credit

New Study: BNPL Gains Favor as Budgeting Tool for the Financially ‘Worry-Free’
New Study: BNPL Gains Favor as Budgeting Tool for the Financially ‘Worry-Free’
January 03, 2022  |  Buy Now Pay Later

In 2021, we became acquainted with the “second-chance consumer” who uses buy now, pay later (BNPL) alternative credit to build or rebuild FICO scores. Anther...

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FIs Rethink Credit Card Program Design as Consumers Rethink How They Use Them
FIs Rethink Credit Card Program Design as Consumers Rethink How They Use Them
December 28, 2021  |  Credit Cards

The pandemic fundamentally changed how consumers use credit cards and the long-term profits financial institutions generate from those cardholders. Get the Full Story Complete the...

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Russia Could Prevent Crypto Buys by Hindering Debit, Credit Payments
Russia Could Prevent Crypto Buys by Hindering Debit, Credit Payments
December 27, 2021  |  Cryptocurrency

To prevent people from investing in cryptocurrencies, the Central Bank of Russia is considering restricting the use of debit and credit cards at crypto exchanges,...

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Over 10% Of Credit and Debit Card Users Experienced Fraud in the Last 12 Months
Over 10% Of Credit and Debit Card Users Experienced Fraud in the Last 12 Months
December 24, 2021  |  Security & Fraud

Credit and debit card users are experiencing significant levels of fraud. Eleven percent of consumers reported an incident of fraud in connection with their digital debit...

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Banks Seek AI Platforms-as-a-Service Amid Ever-Increasing Risk
Banks Seek AI Platforms-as-a-Service Amid Ever-Increasing Risk
December 23, 2021  |  Artificial Intelligence

Sudhir Jha, senior vice president and head of Mastercard’s Brighterion unit, told Karen Webster in the most recent On the Agenda discussion that artificial intelligence...

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Fed: Pandemic Caused In-Person Card Payments to Drop by $11.7B in 2020
Fed: Pandemic Caused In-Person Card Payments to Drop by $11.7B in 2020
December 22, 2021  |  Consumer Payments

In a report released Wednesday (Dec. 22), the Federal Reserve said that payment behavior saw a massive, pandemic-driven shift in 2020. Get the Full Story...

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PayCargo Capital, Evolve Bank & Trust Offer Funding to Freight Forwarders, Cargo Owners
PayCargo Capital, Evolve Bank & Trust Offer Funding to Freight Forwarders, Cargo Owners
December 22, 2021  |  Transportation

PayCargo Capital has partnered on lending with FinTech Evolve Bank and Trust to allow freight forwarders and cargo owners to apply for and get credit...

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Buy Now, Pay Later Boom Shows Business Value of Giving Customers a Second Chance
Buy Now, Pay Later Boom Shows Business Value of Giving Customers a Second Chance
December 21, 2021  |  Buy Now Pay Later

Roughly one-quarter of Americans making anywhere from $50,000 to more than $100,000 per year have found themselves cut off from traditional credit due to past...

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FinTech OppFi Names Ex-Kiva Chief Neville Crawley as New CEO
FinTech OppFi Names Ex-Kiva Chief Neville Crawley as New CEO
December 20, 2021  |  Personnel

OppFi, a FinTech that powers banks to broaden credit access, announced Monday (Dec. 20) that effective Dec. 31, company president Neville Crawley will succeed Jared...

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