April 13, 2023
PYMNTS Intelligence: Partnering to Power Growth With Instant Loan Disbursements
Instant disbursements adoption set records in 2022 and is anticipated to continue increasing in the near term. The only disbursements that consumers were significantly less likely to receive instantly last...
April 12, 2023
The Inside Take on AI’s Role in Streamlining Lending for...
Instant disbursements adoption set new records in 2022 — except in lending, where two-thirds of FinTech FI customers would eagerly pay extra for instant disbursements. LendingClub’s Anuj Nayar explains how...
April 12, 2023
Merchants Reap Economic Benefit of Co-Branded Store Card Momentum
In 2023, store credit cards could significantly surge based on last year’s trends. A report by LendingTree revealed that 35% of Americans were likely to apply for a store credit...
April 11, 2023
Lending Is Ripe for an Instant Disbursements Transformation
As inflation rises and recession looms, consumers are anxious about their finances. With 48% of consumers less likely to take out a loan since interest rates have increased, banks must...
April 10, 2023
SoFi Student Loans Suit Spotlights Platform Model’s Resilience and Vulnerabilities
The push and pull on student loans has spotlighted SoFi’s digital platform model and the emergence of online financial service ecosystems. As widely reported, SoFi has turned to the U.S....
April 09, 2023
Why Two-Thirds of Millennials Just Love Their Digital Wallets
Millennials, born between 1981 and 1996, are the youngest entire generation who have fully reached adulthood. As well, they are the first of what we would consider to be “technology...
April 09, 2023
SPAC Companies Heave Under Billions of Goodwill Write-Downs
The recent wave of SPAC mergers led to billions in goodwill write-offs last year. The trend — reported recently by The Wall Street Journal — illustrates the cost companies paid...
April 07, 2023
JPMorgan CEO Says Banking Crisis Adds to Recessionary Pressures
The recent banking crisis has increased the chances of a recession, JPMorgan Chase CEO Jamie Dimon told CNN. The crisis is “just like another weight on the scale” adding to...
April 07, 2023
Real-Time Payments Gives Consumers Better Way to Manage Paying Bills
United States households pay more than $3 trillion in bills each year, including mortgage, rent, auto loans, utilities, cable and a host of other services, according to a recent report....
