Lender Alert: Struggling Consumers Using BNPL Almost 4x More Than Others
Consumers report strong credit performance but higher usage by financially vulnerable must be monitored closely as inflation and rates rise.
Articles by Steve Cocheo
How a New Mobile Payments App Is Building a Global ‘Crypto P2P’ Service
Fintech startup taps blockchain and 'Web 3.0' technology to give people a simple way to engage in decentralized finance on a mobile phone.
Digital IDs Become More Critical as Online & Mobile Banking Dominate
Rising fraud undermines trust and threatens digital banking progress. Fighting back demands finding the right identity solution.
Explainer: What Is ‘Low-Code/No-Code’ and How Can It Change Banking?
Reaching goals for speed to market and innovation may require more financial marketers to use this new type of 'building-block software.'
What Biden’s Crypto Executive Order Will Mean for Banking and CBDCs
President's move favors central bank digital currency but doesn't quash other efforts. It also exposes critical risks demanding discussion.
All-Digital Grasshopper Bank Pushes Into BaaS and SBA Lending
Experience, being nimble and competing in business banking, rather than the consumer side, could put young Grasshopper into the black.
Fintechs Raise Digital Transformation Stakes, Many Banks Don’t Ante Up
Change won't wait for digital laggards, yet many banks and credit unions still aren't focused on answering fintech and neobank innovation.
BNPL Is Now Officially Mainstream: What It Means for Lenders
The three major credit bureaus now collect BNPL data, which could alter the competitive balance between fintechs and banks and fuel growth.
When ‘Banking as a Service’ is the Wrong Strategy
Growing numbers of banks are attracted to BaaS, but if they don't really understand the business then this fintech play is not for them.
Partnering with ‘Lendtechs’ to Grow Loans and New Accounts
Digital allies can spread a traditional financial institution's lending net wider and deeper, but controls are critical.
Explainer: What Is Web 3.0? (And Why Should Banks Care?)
Far from being an academic issue, crypto-based competitors for loans and deposits are already operating using the new technology.
Four Trends Redefining the Payments System in 2022
The payments battle grows hotter as it ranges from mobile technology to digital currency to invisible payments via the internet of things.
Catch-Up Lessons from a Digital Banking Transformation Straggler
Hollywood's bank, City National, brought in an ex-Citibanker to overhaul digital products and marketing. Here's how she turned things around.
Should You Follow Chase Bank Into the Metaverse?
J.P. Morgan sees huge potential in the emerging virtual world, spelled out in a new report. Some experts, however, raise caution flags.
6 Ways Marketers Can Turn Boring Banking Numbers Into Killer Copy
Parroting opaque numbers confuses and then loses key banking audiences. Compare before and after examples to see how to make figures clear.
The Future of ‘Banking as a Service’
Interest in BaaS is surging, fueled by 'embedded banking' and by tech company enablers. All that is also bringing increased focus on risk.
How Deposit Patterns Can Guide Bankers to Better Credit Risk Decisions
Two out of five turndowns could become viable loans if traditional institutions augment credit scores with alternative data from deposits.
Mainstream and Fintech Lenders Creeping Further Into Non-Prime Lending
Banks, credit unions and digital newcomers step up lending to lower credit tiers to build balances & revenues. The great unknown: inflation.
Keeping Your Bank’s Brand Out of The ‘Cancel Culture’ Crosshairs
Financial institutions sit one hashtag away from reputation damage. Forethought and attention to service can help curtail social media hell.
How a U.S. Central Bank Digital Currency Could Impact Payments
The first CBDC blueprint has been published, a key step on the road to creating the dollar equivalent of China's 'digital yuan.'
BNPL and Crypto Trends Influencing Consumer’s Banking Preferences
New financial products' growth amid increasing economic turmoil means that banks must figure out how to relate or face creeping obsolescence.
Why Consumers Don’t Think BNPL Is ‘Debt’ (and Why It Matters)
Consumers see 'Buy Now, Pay Later' as a new way of buying, not borrowing. It is actual debt, but its impact on credit scores is unclear.
