More than 1 in 3 subprime consumers sit outside the card market, leaving lenders and merchants with room to build a more manageable entry point to credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Visa has launched a partnership with payment and data security infrastructure firm Bluefin. 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...
The average credit card delinquency rate ticked up from 2.48% in June to 2.50% in July, Seeking Alpha reported Tuesday (Aug. 18), based on the results of seven banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Businesses can now use their Square Credit Card to pay vendors that don’t accept cards, as well as those that do, Square said in a Tuesday (Aug. 11) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A trio of senators have lent their support to the Credit Card Competition Act. 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...
About 1,850 Bilt cardholders received mistaken collection notices, the Wall Street Journal reported Tuesday (Aug. 4). 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...
Thredd is helping Pliant expand its commercial credit/embedded finance platform to the U.S. 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...
Revenue growth remained healthy across the payments industry this quarter, but earnings calls and P&L statements also shed light on what makes a payment network stronger over time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
When AI agents start buying things, somebody has to settle the transaction. This week, the four largest card networks in the United States each made the same declaration: The Prompt Economy is their market, and they are building the rails for it. Get the Full...