Interest Rates

Fed Chairman Has Had Meetings With Lawmakers, White House, Bankers

Fed Chairman Has Had Meetings With Lawmakers, White House, Bankers
Fed Chairman Has Had Meetings With Lawmakers, White House, Bankers
July 09, 2018  |  Legal & Regulation

Federal Reserve Chair Jerome Powell is taking a different approach to meetings, spending more time with lawmakers, White House Advisors, and banks than Janet Yellen,...

READ MORE >
SoFi Talking To Banks About $500M Line Of Credit For Buys
SoFi Talking To Banks About $500M Line Of Credit For Buys
July 03, 2018  |  Banking

Social Finance, the online lender, has been holding talks with banks during the past few weeks in an effort to raise around $500 million in...

READ MORE >
America’s Expanding Debt Footprint (And What It Really Means)
America’s Expanding Debt Footprint (And What It Really Means)
June 26, 2018  |  Alternative Credit

When the Great Recession kicked off a decade ago, for a brief but memorable time, it seemed as though credit in the United States was...

READ MORE >
Kroger Looks To Alter Payment Terms
Kroger Looks To Alter Payment Terms
June 26, 2018  |  B2B Payments

Food for thought: Can Kroger reinvent payment terms along the produce part of its business? Get the Full Story Complete the form to unlock this...

READ MORE >
Banks Lure Deposit Customers With Increased Cash Bonuses
Banks Lure Deposit Customers With Increased Cash Bonuses
June 25, 2018  |  Bank Regulation

Rising interest rates on the part of the Federal Reserve for the past few years hasn’t prompted a lot of banks to raise the rates...

READ MORE >
Credit Card Business Becoming Less Profitable Thanks To Costs, Loan Losses
Credit Card Business Becoming Less Profitable Thanks To Costs, Loan Losses
May 17, 2018  |  Debt

Credit card companies, faced with an increase in costs associated with rewards and rising loan losses, have become less attractive after years of being one...

READ MORE >
NY Rep Tries Again With Small Business Credit Card Act
NY Rep Tries Again With Small Business Credit Card Act
May 02, 2018  |  B2B Payments

Acknowledging Small Business Week, New York Congresswoman Nita Lowey (D-NY12/Rockland-Westchester) introduced legislation into Congress to expand consumer credit card protections for small businesses. Get the...

READ MORE >
UK Corporates Brace For Weaker Sterling, Slower Economic Growth
UK Corporates Brace For Weaker Sterling, Slower Economic Growth
April 30, 2018  |  B2B Payments

Market volatility and uncertainties linked to Brexit seem to have hit corporate spending in the U.K. harder than expected, reports in Reuters said Friday (April...

READ MORE >