Consumer Finance

Consumer Finance
Alipay Will Charge Fees For Repayment By Credit Card
February 21, 2019

Mobile payment company Alipay is going to start charging a fee of 0.1 percent to customers who use the service to decrease their credit card debt, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article...

Consumer Finance
Moody’s: U.S. Household, Credit Debt Grow Modestly, Auto Delinquencies Decline
February 13, 2019

Moody’s Investors Service, an American Credit rating firm, has released its quarterly Pulse of Consumer Credit report, and in a report emailed to PYMNTS, it showed some insights into the relationship between the population and its credit. Get the Full Story Complete the form to...

Consumer Finance
The Making Of A Digital Subprime Marketplace
February 05, 2019

No one needs to be told that eCommerce is becoming a more important part of consumers’ daily lives. Any number of stats — from the 2018 holiday shopping season, for instance, or a Deep Dive by PYMNTS into how much shoppers spend with Amazon — confirm...

Consumer Finance
Payday Loans, Pawnshops And Borrowed Credit Cards: How Many Americans Got By In 2018
February 04, 2019

When it comes to managing personal finances, consumers are seemingly taking one step forward and three steps back. 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...

Consumer Finance
GoFundMe Crowdfunds For Furloughed Government Workers
January 21, 2019

It’s been 10 full days since government workers missed their paychecks due to the prolonged government shutdown, and one of the most recognizable crowdfunding companies is stepping in to help. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Consumer Finance
SWIFT Publishes Standard For Pay Later APIs
January 16, 2019

SWIFT announced Wednesday (Jan. 16) that it published a standard for the Pay Later APIs, which it said is a key step in enabling the adoption of a new consumer payment model. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Consumer Finance
Fiserv On Solving Cash Flow’s Crunch Digitally
January 16, 2019

Cash flow can make or break daily life for consumers or businesses. Not enough in your account? Plan on asking your landlord for a few more days to pay the rent. Not able to quickly access those funds in that check you just received? Payroll...

Consumer Finance
Report: Minority Consumers Grapple With Debt
January 14, 2019

A new report has found that as debt rates have climbed to pre-recession levels, minority consumers are struggling to reach financial parity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Consumer Finance
Affirm Joins The High-Yield Savings Account Crowd
January 09, 2019

Affirm, a company founded by entrepreneur Max Levchin to provide fair alternative credit, has launched a new free saving account that offers a 2 percent annual interest rate. The move comes amid other such recent offers in the finance world. Get the Full Story Complete...