To say it’s been an eventful week for the Consumer Financial Protection Bureau might be an understatement. Last weekend, President Donald Trump fired CFPB Director...
A significant segment of the U.S. population — approximately 53 million individuals — remains outside the traditional credit card ecosystem. These “credit card outsiders” encompass...
For Equifax, macro headwinds from a job market slowdown and the volatile mortgage market — where uneven loan demand has been a hallmark amid relatively...
Consumers can’t spend money they don’t have, and right now, many are running out of cash. The lenders that win are the lenders that give...
FinTech company FIS said Tuesday (Feb. 4) that it is now certified to enable send capabilities for credit transfers in the FedNow® Service. By offering...
Credit products are changing, with personal loans, embedded finance, and buy now, pay later (BNPL) gaining traction. According to a PYMNTS Intelligence report, “BNPL and...
Only a few weeks into the current earnings season, and top-line momentum and commentary from firms, including banks and the payment networks, have all pointed...
Upbound Group, owner of Rent-A-Center and Acima, has completed its purchase of Brigit. The deal, finalized Friday (Jan. 31), adds Brigit’s financial health technology to Upbound’s...
Steady-to-declining interest rates. Inflation under 3%. A relaxed attitude to regulation in D.C. As the Wall Street Journal (WSJ) points out in a report Friday (Jan. 31),...