The worlds of private credit and buy now, pay later (BNPL) loans are increasingly interlinked. And as Bloomberg News reported Sunday (June 28), the overlap between these...
The Consumer Financial Protection Bureau (CFPB) said Wednesday (June 24) that it has made several changes to improve its consumer complaint process, which has been made less effective...
A notable shift is showing up in the finances of subprime consumers: fewer of them are regularly carrying credit card balances month after month, suggesting...
Millennials are moving through their prime earning, spending and household-forming years with unusual economic weight. More than 74 million strong, millennials already account for nearly...
Travel-focused credit card company Karta has raised $140 million in new funding. The new financing, announced Wednesday (June 17), came in the form of a $15 million Series A...
Call it the trillion-dollar question, focused on the U.S. consumer: How much longer can spending keep outpacing the economic headlines? The latest Federal Reserve consumer...
Installment lending was once framed as a way to broaden access to credit. According to a PYMNTS Intelligence April report, “The Pay Later Data Shift:...
A new PYMNTS Intelligence report suggests the most important shift in consumer credit may not be happening among prime borrowers at all. The report, “Who...
Watch more: What’s Next in Payments With Boost Payment Solutions’ Dean M Leavitt Payments leaders would be forgiven for equating the word “legacy” with old...