October 06, 2016
The CFPB, 5 Years In Consumer Complaints
A little over five years in, the CFPB has collected over 670,000 consumer complaints about just about any financial services-related topic there is. Beyond those raw numbers, though, what do...
October 05, 2016
Remitly Raises $38 Million, Expanding Into Seven Countries
Remitly, the independent mobile remittance company based in the United States, announced on Tuesday (Oct. 4) it received $38 million in new equity and debt financing from IFC, a member of the...
October 05, 2016
Racecar Driver Scott Tucker Owes The FTC $1.27 Billion Over...
Professional racecar driver Scott Tucker and companies he owns reportedly owe the Federal Trade Commission $1.27 billion over deceptive payday lending practices. Get the Full Story Complete the form to...
October 05, 2016
Wells Fargo Shut Out Of Illinois Bond Business; Chicago May...
The Wells Fargo fake account scandal has resulted in more fallout for the beleaguered bank — this time, with Illinois announcing a ban on bond and investment work with Wells...
October 05, 2016
iwoca Raises £21 Million From Prime Ventures, Existing Investors
Iwoca, a London-based FinTech startup, has reportedly raised £21 million from Prime Ventures and existing investors Acton Capital Partners, CommerzVentures, Global Founders Capital and Redline Capital. The startup, founded in...
October 04, 2016
Jobs To Be Slashed By European Banks
European banks have struggled since the global financial crisis, and jobs are being cut region-wide as financial institutions attempt to recoup profits in order to invest in digital technology. High...
October 04, 2016
Cardtronics Inks Deal To Buy DirectCash Payments
Cardtronics, the operator of nonbank ATMs, and DirectCash Payments announced on Monday (Oct. 3) a definitive agreement in which Cardtronics will acquire DirectCash Payments. Get the Full Story Complete the...
October 04, 2016
Wells Fargo To Pay For $163M Dumping Claim
The legal hits — via fines — keep on coming for Wells Fargo. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
October 04, 2016
As The Comment Period Comes To A Close, Legislators Diverge...
T-minus five days and counting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The “Buy Now, Pay Later Tracker®,” a PYMNTS and Afterpay collaboration, brings you the latest news and research from the buy now, pay later space. It features expert analysis of changing payment trends as well as insights from top insiders within the retail and fashion industries.
Discouragement, fear and frustration stop consumers when it comes to improving their credit scores, with at least 15% either not knowing where to begin or afraid of taking on more debt. PYMNTS Intelligence’s latest study of 2,558 consumers reveals the knowledge and tools consumers need to succeed in today’s economic environment.
Read more in “The Credit Accessibility Series: Declining Purchasing Power Pushes Consumers to Improve Credit Scores,” a collaboration with Sezzle.