisfied with their buy now, pay later (BNPL) experiences, PYMNTS Intelligence research finds that many Gen Z...

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Split Payments May Boost Merchants’ Private-Label Card Momentum
Split Payments May Boost Merchants’ Private-Label Card Momentum
March 19, 2024  |  Payment Methods

For closed-loop systems — merchant-specific cards — split-payment options may spark both interest and momentum. Less than a year ago, PYMNTS Intelligence found that more...

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FIS and Stratyfy Team to Combat Card Fraud
FIS and Stratyfy Team to Combat Card Fraud
March 18, 2024  |  Partnerships

FIS joined forces with software firm Stratyfy to combat fraudulent card transactions. The collaboration employs the FIS SecurLOCK card fraud management solution to spot and prevent fraudulent transactions, according to...

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