loans

Krea and Klarna Tout Success of SME Loan Program

Krea and Klarna Tout Success of SME Loan Program
Krea and Klarna Tout Success of SME Loan Program
October 26, 2022  |  Loans

Swedish FinTechs Krea and Klarna said Wednesday (Oct. 26) that their partnership has helped small and medium-sized enterprises (SMEs) in that country receive larger loan...

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Amex Reserves $387M for Bad Loans as Inflation’s Bite Continues
Amex Reserves $387M for Bad Loans as Inflation’s Bite Continues
October 21, 2022  |  Credit Cards

American Express said Friday (Oct. 21) that it had put aside more money for delinquent loans than anticipated, another red flag for U.S. consumer health....

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Addressing America’s Financial Health Crisis
Addressing America’s Financial Health Crisis
October 19, 2022  |  Opinion

In the new PYMNTS eBook, “What’s Your Plan? Payments Strategies for a Strong 2022 Finish,” LendingClub SVP and Financial Health Officer Anuj Nayar says providing...

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Goldman’s Marcus Logs $110B in Deposits as Digital Bank Refocuses
Goldman’s Marcus Logs $110B in Deposits as Digital Bank Refocuses
October 18, 2022  |  Earnings

Amid the macro headwinds, Goldman Sachs’ digital bank is a work in progress. Get the Full Story Complete the form to unlock this article and...

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BofA, AmEx Report Rising Credit Card Delinquencies
BofA, AmEx Report Rising Credit Card Delinquencies
October 17, 2022  |  Credit Cards

Credit card delinquency rates in the U.S. are slowly creeping upward, Bank of America and American Express reported Monday (Oct. 17). Get the Full Story...

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ACI Worldwide, Constant Team to Promote Consumer Digital Engagement
ACI Worldwide, Constant Team to Promote Consumer Digital Engagement
October 12, 2022  |  Partnerships

Payments software company ACI Worldwide has formed a partnership with Constant, a FinTech that makes self-service loan management software. Get the Full Story Complete the...

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Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
October 11, 2022  |  Banking

Bank loan-loss reserves are expected to increase for the third month in a row to as much as $4.5 billion as the nation’s six largest...

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Addressing Government Assistance Pain Points for Small Business
Addressing Government Assistance Pain Points for Small Business
October 05, 2022  |  Money Mobility

In this month’s “Money Mobility Tracker®,” PYMNTS analyzes why the record surge in stimulus checks made clear why governments need the ability to make digital...

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