credit

US Household Debt Increased $333B in Q4 of 2021

US Household Debt Increased $333B in Q4 of 2021
US Household Debt Increased $333B in Q4 of 2021
February 08, 2022  |  Debt

Total U.S. household debt increased 2.2%, or $333 billion, to $15.58 trillion in the fourth quarter of 2021, according to a Tuesday (Feb. 8) press...

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Expensify Lands $100M Credit Facility From CIBC Innovation Banking
Expensify Lands $100M Credit Facility From CIBC Innovation Banking
February 07, 2022  |  Investments

CIBC Innovation Banking has provided $100 million as a credit facility to Expensify, a payments super app helping people manage money, the companies announced Monday...

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Sumitomo Mitsui Credit Facility Helps Lafayette Square Invest in Underserved Businesses
Sumitomo Mitsui Credit Facility Helps Lafayette Square Invest in Underserved Businesses
February 03, 2022  |  Investments

Investment firm Lafayette Square and its affiliates on Thursday (Feb. 3) signed a debt financing deal in the form of a credit facility of up...

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Top Credit Card Apps Retain Their Spots in Monthly Ranking
Top Credit Card Apps Retain Their Spots in Monthly Ranking
February 03, 2022  |  Mobile Applications

Since issuers check out our creditworthiness before extending credit, it’s only fair that we take a close look at their apps as well. The PYMNTS...

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Newt to Launch Credit, Debit Cards With Element Bank
Newt to Launch Credit, Debit Cards With Element Bank
February 01, 2022  |  Credit Cards

Digital payments platform Newt Corporation has inked an agreement with Element Bank to issue branded credit and debit cards in Mexico, the company announced Tuesday...

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Waning Consumer Sentiment May Give Tailwinds for Debit, BNPL Spending
Waning Consumer Sentiment May Give Tailwinds for Debit, BNPL Spending
February 01, 2022  |  Consumer Insights

Perception, as they say, is everything. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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The BNPL Innovation That Pure Plays Unlocked and Banks Are Missing
The BNPL Innovation That Pure Plays Unlocked and Banks Are Missing
January 31, 2022  |  BNPL

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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Sezzle Sees 3.4 Million Active Consumers for Its BNPL; Merchant Use Up 76% YOY
Sezzle Sees 3.4 Million Active Consumers for Its BNPL; Merchant Use Up 76% YOY
January 31, 2022  |  BNPL

Sezzle reported in its fourth quarter earnings that it had seen a 76% increase in active merchants year over year. Get the Full Story Complete...

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Brooks Brothers Extends Credit Card Alliance with Citi
Brooks Brothers Extends Credit Card Alliance with Citi
January 28, 2022  |  Credit Cards

Brooks Brothers and Citi Retail Services are extending their consumer credit card alliance in a collaborative drive to revolutionize omnichannel payment options, according to a...

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