A new report has predicted that recurring transactions processed on debit and credit cards in the United States will reach $473 billion by 2021. The report, “U.S. Recurring Payments Market Forecast, 2017–2021: Set It and Forget It,” has explored U.S. market size and reviewed service...
The automobile is one of those products that can change countless details of daily lives, to say nothing of the payments and commerce ecosystems associated with vehicles. And any significant change to the automobile — and that includes the rise of connected cars — will bring...
The numbers are in, and the economy is looking up: Gross domestic product (GDP) is increasing fast, wages are rising and the unemployment rate is the lowest it has been in decades. Get the Full Story Complete the form to unlock this article and enjoy...
After years of focusing nearly entirely on a consumer’s payment history, FICO has announced that as of 2019 it will be rolling out a new scoring system that will take money management into account in ranking borrowers. Specifically, FICO scores will now take a peek...
A new survey revealed that the percentage of unbanked Americans fell to the lowest level since the 2007-2009 financial crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Fair Isaac, creator of the FICO credit score, will be rolling out a new scoring system in early 2019. 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...
For many students, it was a time of either dread or excitement. The civics teacher, or the home economics instructor, would teach the class how to balance a checkbook, calculate compound interest and a few other skills that would go a long way in the...
In 2009, consumers first coined the term “Whole Paycheck” as a tongue-in-cheek way to describe the sticker shock many felt when looking at their receipts after a shopping trip to Whole Foods. Whole Foods is, of course, the organic grocery chain that Amazon bought for...
Indicating that Americans may have a less favorable view of their own finances, the University of Michigan Survey of Consumers fell to a gauge of 99 for October. The expected reading was 100.4 per a Thompson Reuters survey, Financial Times reported. Get the Full Story...
