September 13, 2023
Can Prize-Linked Savings Accounts Help Consumers Play Their Way to...
In light of today’s challenging macro environment, Americans’ savings accounts may need some saving themselves. Inflation is top of mind for increasingly embattled consumers, with PYMNTS Intelligence finding that nearly three...
September 12, 2023
Overdrafts Add to Consumers’ Financial Burden as Personal Bankruptcies Rise
The United States is grappling with record-high consumer credit card debt of over $1 trillion, raising concerns about credit insecurity for both consumers and providers. As a result, a significant...
September 11, 2023
JPMorgan Chase CEO Criticizes Capital Rules Proposed by US Regulators
Jamie Dimon, the chairman and CEO of J.P. Morgan Chase & Co., has reportedly voiced his criticism of the stricter capital rules proposed by U.S. regulators. Speaking at a conference in...
September 11, 2023
Bidding Process Underway for Potential Revival of FTX
FTX Group is reportedly set for a potential revival. The defunct cryptocurrency exchange’s estate has reached out to over 75 potential bidders since May, and several bids have already been...
September 11, 2023
ABC Finance Launches Platform to Connect Business Owners With Lenders
ABC Finance has introduced an invoice finance comparison tool that quickly connects business owners with lenders who meet their funding requirements. This platform was developed to fix the flaws and pain points in...
September 08, 2023
Consumer Expenditures Leap 9% in 2022 as ‘Everyday’ Spend Grows...
The year 2022 marked a continued emergence from the pandemic, and new data show just how much — and how fast — we spent our take home pay to keep...
September 07, 2023
Mystery Box Mystique Keeps 20% of Gen Z Subscribers Signed...
Consider it another form of splurge for the young generation, which represents an oversized share of segment subscribers. Mystery boxes, where subscribers get “surprised” with items focused around themes ranging from Star...
September 07, 2023
Corcentric Unveils AR Management Tool in France
Procurement and billing solutions firm Corentric has launched its Managed Accounts Receivable (AR) solution in France to help eliminate issues that challenge AR departments. According to Xavier Pierre-Bez, vice president of business and...
September 07, 2023
FDIC Chairman Says Banking Industry Remained Resilient in Q2
The banking industry remained resilient while encountering a mix of challenges and positive developments in the second quarter, according to the Federal Deposit Insurance Corporation (FDIC). Despite a decrease in...
