News

Banking
Business-Loan Growth Bottoms Out For No Clear Reason
January 03, 2018

Experts are facing a puzzle when it comes to business-loan lending. Loans have dropped to their lowest levels since the days following the financial crisis a decade ago — but no one seems to know why exactly this is happening. Get the Full Story Complete...

Retail
Average American’s Holiday Debt Goes Up 5 Percent
January 03, 2018

The average American got swept up in the holiday spirit this season, accumulating an average of $1,054 of debt — about 5 percent more than last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Compliance, Cash And Cannabis’ Complicated California Future
January 03, 2018

New Year’s Day 2018 was met by biting cold temperatures across most of the U.S., a Mariah Carey comeback in Times Square and the state of California opening its doors for the sale of marijuana for recreational purposes. On that day, 400 shops had the appropriate licenses to open their...

Payment Methods
Have We Reached The Push Payments Inflection Point?
January 03, 2018

Living paycheck to paycheck isn’t just for gig workers like Uber drivers and landscapers. It’s the way many, many average Americans live their lives, from policemen and firemen to educators. And it can be even tougher if they’re waiting for a literal, paper paycheck. Get...

Mobile Commerce
In-App Spending Up 12.3 Percent On Christmas Day
January 02, 2018

Spending on in-app purchases jumped 12.3 percent on Monday (Dec. 25), with consumers around the globe spending money on in-app purchases, subscriptions and premium apps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Auto Asset-Backed Securities Surge; Could Create Trouble In 2018
January 02, 2018

Auto asset-backed securities (ABS) hit a post-financial crisis high this year in the U.S., which could set up some trouble in the new year if the Federal Reserve raises interest rates and consumers struggle to pay back their auto loans. Get the Full Story Complete the...

Fintech Investments
Ex-SoFi CEO Raising $25M For His Next FinTech Move
January 02, 2018

Mike Cagney, the SoFi founder who was ousted from the company three months ago after allegations of sexual harassment, is already working on his next move. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart Announces Most Popular Items Bought Online In Each State For 2017
January 02, 2018

Wondering what consumers in your home state are buying on Walmart.com? 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...

South East Asia
China Clamps Down On Cross-Border Withdrawals
January 02, 2018

Chinese regulators have capped overseas withdrawals using Chinese bank cards at Rmb100,000 per year. 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....