Exclusive Research: Banks are moving too slowly to meet demand for cheaper, faster payments
American Banker's BNPL Tradeoff Survey finds risk and regulatory fears are leading many banks and credit unions to hold off on offering the lending product.
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FiCare Federal Credit Union says callers passed Fiserv's verification with stolen data and got fraud blocks lifted. Five others reported the same.
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Sixteen percent of consumers took out a buy now/pay later loan in 2025, according to the Federal Reserve, as more low-income consumers turn to the short-term installment loans for everyday expenses such as groceries. That's creating a blind spot for banks that underwrite consumer credit.
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The move came 12 days after Canada's bank regulator said tokenized deposits are not legally distinct from ordinary deposits.
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Bank of America, Capital One and other large banks have teamed up to publish a set of principles for agentic commerce. But the call for a set of standards from banks comes as other fintechs and payment companies are already forging ahead with the technology.
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As the payment company looks for new ways to drive volume, it's using the social media company's personal artificial intelligence to aid shopping and checkout.
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The real value of stablecoins lies in their ability to provide instant and secure transfers of value. But, in a world where every company has a bespoke stablecoin, that promise begins to break down quickly.
The risk facing U.S. banks is not that stablecoins will suddenly siphon deposits through yield alone. It is that deposits will gradually follow utility as financial experiences improve elsewhere.
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
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Kristin Smith, president of the Solana Policy Institute, discusses what to expect in the next year in the world of on-chain finance.
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When a bank thinks of itself as a tech company, a new set of opportunities and challenges becomes clear.
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