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FinTech IPO Index Gains 3% as Robinhood Soars on UK Expansion
FinTech IPO Index Gains 3% as Robinhood Soars on UK Expansion
December 08, 2023  |  Fintech Investments

The FinTech IPO Index found some renewed momentum this past week, gaining 3% over a five-day stretch that saw platforms lead names to the upside....

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Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions
Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions
December 07, 2023  |  BNPL

Affirm Holdings CEO Max Levchin says the buy now, pay later (BNPL) industry offers an alternative to high-interest credit cards. This model allows customers to...

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OCC Says Banks Must Take ‘Safe and Sound’ Approach to BNPL
OCC Says Banks Must Take ‘Safe and Sound’ Approach to BNPL
December 06, 2023  |  Buy Now Pay Later

The Office of the Comptroller of the Currency (OCC) has issued a guidance to national banks and federal savings associations addressing buy now, pay later (BNPL) lending. “The OCC...

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Suburban Consumers Trail City Dwellers in BNPL Usage
Suburban Consumers Trail City Dwellers in BNPL Usage
December 06, 2023  |  Buy Now Pay Later

Suburban consumers have a weaker perception of financial stability than those in urban communities, making them an interesting target group for certain credit products with...

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US Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods 
US Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods 
December 06, 2023  |  Payment Methods

Wei Jiang, co-founder, president and COO at Citcon, told PYMNTS in a recent interview that the travel rebound is a long-standing trend — and one that...

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Report: Indian BNPL Startup ZestMoney to Wind Down Operations
Report: Indian BNPL Startup ZestMoney to Wind Down Operations
December 05, 2023  |  Buy Now Pay Later

Indian buy now, pay later (BNPL) startup ZestMoney is reportedly closing down after unsuccessful attempts to find a buyer. Once valued at $445 million, the company had...

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5 Ways Consumers Choose to Pay This Holiday Season
5 Ways Consumers Choose to Pay This Holiday Season
December 05, 2023  |  Consumer Insights

’Tis the season … … to puzzle out how to get everyone on your list, well, satisfied. Without breaking the bank. PYMNTS Intelligence data, headed...

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Credit Card Usage 20% Higher Among Indulgent Shoppers
Credit Card Usage 20% Higher Among Indulgent Shoppers
December 05, 2023  |  Consumer Finance

As people build up their savings, they tend to loosen the reins on their spending habits. In fact, it appears that a higher savings balance...

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FinTechs Grapple With Regulation Amid Pursuit of Profits
FinTechs Grapple With Regulation Amid Pursuit of Profits
December 05, 2023  |  Data

For almost all FinTechs — and especially for publicly traded firms — it has been a bumpy ride these past few years. Stock prices have...

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