The reason private label works so well in stores, Bread CEO and Co-founder Josh Abramowitz told PYMNTS’ Karen Webster, is because they are so well-integrated with the physical retail environments for which they were created. They are easy for consumers to use, they are white-labeled...
If the world were a more logical place, it would always be easy for a borrower to pay their debts as quickly and easily as possible. Everyone’s goals would be aligned, ensuring that funds are repaid on time and with minimal investment of time or energy....
While freelance and self-employment has existed as long as the work has existed, half a decade can make a big difference. Gig workers have gone from a sliver of the economy to a bonafide force, powered by platforms like Uber, Lyft and Fiverr, not to mention a generation...
U.S. Bank is entering the small-dollar lending arena. Going forward, U.S. Bank depositors will be able to tap into an online, digital lending product aimed at offering a small cash infusion to solve near-term problems. Called Simple Loan, the new product puts the nation’s largest regional...
Funding Circle, U.K.-based peer-to-peer lender, announced Monday (Sept. 3) that it is aiming to raise $387.4 million via the issuance of new shares. According to a report by CNBC, the listing would happen on the London Stock Exchange. What’s more, Reuters reported Heartland A/S, the private holding...
U.K. payday lending startup Wonga has come to the end of the road, having filed for administration (similar in concept to bankruptcy in the U.S.) in the closing days of last week. The firm has confirmed that it has appointed Grant Thornton as administrators who...
It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial lending tending toward a slump. As of early 2018, U.S. regional bank executives were gearing up for a bumper year,...
While the Great Recession technically began in Dec. 2007, most people remember a different date as the “real” start to the Great Recession: Sept. 15, 2008. That was the day Lehman Brothers officially filed for bankruptcy. Six days later, The New York Times reported that Bear Stearns was...
Headquartered in Orange County, California and founded in 2003, CashCall is a big firm that consumers likely know best from its early commercials featuring the late Gary Coleman. The ad itself seems somewhat silly, which is probably why it is so memorable, but CashCall is...
