Bank of America strategists reportedly expect consumers’ growing use of prediction markets and sports gambling sites to create new credit risk for lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
For Synchrony Chief Financial Officer Brian Wenzel, the story of today’s consumer isn’t about inflation, credit tightening, or macro stress signals. It’s about expectation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The “Wage to Wallet™ Index: Wage Volatility’s $14B Consumer Spending Gap,” a collaboration between PYMNTS Intelligence, WorkWhile and Ingo Payments, offers a detailed look inside the U.S. Labor Economy at a moment when small shifts in wages are delivering outsized consequences for spending, confidence and...
Cash App has announced that it will test a feature that allows users of its money app to see how their choices affect the company’s lending decisions, and a feature that lets its cardholders turn purchases into pay-over-time loans. Get the Full Story Complete the...
Zillow is offering a tool designed to let renters build credit through rent payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
FinTech company FIS has added U.S. consumer auto finance capabilities to its FIS Asset Finance platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
A tightening credit backdrop is changing how Americans think about credit cards, from whether to apply for a new account to how often to ask for a higher line. PYMNTS Intelligence data and the most recent New York Federal Reserve Bank’s Credit Access Survey together...
Record levels of late car payments is putting pressure on subprime auto lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The pile of household debt keeps growing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...