Bank of America saw a 16% year-over-year increase in total consumer payments in February to $294 billion among its 67 million clients, according to a...
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U.S. consumer borrowing saw an uptick in January, though at the slowest pace in a year, with households paying down credit card balances after the...
Having endured two years of COVID, waves of lockdowns, a mash-up of mask mandates, sporadic business restrictions, extensive wage and labor challenges and more, the...
LendingClub financial health officer Anuj Nayar told PYMNTS: “I hate to say this, but the 61% number that we reported as the percentage of consumers...
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Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Retailers that cater to younger consumers must realize that BNPL not only drives bigger tickets but also keeps shoppers coming back for more. In PYMNTS’...