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NY Fed: Consumers Stick With Credit Cards as Balances Grow

NY Fed: Consumers Stick With Credit Cards as Balances Grow
NY Fed: Consumers Stick With Credit Cards as Balances Grow
November 21, 2022  |  Credit Cards

Consumer credit demand has been on the decline this year, except when it comes to new applications for credit cards. Get the Full Story Complete...

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Holiday Spending out of Reach for Millions of Households This Year
Holiday Spending out of Reach for Millions of Households This Year
November 21, 2022  |  Economy

Visions of sugarplums could be the only thing millions of Americans can count on getting during the 2022 holidays, as new PYMNTS data has uncovered...

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Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
November 18, 2022  |  Fraud Prevention

Last month, the Fed said it was officially ending debit network exclusivity across all channels. Beginning in 2023, all debit card issuers must enable merchants...

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Half of Financially Distressed Consumers Plan to Finance Holiday Purchases
Half of Financially Distressed Consumers Plan to Finance Holiday Purchases
November 16, 2022  |  Consumer Finance

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Paycheck-to-Paycheck Economy’s Gloom Is Bad News for Retailers
Paycheck-to-Paycheck Economy’s Gloom Is Bad News for Retailers
November 09, 2022  |  Economy

The paycheck-to-paycheck economy is bifurcating as inflation rages and consumers fret over an uncertain future, with one group of customers who cannot spend, and another...

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Cash-Strapped SMBs Tap Digital Tools to Ease Working Capital Challenges
Cash-Strapped SMBs Tap Digital Tools to Ease Working Capital Challenges
November 07, 2022  |  SMBs

The past few years have put the resilience of Main Street SMBs to the test, and they’re still not out of the woods. Get the...

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Block Says Goal of Cash App Is To Be Primary Bank 
Block Says Goal of Cash App Is To Be Primary Bank 
November 04, 2022  |  Mobile

With a roster of 49 million active users and a record $52 billion of inflows — including a spike in direct deposits — Cash App...

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Rising Interest Rates Spark Supplier Interest in Commercial Card Acceptance
Rising Interest Rates Spark Supplier Interest in Commercial Card Acceptance
November 02, 2022  |  B2B Payments

The payments pull and tug between buyers and suppliers has long favored those doing the buying, but that’s changing as technology takes friction and cost...

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