consumer finances

Earnings Season Underscores Banking’s Shift to Mobile and Digital Channels

Earnings Season Underscores Banking’s Shift to Mobile and Digital Channels
Earnings Season Underscores Banking’s Shift to Mobile and Digital Channels
April 23, 2025  |  Digital-First Banking

In the landmark PYMNTS Intelligence study “How the World Does Digital,” thousands of consumers across 11 countries crystallized the continued shift to banking online, especially through...

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Synchrony CEO: Credit Metrics Strong as Consumers ‘Are Being Disciplined’
Synchrony CEO: Credit Metrics Strong as Consumers ‘Are Being Disciplined’
April 22, 2025  |  Earnings

Synchrony Financial’s first-quarter results indicated that consumers are pulling back on spending, particularly for larger ticket items, and have taken steps to pare down their...

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Alternative Data Boosts Credit Access as New Legislation Emerges
Alternative Data Boosts Credit Access as New Legislation Emerges
April 21, 2025  |  Financial Inclusion

Roughly two years ago, PYMNTS Intelligence, working in collaboration with Sezzle, found that 80 million U.S. consumers lacked reliable access to credit, which means that...

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Fidelity Launches IRA That Allows Direct Investments in Crypto
Fidelity Launches IRA That Allows Direct Investments in Crypto
April 02, 2025  |  Cryptocurrency

Fidelity Investments has launched a new IRA plan that lets investors directly invest in crypto, including bitcoin, ether and litecoin. Get the Full Story Complete the...

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From 1960s Tech to 2025 Transactions: The Infrastructure Leap Powering BNPL’s Boom
From 1960s Tech to 2025 Transactions: The Infrastructure Leap Powering BNPL’s Boom
March 31, 2025  |  BNPL

As this week’s “Pay Later Unpacked” virtual event draws to a close, we’ve heard a lot from the consumer-facing side of the house, as consumers...

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Why Mobile Banking at Credit Unions Demands More Than an App Refresh
Why Mobile Banking at Credit Unions Demands More Than an App Refresh
March 25, 2025  |  Credit Unions

For credit unions, the move toward becoming “smarter” digital financial service providers entails embracing several strategic and technological shifts.  Get the Full Story Complete the...

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Chime Adds ‘Instant Loans’ for Preapproved Members to Banking App
Chime Adds ‘Instant Loans’ for Preapproved Members to Banking App
March 21, 2025  |  Loans

Chime has launched a product called Instant Loans that enables preapproved Chime members who receive direct deposits to their Chime Checking Account to access three-month installment...

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Reporting BNPL Performance to Bureaus May Broaden Pool of Credit-Worthy Consumers
Reporting BNPL Performance to Bureaus May Broaden Pool of Credit-Worthy Consumers
March 21, 2025  |  Consumer Finance

PYMNTS Intelligence has detailed that consumers opt for buy now, pay later (BNPL) plans because they’re convenient and accessible. More than half of the individuals...

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White House Faces Opposition to Efforts to Reduce CDFI Fund
White House Faces Opposition to Efforts to Reduce CDFI Fund
March 20, 2025  |  Politics

White House efforts to cut spending on a low-income lending program, the Community Development Financial Institutions Fund (CDFI Fund), are reportedly encountering opposition. Get the Full Story...

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