credit score

Financially Distressed Consumers More Open to Payment and Banking Innovations
Financially Distressed Consumers More Open to Payment and Banking Innovations
September 06, 2023  |  Credit Unions

Subprime account holders may be driven toward banking innovations in their quest for financial wellness. It’s difficult enough to tread water as a consumer with subprime...

READ MORE >
Widening Embrace of BNPL Underpins Resilience in Discretionary Spending 
Widening Embrace of BNPL Underpins Resilience in Discretionary Spending 
August 25, 2023  |  BNPL

The ability to pay over time is underpinning discretionary spending resilience. In recent weeks and months, joint research between PYMNTS and Sezzle has underscored the embrace of...

READ MORE >
Most US Consumers Don’t Know How to Improve Their Credit Score
Most US Consumers Don’t Know How to Improve Their Credit Score
August 25, 2023  |  Personal Finance

In today’s U.S. financial landscape, having a good three-digit credit score can be a critical factor in determining not only whether you are approved or...

READ MORE >
Better Credit Scores Could Put $1,700 in Consumers’ Pockets
Better Credit Scores Could Put $1,700 in Consumers’ Pockets
August 10, 2023  |  Consumer Finance

In a credit-based economy such as that of the United States, credit scores determine more than whether consumers qualify for a mortgage or auto loan....

READ MORE >
Two-Thirds of CUs Take Risky Approach to Digital Innovation
Two-Thirds of CUs Take Risky Approach to Digital Innovation
June 29, 2023  |  Credit Unions

Many credit unions (CUs) have resolved to follow rather than lead in digital innovation. Nearly two-thirds adopt a cautious wait-and-see approach even as more members...

READ MORE >
Budgeting Benefits Help Banks Appeal to 23% of Consumers Who Don’t Have Credit Cards
Budgeting Benefits Help Banks Appeal to 23% of Consumers Who Don’t Have Credit Cards
June 21, 2023  |  Credit Cards

If you’re reading this, chances are you have a credit card, as nearly 200 million Americans do — with many holding more than one. And...

READ MORE >
Why Visa Says It’s Time to Look Beyond the ‘Personal FICO’ to Underwrite Small Businesses’ Credit
Why Visa Says It’s Time to Look Beyond the ‘Personal FICO’ to Underwrite Small Businesses’...
June 08, 2023  |  credit frictions

Over the past few years, consumers have steadily returned to brick-and-mortar stores and spending seems resilient, albeit slowing a bit, even with inflation stubbornly in...

READ MORE >
FICO Opens Financial Inclusion Lab to Lenders to Expand Lending Decisions
FICO Opens Financial Inclusion Lab to Lenders to Expand Lending Decisions
May 10, 2023  |  Financial Inclusion

FICO has debuted a pair of services to help lenders make better credit decisions. The analytics company Wednesday (May 10) announced the launch of its...

READ MORE >
PYMNTS Intelligence: FinTechs Have an Opportunity to Improve Consumers’ Credit Capabilities
PYMNTS Intelligence: FinTechs Have an Opportunity to Improve Consumers’ Credit Capabilities
May 10, 2023  |  Financial Inclusion

With millions of Americans still struggling to access traditional credit options, achieving full financial inclusion will be neither quick nor easy. With an estimated 307...

READ MORE >