August 28, 2023
FinTechs Throw Lifeline to Subprime-Borrowing Consumers
Consumers with low credit scores may find assistance in their uphill battle toward greater financial security. Financial stumbles may have long-lasting impacts on consumers whose credit scores have been affected...
August 25, 2023
Two-Thirds of Households With Children Live Paycheck to Paycheck
Essential expenses for working caregivers can consume more than one-third of young families’ budgets. The cost of raising children heavily impacts families with dependents too young to enter school, threatening...
August 24, 2023
Waystar Plans to Take Healthcare Payments Company Public
Healthcare payments firm Waystar Technologies is ready to become a public company. Waystar announced Thursday (Aug. 24) that parent company Waystar Holdings had confidentially submitted a draft registration statement with the U.S. Securities and...
August 24, 2023
Trustly and Sergel Partner to Streamline Recurring Payment Plans
Trustly has joined forces with Sergel to provide users with a simple and reliable way to manage regular payments and installment plans. Trustly’s payment solution now allows the users of Sergel’s credit management...
August 24, 2023
Fed Data Shows Pressure Building in Consumer Lending
The Federal Reserve’s latest data on how loan performance at all banks is faring found pockets of resilience — and, perhaps, pockets of concern. Household debt has reached a staggering $17 trillion,...
August 24, 2023
Silicon Valley Bank and the Changing Structure of Banking
Starting in March 2023, the U.S. banking sector experienced the failure of several major banks, and the entire industry was threatened with a crisis. Rising interest rates over the previous...
August 24, 2023
Merchants Buck Discretionary Spending Pressures by Making Subscriptions ‘Essential’
Subscription firms face pressures they wouldn’t have expected just a few months ago. Brian Bogosian, CEO of sticky.io, told Karen Webster in an interview that the success of recurring subscriptions —...
August 23, 2023
WeWork Faces Warrants Delisting After Hitting ‘Abnormally Low’ Price Levels
WeWork says it expects its warrants to be delisted from the New York Stock Exchange (NYSE). The troubled co-working company announced Tuesday (Aug. 22) that the trading on the company’s warrants...
August 23, 2023
BlockFi Says FTX and Three Arrows Don’t Deserve Repayment
Bankrupt cryptocurrency lender BlockFi said two other failed crypto firms aren’t entitled to its money. In bankruptcy court documents filed this week, the company made arguments about why FTX and Three Arrows Capital (3AC) shouldn’t get what they...
