October 10, 2023
Kleinfeld Encourages Brides to Say ‘I Do’ to Debt-Free Weddings
If you’ve planned a wedding or had the privilege of being a guest at one, you’re already aware of the substantial costs associated with such an event. The cost of...
October 10, 2023
Altman-Backed Slope’s Bid to Create GPT Business Payments
The business-to-business (B2B) payments economy represents a $125 trillion opportunity for the right innovation to unlock. But those trillions of dollars being shuffled around between businesses don’t sit lightly — and...
October 09, 2023
Trouble May Be Brewing for Store Card Segment as Delinquencies...
Store credit cards — the closed-looped offerings tied to certain merchants — may signal tougher times ahead. The rising costs of credit and the rising tide of delinquencies point to...
October 09, 2023
Combining Old and Newer Technologies Helps Banks Fight Rising Fraud
Fraud has surged at an unsettling pace in recent years, with young consumers and financially strained individuals being disproportionately targeted by bad actors. This is one of the key findings...
October 09, 2023
Pinterest Shares Dip 1% in Pre-Market Trading Amid Insider Selling
Pinterest shares dipped a little over 1% in pre-market trading Monday (Oct. 9). This happened despite Wells Fargo adding the social media site to its Signature Picks portfolio, Seeking Alpha...
October 09, 2023
Why Consumers Don’t Care About Monthly CPI – and Why...
No one really knows the origin of the phrase “seeing is believing.” The Oxford Dictionary traces its English language roots to 1609. Others say that it was the Ancient Greeks...
October 09, 2023
Fed’s Credit Data Shows Puts and Takes, but Loading Up...
Individuals and households are paying down at least some of their debt — bringing the “headline” consumer credit number down a bit. But the devil’s in the details, and the...
October 08, 2023
Older Americans Help Drive Consumer Spending Power
America has the highest percentage of older people in at least a century. And that fact, The Wall Street Journal reported Sunday (Oct. 8) may have helped consumer spending to...
October 08, 2023
Metro Bank Secures $1.1 Billion From Investors
England’s Metro Bank has reportedly secured $1.1 billion from investors following a rocky week. As Bloomberg News reported Sunday (Oct. 8), the funding package is comprised of a £325 million capital raise, comprising...
