Personal Finances news and trends

Fidelity Launches IRA That Allows Direct Investments in Crypto
Cryptocurrency // April 02, 2025

Fidelity Investments has launched a new IRA plan that lets investors directly invest in crypto, including bitcoin, ether and litecoin. The Fidelity Crypto IRA was launched Wednesday (April 2) and joins several crypto exchange-traded funds offered by Fidelity that enable investors to track the prices of digital...

Chime Adds ‘Instant Loans’ for Preapproved Members to Banking App
Loans // March 21, 2025

Chime has launched a product called Instant Loans that enables preapproved Chime members who receive direct deposits to their Chime Checking Account to access three-month installment loans of up to $500. These members are preapproved for a loan, notified of their eligibility within Chime’s banking app...

Reporting BNPL Performance to Bureaus May Broaden Pool of Credit-Worthy Consumers
Consumer Finance // March 21, 2025

PYMNTS Intelligence has detailed that consumers opt for buy now, pay later (BNPL) plans because they’re convenient and accessible. More than half of the individuals that we’ve surveyed have said that they’d used installment options through the past year. And 76% of those consumers who...

How OppFi Can Say Yes to Credit When Traditional Banks Say No
Consumer Finance // 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 spending pullback has begun in the face of tariffs and trade wars. PYMNTS Intelligence has...

Interviews & Exclusives
New PYMNTS Data Shows Affluent Shoppers Use Pay Later for Gucci and Groceries

April 03, 2025
Covet that designer dress at Bergdorf Goodman, but can’t pay for it because you’ve maxed out your credit cards? Increasingly, there’s another way. A recent deep dive by PYMNTS Intelligence into what’s known as the Pay Later landscape reveals a surprising trend sweeping America’s consumer landscape: A growing number of higher-income shoppers are embracing the […]

How OppFi Can Say Yes to Credit When Traditional Banks Say No

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...

59% of Zillennials Value Leasing as Vehicle Purchase Option

March 19, 2025
Forget the open road and the roar of the engine. A new generation, the zillennials (those born between 1991 and 1999), are approaching transportation with a distinctly different mindset than...

CFPB Data Confirms BNPL’s Positive Impact on Credit-Constrained Consumers

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...

Quick Reads
Fidelity Launches IRA That Allows Direct Investments in Crypto

April 02, 2025
Fidelity Investments has launched a new IRA plan that lets investors directly invest in crypto, including bitcoin, ether and litecoin. The Fidelity Crypto IRA was launched Wednesday (April 2) and joins several crypto exchange-traded funds offered by Fidelity that enable investors to track the prices of digital assets without directly investing in them, CoinDesk reported Wednesday. The new IRA […]

Chime Adds ‘Instant Loans’ for Preapproved Members to Banking App

March 21, 2025
Chime has launched a product called Instant Loans that enables preapproved Chime members who receive direct deposits to their Chime Checking Account to access three-month installment loans of up to $500....

EarnIn Debuts Early Pay For Faster Paycheck Access

March 18, 2025
EarnIn has debuted a product that lets users access their paychecks two days early. Early Pay, announced by the earned wage access (EWA) provider Tuesday (March 18), lets customers get...

NCR Atleos: ATM Management at ‘Critical Inflection Point’ Due to New Complexities

March 18, 2025
How can financial institutions (FIs) optimize their ATM operations? That’s the question at the heart of a new paper published Tuesday (March 18) by NCR Atleos and Datos Insights, focused...