News

Affirm Earnings Put Consumer Credit, Private Credit in Focus
Buy Now Pay Later // May 07, 2026

Affirm’s latest quarter earnings call landed at a revealing moment for consumer finance. The company plays at the intersection of two of the most important and most uncertain areas of the economy: consumer credit and private credit. Its buy now, pay later (BNPL) model depends...

Block Rallies as AI Push Turns Cash App Into a Lending Hub
Earnings // May 07, 2026

Block’s first-quarter earnings report was the company’s first since its sweeping organizational restructuring and staff reductions earlier this year, and management used the call to highlight accelerating toward artificial intelligence-driven automation, embedded financial services and tighter connections between Cash App consumers and Square merchants. Get...

Half of Luxury Shoppers Prefer Resale, and The RealReal Saw It Coming 
eCommerce // May 07, 2026

Luxury resale used to be a secondary consideration. The numbers say it isn’t anymore. Nearly half of luxury consumers now factor resale value into primary market purchases. Almost 60% prefer the secondary market outright. Get the Full Story Complete the form to unlock this article...

Coinbase’s Reinvention Hits a Wall With $394 Million Quarterly Loss
Cryptocurrency // May 07, 2026

As crypto gained ground in both Washington and Wall Street over the past two years, Coinbase worked to position itself as the mature face of the crypto industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Interviews & Exclusives
Credit Cards Fuel Fastest Revolving Debt Growth Since 2022

May 07, 2026
Americans are again leaning more heavily on credit cards to finance everyday life. 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 Today. By completing this form, you agree to receive marketing communications […]

Overcharged and Underserved: Remitly’s New CEO Sees a Big Opening in Cross-Border Payments

May 07, 2026
Watch more: Need to Know With Remitly’s Sebastian Gunningham Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Who Is the Subprime Consumer?

May 07, 2026
Subprime consumers are often viewed through a narrow credit-risk lens. PYMNTS Intelligence’s “Who Is the Subprime Consumer? A Behavioral Profile” shows a different picture: a large, steady and measurable part...

How Thredd Says AI Turns Every Transaction Into a Credit Signal

May 07, 2026
Until recently, credit innovation revolved around a familiar question: who should get approved? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Quick Reads
Mercado Libre Sacrifices Short-Term Profits to Fuel Growth

May 07, 2026
Mercado Libre’s investments in free shipping, a Mercado Pago credit card, first-party selection and cross-border trade drove a 49% year-over-year increase in net revenue and financial income in the first quarter, the company said in a Thursday (May 7) earnings release. Get the Full Story Complete the form to unlock this article and enjoy unlimited […]

FTC Sounds Alarm as Imposter Scams Steal $3.5 Billion

May 07, 2026
The Federal Trade Commission (FTC) is warning consumers to beware of text messages that demand money for unpaid tolls as well as new online friends or love interests who suddenly ask for...

Google Transforms Fitbit Into Health and Wellness Ecosystem

May 07, 2026
Google is revamping its health and wellness product and platform lineup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Relaunched Dick’s Sporting Goods Credit Card Offers 10% Back

May 07, 2026
Dick’s Sporting Goods has relaunched its credit card program and now offers its cardholders 10% back in rewards on qualifying purchases at its brands. Get the Full Story Complete the...