Merchant

The gulf between what small businesses need and what banks are providing could be an opportunity for bankers.

2024 brought important issues front and center for bankers, ranging from the rise of artificial intelligence to the fall of banking-as-a-service.

The account-to-account payment method has become prevalent in countries such as China, India and Brazil, but adoption has been slow in the U.S. and limited to small- and medium-sized businesses. That paradigm is expected to shift amid continued fintech investment.

Improved consumer confidence helped to drive greater use of buy now/pay later as younger generations turned to short-term installment options.

On her way out the door, SBA Administrator Isabel Casillas Guzman issues licenses to four more nondepository lenders.

Data breaches in 2024 exposed billions of records, impacting financial firms, banks and consumers alike.

Banks that don't focus on credit cards for this market may find larger banks and fintechs are eating their lunch.

About $2 billion changes hands daily for the sale of new motor vehicles in the U.S., making auto dealers a prime use case for faster payments. So why aren't more using it?

The Columbus, Ohio-based regional launched Lift Local Business in October 2020 with a $25 million ceiling. Four years and $133 million later, the program is still going strong.

The breach, which occurred earlier in November, did not directly impact customer operations, but a threat actor stole data meant for customers.