April 24, 2024
Earnings Season Commentary Points to Pressures for Lower-Income Consumers
Earnings season is less than two weeks old. By and large, the data and the press releases indicate that consumers are still spending, on experiences especially, and are using their...
April 24, 2024
Marqeta and OakNorth Team to Offer SMBs Commercial Cards
Card issuing platform Marqeta has launched a partnership with U.K.-based, entrepreneur-focused digital bank OakNorth. The collaboration will see Marqeta offer a commercial card for OakNorth’s business banking clients, with the Marqeta platform giving these customers...
April 24, 2024
Why Unexpected Expenses Are Especially Harmful for the Credit-Marginalized
Unexpected expenses can pack a financial punch for any consumer, but for those who are already dealing with credit-related issues, the blow can be especially devastating. Take the credit marginalized,...
April 23, 2024
JPMorgan Chase CEO Jamie Dimon Says US Economic Boom ‘Unbelievable’
JPMorgan Chase CEO Jamie Dimon reportedly said Tuesday (April 23) that the U.S. economic boom is “unbelievable.” Speaking at an event at The Economic Club of New York, Dimon said employment is strong, consumer...
April 23, 2024
58% of Gen Z Shoppers Prefer Debit Cards for Online...
Few things must be as frustrating to an eCommerce merchant as cart abandonment. But, as PYMNTS Intelligence found in compiling its “How Preferred Payment Availability Can Reduce Cart Abandonment” report...
April 22, 2024
Can Companies Automate Away America’s Growing Accountant Shortage?
When it comes to choosing a career in accounting, the numbers no longer add up. That’s because, from corporate finance departments to CPA (certified public accountant) prep courses, finance functions across America are suffering...
April 22, 2024
Rapid FinTech Growth Adds Risk to Inbound Account Funding
The quick growth of neobanks and FinTechs has put an increased emphasis on secure money movement. Ingo Payments CEO Drew Edwards details the challenges in money movement and their solutions...
April 21, 2024
EU to Decide on KKR’s Telecom Italia Buyout by May...
U.S. investment firm KKR’s bid to acquire Telecom Italia’s fixed-line access network is now in the hands of European Union antitrust regulators. According to a filing from the European Commission...
April 19, 2024
Regions Bank Struggles With Expenses; Bullish on Consumer
Two months after laying off 3% of its workforce, the Birmingham, Alabama-based Regions Bank posted disappointing Q1 earnings Friday (April 19). The southeastern regional’s results were driven by higher expenses...
