EWA platforms and FinTech providers are expanding through acquisitions and partnerships to offer on-demand pay services, driven by consumer demand for more frequent pay schedules.

Source: https://www.pymnts.com/topic/fintech/

More than a quarter of Americans reported a decline in their financial standing over the past two years, with financial pressures reshaping how paycheck-to-paycheck consumers earn, save, and spend.

Source: https://www.pymnts.com/topic/fintech/

Consumers who focus on maximizing rewards are less likely to use credit cards, while others prioritize financial flexibility or staying afloat.

Source: https://www.pymnts.com/topic/fintech/

Half of small and medium-sized businesses lack access to financing, putting their growth and survival at risk.

Source: https://www.pymnts.com/topic/fintech/

Embedded finance is gaining popularity, with nearly one in five smaller businesses adopting embedded lending, particularly in the U.S. and India. Gen Z and millennials also show strong enthusiasm for embedded lending products.

Source: https://www.pymnts.com/topic/fintech/

The financial services industry faced numerous regulations in 2023. However, the incoming Trump administration is expected to pursue deregulation, potentially leading to the closure of regulatory bodies. Key issues for 2025 include examining risks and rewards of bank-FinTech partnerships, cybersecurity, capital requirements, and innovation.

Source: https://www.pymnts.com/topic/fintech/

The Consumer Financial Protection Bureau (CFPB) sued Walmart and FinTech company Branch, alleging they opened accounts for gig economy drivers without consent, charged junk fees, and failed to deliver promised instant access to pay.

Source: https://www.pymnts.com/topic/fintech/

Fiserv is acquiring Payfare, an earned wage access provider, to enhance its embedded finance solutions and address the needs of large enterprises and financial institutions.

Source: https://www.pymnts.com/topic/fintech/

Buy now, pay later (BNPL) and embedded finance options are changing how consumers manage their finances and make purchasing decisions, making personal loans more accessible and popularizing credit use for everyday purchases.

Source: https://www.pymnts.com/topic/fintech/

Middle-market executives predict a brighter 2025 despite challenges in 2024, with 76% of analytics-driven strategies proving successful in managing uncertainty.

Source: https://www.pymnts.com/topic/fintech/