debt

Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.

Source: en.wikipedia.org

Physical Merchants Get Assist In Riding BNPL Wave

Physical Merchants Get Assist In Riding BNPL Wave
Physical Merchants Get Assist In Riding BNPL Wave
March 08, 2021  |  BNPL

Let’s enter the payments wayback machine. It’s 2007. “Shrek” and “Harry Potter” rule the box office. Beyonce dominates the pop charts. The iPhone is a...

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Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
March 02, 2021  |  Legal & Regulation

Rohit Chopra, President Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB), plans to go to bat for Americans struggling with debt amid...

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Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
February 17, 2021  |  Debt

According to a new report from the Federal Reserve, total household debt rose to $14.56 trillion in the fourth quarter of 2020, an increase of...

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Biden’s CFPB Focuses On Debt Collection As Early Priority
Biden’s CFPB Focuses On Debt Collection As Early Priority
February 08, 2021  |  Legal & Regulation

Every new presidential administration gets to make its imprint on regulations — and by extension, the financial services industry. In the midst of grappling with...

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US CFOs Consider How To Use Cash Reserves
US CFOs Consider How To Use Cash Reserves
January 20, 2021  |  B2B Payments

U.S. finance chiefs aren’t sure what to do with the massive borrowed cash piles they’ve accumulated for pandemic relief, the Financial Times (FT) reported. The...

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NYC Renters Fall More Than $1 Billion Behind In COVID Economy
NYC Renters Fall More Than $1 Billion Behind In COVID Economy
January 14, 2021  |  Real Estate

As the pandemic continues to bash the economy, all too many New York City apartment dwellers simply can’t pay the rent. The result, according to...

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Today In B2B: UK Debt Collectors Eye SMB Aid Recovery; ActiveWorx Launches B2B Payments Optimization Tool
Today In B2B: UK Debt Collectors Eye SMB Aid Recovery; ActiveWorx Launches B2B Payments Optimization...
January 08, 2021  |  B2B Payments

Today in B2B payments, ActiveWorx launches its B2B payment optimization tool, while PayJunction debuts an eInvoicing feature. Plus, U.K. debt collectors seek a bigger role...

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UK Debt Collectors Want More To Do With Unpaid COVID Debts
UK Debt Collectors Want More To Do With Unpaid COVID Debts
January 07, 2021  |  B2B Payments

U.K. debt collectors want the government to give them a bigger role in recovering the debts from the 44-billion-pound (about $60 billion) business rescue program,...

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