The issuer faces rising charge-offs, slowing volume growth, and declining active accounts
Working with Visa will bring the future P2P platform added trust and security—as well as real-time payment capabilities
The expanded partnership boosts merchant acceptance for both Fastlane and Pay with Venmo
In his first 24 hours as president, Trump set the tone for his second term with dozens of executive orders.
Card spend from these factors helped lift revenues 9% YoY
Major payment players like PayPal and Visa that invested in them are likely celebrating this regulatory movement
Given the success of its long-standing Sam’s Club card, the issuer could be in the running to restart Walmart’s program
Their end goal differs slightly from smaller FIs that often strive to stay competitive or fill digital gaps.
Delinquencies slightly improved for both issuers, but Discover’s card volume fell behind
Ally faced difficulties as consumers with lower credit scores bore the brunt of financial stressors
The tie-up can help attract younger travelers and aids in Venmo’s monetization journey
OpenAI, Oracle, and SoftBank’s mega-investment in US data centers could fuel AI’s growth. However, soaring energy and water demands may slow the pace.
This natural disaster could cost more than any in US history, raising profitability questions.