For the younger generation, for cash flow, look beyond four walls. In the latest staff report from the New York Federal Reserve, titled “Trends in Household Debt and Credit,” it is noted that one of the features of debt is that it can “provide access to...
What does Goldman Sachs see in Financeit? An opportunity to bring point of sale financing to the home improvement industry. Michael Garrity, Financeit’s Co-founder and CEO, takes MPD CEO Karen Webster inside the next payments opportunity ripe for disruption.
October 24, 2023
U.S. Bank has introduced a tool that lets businesses offer consumer financing at point-of-sale. The lender’s Avvance offering, announced Tuesday (Oct. 24) is an “embedded, multi-channel point-of-sale lending solution” for businesses. According to a news release, Avvance lets shoppers pay over time with personalized loan options available during checkout. “Consumers like the certainty of knowing their payment amount […]
