Today’s Internet Is a Vulnerable Home for Our Money
As digital risks proliferate, an ex-regulator argues we need to rethink the Internet itself.
Articles by Steve Cocheo
Regional Banks Need to Prepare Now for More Earnings Pressure in 2024
Players like Citizens, PNC and Huntington will see stiffer conditions on both the lending and deposit sides.
Lessons from Ally’s Experiment with GenAI Marketing: Commit, But Carefully
A combined marketing-IT experiment at Ally Financial saved thousands of hours of staff time. Next year will see bigger and deeper implementation.
Fintechs Powered the Growth of Unsecured Personal Loans. What Risks Are Emerging for Consumers and Lenders Alike?
Cheat Sheet: For expenses from credit card debt to medical bills, consumers are embracing unsecured loans. Do they help – and how could they hurt?
Affirm Goes Big: How It Intends to Go Beyond BNPL to Own Payments
Powered by cards and savings, founder Max Levchin's Affirm is aiming to become a major payments brand, challenging traditional consumer credit.
Will Federal Guidance Have ‘Chilling Effect’ on Banking-as-a-Service?
Federal regulators don’t love BaaS. They can't ban it, but their emerging guidance may make it harder to close deals.
2024 Marketing Roadmap: More Customer Focus, More Streamlining & Fresh Takes on Life’s Milestones
Common wisdom says economic uncertainty means smaller marketing budgets. But Comperemedia says the bold should double down for growth.
The Growth Opportunity Where Artificial Intelligence and Embedded Finance Meet
A $350 billion opportunity awaits banks and merchants that can figure out how to let AI power seamless embedded finance.
Revolut Refines U.S. Product Mix as It Nears 1 Million-Customer Milestone
How the neobank is redesigning its product portfolio to match Americans' financial habits, to accelerate growth.
Neobank Winners and Laggards Point to Long-Term Fintech Strategic Shift
One-hit wonders will not survive among the neobanks, but those who adapt and find profitability may lead the industry.
Inside Elon Musk’s Stealth Move to Build X into a Pay-By-Bank Powerhouse
Don't take banking-wannabe Elon Musk's moves at face value, warns a noted payments consultant. A simple pilot overseas isn't what it seems.
‘Pay-By-Bank’ Trend Builds Momentum into 2024
U.S. 'pay-by-bank' lags the rest of the world, but experts see major growth next year. Banks must find ways to turn pay-by-bank into a win.
Credit Card Trends Have Bank Issuers on Alert
On the cusp of the holiday season, card banks must watch usage of their credit lines more closely.
Why the CFPB Proposal for Big Techs May Affect the Entire Industry
More questions than answers as the Consumer Financial Protection Bureau proposes conducting exams of the likes of Apple Pay and Google Pay.
Synchrony’s Innovation ‘Strike Zone’ Spans Embedded Finance, Social Selling and Web 3
Banking innovation has to balance the futuristic with the realistic. Here's how Synchrony plays to its 'strike zone' with developing technology.
Credit Cards Now: Everything You Need to Know From the CFPB’s Latest Report
The CFPB examines the dynamics of the credit card market in its data-filled report. Red flags include 'persistent debt' for 10% of cardholders.
Why U.S. Bank Is Elbowing into the Competitive BNPL Space
U.S. Bank sees potential for merchant-based buy now, pay later programs online, in person and when invoices arrive. Here’s its marketing strategy for Avvance.
ChatGPT Will Become ‘ChatOMG!’ in 2024, Forrester Predicts
Large language models can do amazing things. But 10 banks and neobanks will have large problems in 2024, after genAI missteps, Forrester says.
NerdWallet Launches into Banking with New NerdUp Secured Credit Card
NerdUp is more than just a new entrant in the credit builder space. NerdWallet says its banking gambit is a way to be an even better affiliate marketing partner.
Maybe BaaS Is Absolutely the Last Strategy Your Bank Should Be Looking At
Banking as a service is the hottest strategy going, as it can help pull in the deposits everyone craves. But it is neither a short-term solution, nor an easy one.
How Bank of America Plans to Get a Jump-Start on EV Lending
Despite some headwinds with electric vehicles in the near term, BofA is looking ahead to EV sales picking up, thanks to improvements in charging stations and government incentives.
Outlook for U.S. Central Bank Digital Currency Is Dim
Even as a few dozen other countries, including China, move forward with central bank digital currencies, any plans for a U.S. CBDC are still a long way off.