Watch more: Need to Know With Anita Chalkley of Synchrony and Chris Taylor of Discount Tire Service Centers A customer who walks out of a tire shop without completing a needed repair presents a problem that neither a credit score nor a sales report might...
Installment lending was once framed as a way to broaden access to credit. According to a PYMNTS Intelligence April report, “The Pay Later Data Shift: Credit Card Installments Take the Lead,” the market is moving beyond the original buy now, pay later (BNPL) narrative. Rather...
FinTech Propel Holdings debuted FreshLine, an unsecured personal line-of-credit offering, according to a Tuesday (March 10) press release. The Toronto-based company also received a $150 million commitment to support FreshLine’s launch and boost Propel’s growth in the United States, the release said. Propel designed FreshLine,...
The link between feeling good and playing good isn’t just tied to sports. It can hold sway in the business landscape, too. How a business feels and its sense of certainty may be just as important as how it performs. As interest rates, supply chain...
The traditional credit supply chain is showing signs of strain, leaving millions of consumers seeking alternatives to conventional banking products and opening new avenues for technologically driven lenders. Mainstream banks and credit unions are re-examining their underwriting standards across consumer and commercial lending. As Clive...
The FICO score is arguably shorthand for creditworthiness — a triple-digit number that helps determine mortgages and all manner of debt that’s extended to applicants, and at what interest rate. The Fair Isaac Corporation’s FICO scores are the output of a broad range of data...
FinTechs — especially platforms — are capitalizing on the continued buildout of digital solutions and products, including cards, to give consumers an alternative to traditional banks. In doing so, and by offering a continuum of financial services, Block, Affirm, SoFi and PayPal, and are moving...
Many consumers without credit cards face financial challenges. The PYMNTS Intelligence report “What Credit Card Outsiders Want — and How FIs Can Bring Them Back” explored the financial products that appeal to “credit card outsiders” — those who have never owned a credit card or...
Lemon announced Thursday (Oct. 10) that the company has launched and that its financing platform built for software-as-a-service (SaaS) sales teams is live. The platform is designed to help SaaS sales teams overcome the common challenge of customer hesitation over large upfront costs, Lemon Co-Founder...