credit

CFPB Wants Credit Reporting Standards in BNPL Sector

CFPB Wants Credit Reporting Standards in BNPL Sector
CFPB Wants Credit Reporting Standards in BNPL Sector
June 16, 2022  |  BNPL

The Consumer Financial Protection Bureau (CFPB) published a blog post on Wednesday, June 15, indicating that Buy Now, Pay Later (BNPL) lenders and Nationwide Consumer...

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Even High Earners Tapping Credit Lines Now to Offset Impact of Inflation
Even High Earners Tapping Credit Lines Now to Offset Impact of Inflation
June 16, 2022  |  Consumer Finance

If you were earning $250,000 per year, it seems as if you’d be insulated from the effects of inflation, but in fact, over one-third (36%)...

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Retailers Brace for Friendly Fraud’s New Seasonal Surges
Retailers Brace for Friendly Fraud’s New Seasonal Surges
June 16, 2022  |  Fraud Prevention

To quote that old song: “To everything there is a season.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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The Data Point: 44% of Consumers Say They Would Switch Merchants Over Card Surcharges
The Data Point: 44% of Consumers Say They Would Switch Merchants Over Card Surcharges
June 14, 2022  |  Credit Cards

Credit card surcharges are permissible in most states and are useful to merchants for what those fees cover, but many consumers dislike these charges even...

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BoA CFO: Consumers Are Spending ‘Robustly,’ Credit in ‘Great Shape’
BoA CFO: Consumers Are Spending ‘Robustly,’ Credit in ‘Great Shape’
June 13, 2022  |  Economy

Bank of America Chief Financial Officer Alastair Borthwick said customers continue to borrow money and to spend, Bloomberg reported, citing his remarks at a Morgan...

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No Won, No Problem: Localized Payments Connect S. Korea’s eComm Sellers to the World
No Won, No Problem: Localized Payments Connect S. Korea’s eComm Sellers to the World
June 09, 2022  |  eCommerce

At first glance, South Korea, as a market, is an eCommerce merchant’s dream. Get the Full Story Complete the form to unlock this article and...

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EMVCo: Global Circulation of EMV Chip Cards Tops 12B
EMVCo: Global Circulation of EMV Chip Cards Tops 12B
June 08, 2022  |  EMV

The circulation of EMV chip cards has increased by 1.1 billion in the past 12 months, hitting 12 billion in circulation at the end of...

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Affirm’s Plummet Could Portend Trouble for BNPL Space
Affirm’s Plummet Could Portend Trouble for BNPL Space
June 08, 2022  |  BNPL

Buy now, pay later (BNPL) has been around in some format for a very long time, but the current version hit the financial scene somewhere...

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Amex Adds Dining Credit Partners as F&B Businesses Seek to Offer Competitive Rewards
Amex Adds Dining Credit Partners as F&B Businesses Seek to Offer Competitive Rewards
June 06, 2022  |  Loyalty & Rewards

As consumer options for dining proliferate in both digital and physical spaces, food and beverage (F&B) businesses are called upon to work harder to attract...

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