Stone Ridge Asset Management told clients in one of its funds last week that it would pay investors only 11% of the amount they requested to cash out because recent redemption requests were so high, the Wall Street Journal reported Wednesday (March 18), citing an investor update. Get...
Enova International’s third quarter results, released Thursday (Oct. 23) after the market closed, showed that consumers, including subprime consumers, are managing their finances with aplomb, and that loan demand is strong. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Expanding access to credit remains one of the biggest challenges in consumer finance. Legacy systems continue to slow approvals, drive up costs, and limit access to capital. Figure Technology Solutions, in its public filing to offer about 26.3 million shares, is positioning itself as a...
Speed is becoming the defining feature of lending, and borrowers are setting the pace. With inflation pinching household budgets and emergencies around every corner, consumers no longer consider instant disbursements a perk or convenience. They expect them. In fact, borrowing payouts now lead all categories...
September 04, 2025
Expanding access to credit remains one of the biggest challenges in consumer finance. Legacy systems continue to slow approvals, drive up costs, and limit access to capital. Figure Technology Solutions, in its public filing to offer about 26.3 million shares, is positioning itself as a company that can, among other things, modernize the consumer lending […]
March 31, 2025
As this week’s “Pay Later Unpacked” virtual event draws to a close, we’ve heard a lot from the consumer-facing side of the house, as consumers are defining the use cases...
March 20, 2025
U.S. consumers hold a record $1.2 trillion in credit card debt. Right now, households are in a holding pattern, where the growth in card balances has been muted, and a...
January 14, 2025
The appeal of stretching out one’s cash flow — making payments over time rather than all at once, and pressuring bank accounts or boosting interest-bearing debt levels — has long...
April 20, 2026
The increases in corporate borrowing reported by U.S. banks last week suggest parts of the economy are remaining resilient amid current pressures, Reuters reported Monday (April 20). 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 […]
March 18, 2026
Stone Ridge Asset Management told clients in one of its funds last week that it would pay investors only 11% of the amount they requested to cash out because recent redemption...
June 11, 2025
The head of America’s largest bank has a gloomy forecast for the U.S. economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
June 04, 2025
JPMorgan Chase plans to offer financing to clients using spot bitcoin exchange-traded funds (ETFs) such as BlackRock’s iShares Bitcoin Trust (IBIT) as collateral, Bloomberg reported Wednesday (June 4). Get the Full...
