A fundamental shift in consumer financial behavior is redefining the landscape for banking institutions, revealing that even high income doesn’t guarantee proactive money management when...
The latest reading on inflation shows an overall easing in the pace of price increases. The data released Wednesday (June 11) from the Bureau of...
Citigroup is reportedly preparing for a possible decline in consumer financial health by putting aside more provisions for potential losses on loans. “Given the macro environment,...
Earlier this year, PYMNTS Intelligence detailed the ways in which pay later plans — and buy now, pay later (BNPL) offerings in particular — have...
Financial institutions and merchants face a persistent challenge: enabling consumers to navigate the inevitability of large, unplanned expenses without undue friction or financial strain. From...
Despite significant systemic barriers, consumers classified as subprime remain active participants in the credit market, seeking both traditional products and alternative options to manage finances...
Stash has secured $146 million in a Series H funding round to deepen its investment in artificial intelligence (AI) for its financial guidance platform. “For...
Rising student loan defaults could reduce consumer spending by as much as $63 billion a year, according to Bloomberg Economics. After five years of there being...