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The thriving BNPL market has seen setbacks in recent months. Yet, could embedded lending be a solution for lenders avoiding high-profile disputes like that between Amazon and Visa? In November last year, Amazon’s UK website told customers that it would no
Change is paramount for banks and credit unions attempting to stay current in today’s ever-evolving landscape, including technological advancements, shifts in consumer behavior, economic fluctuations, and competitive pressures. Embracing meaningful change and flexibility can set you up for success in
PayPal is rolling out a stablecoin for payments and transfers, the company announced on Monday. PayPal USD (PYUSD) is issued by Paxos Trust Company and is backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal says
Named a “game-changing opportunity for banks” by The Global Treasurer, embedded finance has become a disruptive force in the financial services industry. Yet, its lesser-known counterpart, embedded fintech, presents just as many, if not more opportunities for financial institutions focused on
The Bank of England has opened recruitment for staff to oversee the development of its proposed central bank digital currency. The UK central bank wants to create a team of up to 30 people to oversee the project, according to
Embracing tech transformation is pivotal for banks in the UK to keep pace with evolving times. Amid the sense of urgency developing in the industry, it’s crucial to focus on successful planning and implementation. The banking industry is undergoing a
