American consumers are growing more cautious about spending, according to an executive at card issuer Synchrony. In an interview with Reuters published Tuesday (March 25), Synchrony EVP and Chief Credit Officer Max Axler said that while Americans’ finances are more or less healthy, consumers are still preparing for their...
Credit platform LoanPro has joined financial infrastructure provider NovoPayment in a Latin America-focused partnership. The collaboration, announced in a news release Wednesday (March 20), is designed to give financial institutions and FinTechs in Latin America infrastructure that can support essentially any class of credit and lending product. The release notes that...
New data shows growing financial pessimism among Americans, the latest sign of shaky consumer confidence. The February installment of the Federal Reserve Bank of New York’s Survey of Consumer Expectations, released Monday (March 10), shows that while households’ medium and long-term inflation expectations were unchanged,...
For years, the so-called “credit card outsiders,” a diverse group of American consumers that includes a variety of cohorts, have each independently resisted the credit card siren song of rewards points, cash-back offers, and financial flexibility. Many of these individuals rely on cash, debit cards,...
February 27, 2025
For years, the so-called “credit card outsiders,” a diverse group of American consumers that includes a variety of cohorts, have each independently resisted the credit card siren song of rewards points, cash-back offers, and financial flexibility. Many of these individuals rely on cash, debit cards, or alternative financial services, often missing out on the benefits […]
October 24, 2023
Consumers across income levels, credit scores and generations have accumulated high levels of debt. In fact, credit card debt recently surpassed $1 trillion for the first time. With this backdrop,...
June 25, 2019
Trade credit has been around for decades and is less than efficient, with $3.1 trillion tied up in outstanding invoices. To grease the wheels of commerce, Fundbox and OroCommerce are joining...
April 04, 2018
For the 47 percent of Americans with prime credit scores, getting and using a credit card isn’t much of a problem. The problem, Petal co-founder and CEO Jason Gross told Karen Webster, is that...
March 25, 2025
Experian has launched a tool designed to increase financial access for people with limited credit history. Cashflow Score, unveiled Tuesday (March 25), is designed to give lenders a clearer view of applicants’ financial behavior, aimed at helping people with little to no credit history improve financial access using only bank account data. “We believe in a future where […]
March 25, 2025
American consumers are growing more cautious about spending, according to an executive at card issuer Synchrony. In an interview with Reuters published Tuesday (March 25), Synchrony EVP and Chief Credit Officer Max Axler said...
March 19, 2025
Credit platform LoanPro has joined financial infrastructure provider NovoPayment in a Latin America-focused partnership. The collaboration, announced in a news release Wednesday (March 20), is designed to give financial institutions and FinTechs in Latin America infrastructure...
March 11, 2025
New data shows growing financial pessimism among Americans, the latest sign of shaky consumer confidence. The February installment of the Federal Reserve Bank of New York’s Survey of Consumer Expectations,...
