November 02, 2023
Installment Plans Ease Holiday Financial Stress of Inflation
As consumers struggle with tight finances, particularly during the holiday season, access to installment plans like buy now, pay later (BNPL) has become a popular financial management tool. This trend...
November 02, 2023
David’s Bridal President on Plan to ‘Tie the Knot’ With...
David’s Bridal, a key player in the world of wedding attire, started its journey down the aisle in 1950, founded by David Reisberg. Over the years, it’s had its fair...
November 01, 2023
Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million
Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of $1.5 billion. This has made...
November 01, 2023
US Senators Call For Antitrust Probe into ExxonMobil & Chevron...
A group of Democratic Senators, led by Senate Majority Leader Chuck Schumer, has issued a call for a comprehensive investigation into two colossal acquisitions in the oil industry. ExxonMobil’s $59.5...
October 31, 2023
LendingTree: Consumers Seek Loans but Credit Availability Has Contracted
LendingTree continued to be affected by high interest rates and consumers having difficulty accessing credit in the third quarter. During the quarter ended Sept. 30, the online lending marketplace’s revenue totaled...
October 31, 2023
UK BNPL Use Jumps 10% Amid Cost-of-Living Crisis
England’s cost-of-living crisis has fueled a surge in buy now, pay later (BNPL) use. New research by the country’s Financial Conduct Authority (FCA) shows a 10% increase in use of the installment...
October 31, 2023
Rewards Drive Higher Credit Card Use Among Boomers and Seniors
Baby boomers and seniors — consumers born before 1965 — were the first generations to have access to credit cards, back to the 1960s and ‘70s. That is the reason...
October 31, 2023
Bloom Credit Unveils Credit-Building Tool for Renters
Financial wellness platform Bloom Credit launched a credit reporting service for rental payment data. The company debuted a service that allows rental apps to report rent payments to the three...
October 30, 2023
‘Crypto Sleuths’ Query Alameda Research’s Tether Transactions
FTX founder Sam Bankman-Fried’s criminal trial has reignited another mystery. As Bloomberg News reported Monday (Oct. 30), “crypto sleuths” are examining the relationship between FTX’s sister company Alameda Research and stablecoin...
