Consumer Finance

Consumer financing is when a business offers financing to their customers with help from a professional finance company. This allows the consumer to pay for a good or service they couldn't pay for up front in cash or credit card. Consumer finance is helpful for both businesses and consumers
VantageScore Premieres Educational Videos
May 22, 2015

VantageScore is in the movie business. 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...

Can A New Scoring Paradigm Correct The Credit Catch-22?
April 07, 2015

Establishing a credit history can be an unexpectedly tricky thing – to get a loan consumers need to demonstrate a past history of managing with debt well. To manage debt well, entities need to extend loans to consumers. Since the inception of credit, the above...

Samsung Galaxy S6 Will Ship With Mobile Payments
February 05, 2015

While largely seen as a major Android phone carrier, Samsung wants to be thought of more like Apple than like other phones, in that it wants to have its own built-in ecosystem that its consumers can come to use in their everyday lives. One way...

Gratuity Grows With E-Payments
February 03, 2015

Ever thought a place could get away with having customers tip 40 percent for a medium coffee just by using an iPad POS system? As POS devices increasingly become more digitized, and as payments increasingly shift to mobile and cards, tipping has also increased to...

Capital One Analysts Charged for Database Mining for Personal Profit
February 02, 2015

The Securities and Exchange Commission has charged ex-Capital One analysts Bonan and Nan Huang with insider trading after it was found that they were using the company’s consumer database to predict stock prices from retail sales data, according to a formal litigation release from Jan 22. Get...

Visa Europe to Spend EUR 200 Million on Digital Payment Technology
January 30, 2015

Responding to company reports that contactless and digital payments have grown in 2014, especially in Europe, Visa Europe on Jan. 29 formally announced a plan to invest an additional 200 million euro into developing its digital payment technology, which had been suggested as early as...

Lenddo To Sell its Creditworthiness Algorithm Service Instead of Loans
January 27, 2015

Initially started as a micro-finance startup with the goal of developing algorithms that can determine creditworthiness of borrowers with no bank information, Filipino company Lenddo will now ditch its lending arm in place of selling its algorithmic services to companies inside and outside of the...

Consumer Finance
Money Dashboard Gets Another $3.7M
January 27, 2015

Scottish startup Money Dashboard has raised another $3.7 million in funding for its a personal finance app, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Capital One Buys Millennial Budgeting App Level Money
January 13, 2015

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