Scotiabank is introducing a new product, Scotia SelectPay, that gives customers the power to turn their credit card balances into preset monthly installments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Back in May, the Federal Reserve Bank of New York told of a “confounding” slide in credit card debt amid increased spending. Yet the darling buds of May foretell growth — springtime and all that, don’t you know — and it’s been a growing season...
Credit scores took a reputational hit in the past year-plus as finances were warped by a mixture of unemployment, stimulus money, lockdown living and plain old fear. As a result, financial literacy and wellness are in the spotlight as new financial yardsticks are needed. Get...
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Amid increasing rivalry in the payments vertical in Latin America, delivery company Rappi is rolling out credit cards for Brazilian users, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
U.S. credit card companies are scrambling to get households to borrow more as families participate in the country’s economic rebound using money they saved during the pandemic rather than the fresh borrowing that usually accompanies and drives economic upticks, the Financial Times (FT) reported. Get...
Mastercard has unveiled a new credit card it says will help renters make down payments on a future home. 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...
American Express Co. and Synchrony Financial are among banks bidding for Amazon’s credit card business, which is currently handled by J.P. Morgan Chase, Bloomberg reported on Wednesday (June 9), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As economies reopen, businesses hire and the worst of the pandemic seems to be behind us, consumers are getting ready to resume spending – on their cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
