credit

Lease-To-Own Options Can Help Durable Goods Merchants Reach 79 Million Retail Invisibles
Lease-To-Own Options Can Help Durable Goods Merchants Reach 79 Million Retail Invisibles
September 20, 2021  |  Retail

Consumers seeking alternatives to traditional credit are turning their attention to lease-to-own options when purchasing durable goods. Lease-to-own allows consumers to acquire new items without...

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Flipkart Wholesale, Davinta Team to Offer BNPL Capabilities to Retail Clients
Flipkart Wholesale, Davinta Team to Offer BNPL Capabilities to Retail Clients
September 19, 2021  |  B2B Payments

Flipkart Wholesale is pairing with Davinta Financial Services to offer buy now, pay later (BNPL) option terms to Flipkart’s small- to medium-sized business (SMB) customers,...

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Credit Metrics Inching Toward Normalcy, According to August Results
Credit Metrics Inching Toward Normalcy, According to August Results
September 16, 2021  |  Credit Cards

Credit card delinquency rates inched up slightly in August and most credit issuers also saw increased net-charge-off rates compared to July, according to a Seeking...

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JPMorgan Now Powering US Credit Cards on China’s Alibaba.com
JPMorgan Now Powering US Credit Cards on China’s Alibaba.com
September 16, 2021  |  eCommerce

J.P. Morgan is now powering U.S. credit card processing for Alibaba.com, the business to business (B2B) division of Jack Ma’s Alibaba Group based in China,...

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Citigroup Credit Card Delinquency Rate Improves; AmEx Holds Steady
Citigroup Credit Card Delinquency Rate Improves; AmEx Holds Steady
September 15, 2021  |  Credit Cards

Credit card firms Citigroup and American Express have released statistics on the August delinquencies in credit card payments, with Citi’s delinquency improving and American Express...

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Adobe Commerce to Roll Out PayPal-Powered Payment Services
Adobe Commerce to Roll Out PayPal-Powered Payment Services
September 15, 2021  |  Payment Methods

Adobe is adding payment services to Adobe Commerce, a move that will allow merchants to avoid the need to integrate with third-party payment services, according...

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JPMorgan: US Debit, Credit Card Spend Up About 19% Over 2019
JPMorgan: US Debit, Credit Card Spend Up About 19% Over 2019
September 14, 2021  |  Consumer Insights

U.S. consumer spending is still going strong despite the delta variant’s prominence, according to executives from J.P. Morgan and Wells Fargo, the Financial Times (FT)...

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Mastercard, One Inc Team on Real-Time Insurance Disbursements
Mastercard, One Inc Team on Real-Time Insurance Disbursements
September 10, 2021  |  Partnerships / Acquisitions

One Inc., a digital payment services provider for the insurance industry, has rolled out an extension of its Mastercard partnership to offer more disbursement claims...

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