With the new additions of Figure Technology Solution and Klarna, the FinTech IPO Index saw a healthy jump, adding 3.6% through the week. The Fed,...
Watch more: Need to Know Digital disruption has rewired expectations across industries, and in consumer finance, the old playbook of transactional credit programs is becoming...
The U.S. Federal Reserve’s quarter-point interest rate cut, a move widely expected after months on pause, offers a glimmer of hope for U.S. households, but...
Klarna made its expected big splash on Wednesday (Sept. 10) with its New York Stock Exchange debut, raising roughly $1.37 billion at an IPO price...
It seems logical: The more income you have, the more you can control your financial life by strategically planning spending and saving and avoiding playing...
Consumers in August loaded up on revolving debt, a category that includes credit cards, as they reversed a slowdown, and in some cases, paydowns, on...
What if the biggest risk to your credit portfolio isn’t economic, but psychological? “Consumer Credit Economy: Strategy vs. Spontaneity—Navigating the Great Credit Divide,” a new...
Credit card delinquencies among American consumers reportedly crept up slightly last month. The average delinquency rate, which measures late payments, rose to 2.66% in July...
U.S. credit card delinquencies and charge-offs are now higher than they were before COVID. That’s according to findings published Saturday (July 26) by Seeking Alpha,...