Small and medium-sized businesses (SMBs) have not had a moment’s rest in the last few years. After enduring a crippling pandemic, they are now navigating interest rate hikes and rising inflation, which are affecting cash flow, said Mike Randall, CEO and co-founder at Simply Asset...
Finfi has added a “save now, buy later” product to its financial wellness platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Britain’s cost of living crisis is at an all-time high as millions of households fall behind payments and struggle to make ends meet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Swiss cross-border payments network Arf has launched Arf Credit, a product designed to provide instant working capital credit lines for money service businesses (MSBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Consumer Financial Protection Bureau (CFPB) on Wednesday (April 6) reported that most payday loan borrowers haven’t benefitted from extended payment plans, which lenders must offer to borrowers in a majority of states where payday lending is prohibited, and are instead paying more rollover fees....
Traditional funding methods are seeing headwinds as new models like revenue-based financing (RBF) gain traction across the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Digital lending platform Prosper Marketplace is launching the Prosper Card to help people get a handle on their finances no matter where they fall on the credit scale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Credit Suisse says it has provided financing to two manufacturing companies using an electronic promissory note, or eNote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
It might be difficult to imagine living on less than $6 a day, but that’s the reality of 85% of the population in Saharan Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
