Fifteen months after it was announced, Capital One’s $35 billion acquisition of Discover is official. The deal, finalized Sunday (May 18), creates the largest credit...
Lithic has expanded its card issuing platform to enable FinTechs operating in the United States to issue cards on the American Express network. This addition...
In 2022, as the pandemic waned, PYMNTS Intelligence found that only about 9% of consumers used digital banks for their primary financial relationships and accounts....
The latest data on household debt from the Federal Reserve Bank of New York, released Tuesday (May 13), indicated that consumers paid down some of...
A car loan can turn out to be a green light, red light moment for millions of Americans. While consumers in the United States spend...
New research from Bank of America (BofA) shows consumer spending slowing for all income levels. That data, released by the Bank of America Institute on...
All businesses want to increase the profitability of, and lengthen, the customer relationship — extending the customer lifetime value (CLTV). In doing so, they sidestep...
It looks like the paydowns on debt, for most U.S. households, were just a temporary lull. Last month, PYMNTS reported that consumers had cut down...
Fidelity National Information Services (FIS) said during a Tuesday (May 6) first-quarter earnings report that it continues to see strong demand from banks to modernize...