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Citi Warns Of Pressure On Consumer Spending, Looks For Digital Growth Opportunities

Citi Warns Of Pressure On Consumer Spending, Looks For Digital Growth Opportunities
Citi Warns Of Pressure On Consumer Spending, Looks For Digital Growth Opportunities
October 13, 2020  |  Earnings

Citigroup’s Q3 earnings report on Tuesday (Oct. 13) indicated that things are looking a bit stronger than expected in the results department, as the firm...

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JPMorgan, Citi Earnings Hint At (Some) Optimism On Credit Losses
JPMorgan, Citi Earnings Hint At (Some) Optimism On Credit Losses
October 13, 2020  |  Earnings

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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Nigerian Economy Gets Boost In IFC Credit Deal With Union Bank
Nigerian Economy Gets Boost In IFC Credit Deal With Union Bank
October 12, 2020  |  B2B Payments

The International Finance Corporation (IFC) has extended a $40 million credit facility to Nigeria’s Union Bank to spur trade as the key African country is...

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Herman Miller On Tapping Automation To Thwart Fraud Threats
Herman Miller On Tapping Automation To Thwart Fraud Threats
October 12, 2020  |  Next-Gen Debit

Consumers are using debit cards to buy big-ticket furniture pieces online and transform their homes into home offices. In the Next-Gen Debit Tracker, Ben Groom,...

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Fixing A Credit-Data Dearth That’s Hurting Lending More Than COVID-19
Fixing A Credit-Data Dearth That’s Hurting Lending More Than COVID-19
October 09, 2020  |  Credit Cards

The pandemic has cast a chill across the loan process, but Matt Harris, co-founder and CEO of Bloom Credit, told PYMNTS that a lack of...

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Today In Payments: Big Tech Slams House Antitrust Report; Credit Card Borrowing Falls
Today In Payments: Big Tech Slams House Antitrust Report; Credit Card Borrowing Falls
October 08, 2020  |  News

In today’s top news, Big Tech slammed the House antitrust report, and credit card debt has fallen for the sixth consecutive month. Plus, Revolut launches...

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Americans Pull Back On Credit Card Borrowing
Americans Pull Back On Credit Card Borrowing
October 07, 2020  |  Economy

Americans cut their credit card balances in August for the sixth consecutive month, the Federal Reserve System reported Wednesday (Oct. 7). Get the Full Story...

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Razer Fintech, Visa Pitch New Prepaid Card To Young Adults In Singapore
Razer Fintech, Visa Pitch New Prepaid Card To Young Adults In Singapore
October 06, 2020  |  Payment Methods

Razer Fintech and Visa have unveiled a new prepaid card, dubbed the Razer Card, now in its test phase. The Singapore-based financial technology company said...

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Venmo Launches Credit Card Featuring User QR Codes
Venmo Launches Credit Card Featuring User QR Codes
October 05, 2020  |  Payment Methods

Venmo, the mobile payment service owned by PayPal, announced Monday (Oct. 5) it has introduced its first-ever credit card issued by Synchrony and powered by...

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