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While it still faces hurdles, the company’s finances have improved markedly—setting it up for a strong IPO in 2025

This tie-up defies previous concerns about the viability of funding the BNPL industry

Just a third of adults in Canada will use mobile peer-to-peer (P2P) payments this year, and adoption will barely grow through 2027. Mobile banking apps and digital wallets must rethink their strategies to capture P2P users—making the most of a population that doesn’t yet have strong P2P brand loyalty.

As fraud protection programs get more sophisticated, fraudsters are changing tactics and focusing on people-centric scams

Remittances represent a large share of global payments and will keep growing—although at a flat rate. Traditional money transfer organizations have to fight harder for a share of the prize as digital-only entrants have stepped up the competition.

Digital ad spending in the payments industry is set to surge as consumers start to get through the financial headwinds of the past few years. We look at where payment providers should focus their ad spend to maximize returns.

US P2P apps need to tap new uses and services to stay competitive, especially amid Zelle’s dominance. Here’s how each app sizes up and differentiates to attract younger generations.

Pays will put banks back in the digital wallet game. There is a pays,-. David Morris:. It's wonderfully worded so that,-. Rob Rubin:. Wallet. David Morris:. I can say yes actually, but. Rob Rubin:. I know. David Morris:. Yeah. Rob Rubin:. But they're in the game, but they're on the bench. No? David Morris:. I think that's a very good way to put, it's a really good way to put it.

The media model popularized by retailers is now being adapted by companies in other verticals. Financial services and travel companies are among those launching commerce media networks in a bid to monetize their first-party data.

Generative AI gives payment providers unprecedented tools to create a more personalized purchase journey for consumers, but some use cases are easier to implement than others.

Fintechs and digital wallets like Google Pay are making it easier than ever for consumers to maximize rewards. That improves customer satisfaction but could become a problem for issuers: They rely on a certain amount of rewards breakage and sub-optimal use to finance these expensive programs. Expanded BNPL.

Commerce media networks are expanding beyond retail into new verticals like travel and financial services, creating opportunities for targeted advertising using first-party purchase data. The key to growth will be achieving a delicate balance, and engaging—rather than alienating—consumers.

That includes information associated with credit cards, checking and savings accounts, prepaid cards, and digital wallets. This will make FIs custodians of consumer data, rather than owners, but they will remain responsible for data security, risk management, and consumer privacy. Integrating AI and data into chatbots and virtual assistants will give PFM tools forward-looking capabilities.

Block has been working to grow Cash App Pay, but the buy button still trails competitors

That includes information associated with credit cards, checking and savings accounts, prepaid cards, and digital wallets. This will make FIs custodians of consumer data, rather than owners, but they will remain responsible for data security, risk management, and consumer privacy. Integrating AI and data into chatbots and virtual assistants will give PFM tools forward-looking capabilities.

From the rise of sophisticated AI-driven tools to new policies reshaping data privacy and competition, 2025 promises to be a year of relentless change. Companies that adapt will thrive, while others risk being left behind in a swiftly moving market.

From a slew of major partnerships to our forecasts for slower user growth, we look at the biggest BNPL trends of 2024—and what they mean for 2025.

Working with Visa will bring the future P2P platform added trust and security—as well as real-time payment capabilities

The enforcement action provides closure that could help boost the P2P app’s customer satisfaction in the long run