credit

74% of Acquirers Say Store Card Split-Pay Plans Improve Client Satisfaction
74% of Acquirers Say Store Card Split-Pay Plans Improve Client Satisfaction
January 29, 2024  |  Payment Methods

Often as part of loyalty initiatives, brands and merchants partner with financial institutions to launch their own credit cards. These store cards or merchant-branded cards...

READ MORE >
Credit Card Delinquencies Keep Hovering Above Pre-COVID Levels
Credit Card Delinquencies Keep Hovering Above Pre-COVID Levels
January 29, 2024  |  Credit Cards

America’s credit card companies ended December with delinquencies and charge-off rates essentially unchanged from November. And as a Monday (Jan. 29) Seeking Alpha report notes,...

READ MORE >
Software Developer Platforms Put Lending Products at Top of Innovation Lists
Software Developer Platforms Put Lending Products at Top of Innovation Lists
January 26, 2024  |  Loans

The software publishing industry is starting to use digital wallets as a standard for processing transactions and lending products to facilitate payments. Thus, both digital...

READ MORE >
Capital One Sees Positives in Consumer Segments Despite Charge-Off Challenges
Capital One Sees Positives in Consumer Segments Despite Charge-Off Challenges
January 25, 2024  |  Earnings

Card delinquencies and charge-offs offer evidence of consumers struggling to meet their financial obligations. And credit card balances and delinquencies have been rising as consumer...

READ MORE >
Letters of Credit Still Relevant for Mid-Market Firms’ Working Capital Needs
Letters of Credit Still Relevant for Mid-Market Firms’ Working Capital Needs
January 25, 2024  |  Loans

The adoption of external working capital solutions continues to be widespread globally among growth corporates, commonly known as middle-market firms. This practice has enabled companies...

READ MORE >
Disposable Income Rises in Q4, but Will Consumers Keep Spending?
Disposable Income Rises in Q4, but Will Consumers Keep Spending?
January 25, 2024  |  Economy

Headline numbers reveal that the United States economy keeps growing, outpacing expectations. Although the pace of growth has been tempered a bit, there are some...

READ MORE >
Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
January 24, 2024  |  News

Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as...

READ MORE >
Shopping Beats Banking for Consumers Interested in AI-Enabled Experiences
Shopping Beats Banking for Consumers Interested in AI-Enabled Experiences
January 24, 2024  |  Artificial Intelligence

The introduction of artificial intelligence is changing the payments industry, transforming the way consumers pay for goods and services. AI-enabled payments offer streamlined processes, combat...

READ MORE >
Zilla Pauses BNPL Services, Focuses on International B2B Payments
Zilla Pauses BNPL Services, Focuses on International B2B Payments
January 23, 2024  |  BNPL

Zilla has paused its buy now, pay later (BNPL) services in Nigeria and shifted its focus to a new international B2B payment product called Zillawire....

READ MORE >