(source: en.wikipedia.org)
Three-quarters of Main Street businesses say they would close within 60 days of a cash crunch. Consumer spending may be up, but so are prices, forcing consumers to...
Versatile Credit, Nationwide Marketing Group (NMG) and Wells Fargo have partnered to launch The Finance Hub, a consumer financing portal for merchants. This new collaboration provides a comprehensive, tailored...
Inflation may be cooling but it still pressures consumers. And, as PYMNTS has found in recent months, individuals are turning more frequently to their credit...
American banks reported nearly $19 billion in loan losses during the second quarter. As the Financial Times reported Wednesday (Aug. 9), the $18.9 loan-loss rate...
Momnt and Acorn Finance have teamed to offer a lending solution for home improvement merchants. The collaboration combines Acorn’s direct-to-consumer (D2C) lending platform with Momnt’s embedded financing offering...
It’s reportedly a good time to be a “shadow bank” in India. These nonbanks are seeing a flood of investor money amid rising credit demand...
Earnings season, as always, offers up data points for Wall Street to parse — net income per share, buybacks and top-line growth. The companies forging...
Chris Hendrickson, senior vice president of small business strategy at Comerica, and Scott Steinberg, chief product officer and chief operating officer of Enigma, said a multidimensional underwriting process...
Banks are continuing to tighten their terms on commercial and industrial loans. The proportion of U.S. banks tightening their terms on such loans for medium...