Editor’s Picks

CFPB Wants Credit Reporting Standards in BNPL Sector

CFPB Wants Credit Reporting Standards in BNPL Sector
CFPB Wants Credit Reporting Standards in BNPL Sector
June 16, 2022  |  BNPL

The Consumer Financial Protection Bureau (CFPB) published a blog post on Wednesday, June 15, indicating that Buy Now, Pay Later (BNPL) lenders and Nationwide Consumer...

READ MORE >
Robinhood’s Cash Pile Eroding as Shares Slide to New Lows 
Robinhood’s Cash Pile Eroding as Shares Slide to New Lows 
June 16, 2022  |  Investments

The pandemic-driven heyday is over for no-fee online stock trading startup Robinhood, whose market value is eroding as quickly as the cash on its balance...

READ MORE >
Bain-Led, $350M Funding Round Signals Next-Gen Food Delivery Has Arrived
Bain-Led, $350M Funding Round Signals Next-Gen Food Delivery Has Arrived
June 15, 2022  |  Investments

As consumers increasingly expect to get their needs met on demand, food delivery is evolving beyond the aggregator. Get the Full Story Complete the form...

READ MORE >
Is Tether Stablecoin Due for $80B Day of Reckoning?
Is Tether Stablecoin Due for $80B Day of Reckoning?
June 15, 2022  |  Cryptocurrency

Tether’s day of reckoning could be approaching, and if the top stablecoin issuer cannot calm years-long doubts about the state of the cash reserves backing...

READ MORE >
PayPal Answers Apple with BNPL Expansion
PayPal Answers Apple with BNPL Expansion
June 15, 2022  |  BNPL

The buy now, pay later (BNPL) space is relatively young. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
Crypto Crisis Evokes 1998 Hedge Fund Crash that Crippled Market
Crypto Crisis Evokes 1998 Hedge Fund Crash that Crippled Market
June 15, 2022  |  Cryptocurrency

When a top investor with a deep hedge fund background says the tumbling cryptocurrency market is starting to feel “a little bit like a Long...

READ MORE >
Spike in Friendly Fraud Triggers Review of Chargeback Mechanisms
Spike in Friendly Fraud Triggers Review of Chargeback Mechanisms
June 15, 2022  |  Cybersecurity

First-party misuse — known as “friendly” fraud — can be difficult to detect, and reducing it is a delicate matter of telling true policy abusers...

READ MORE >
Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution
Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution
June 15, 2022  |  Retail

U.S. retail sales unexpectedly fell 0.3% in May from a downwardly revised 0.7% pace in April, extending a four-month slowdown and delivering the strongest proof...

READ MORE >