credit

Deep Dive: How Merchants Can Tap Payment Rails To Craft Swift, Connected Payments For Consumers
Deep Dive: How Merchants Can Tap Payment Rails To Craft Swift, Connected Payments For Consumers
February 18, 2021  |  Consumer Payments

The pandemic has markedly accelerated the move to online shopping, with a PYMNTS report indicating that 47 percent of U.S. consumers living in urban areas...

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Indian Digital Lending Startup KreditBee Raises $75 Million
Indian Digital Lending Startup KreditBee Raises $75 Million
February 17, 2021  |  Investments

Indian lending startup KreditBee, based in Bengaluru, is coming off a Series C round with $75 million, Mint reported. The round featured participation from Premji Invest,...

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Credit-Building Platform SeedFi Closes $65 Million Funding Round
Credit-Building Platform SeedFi Closes $65 Million Funding Round
February 17, 2021  |  Investments

Financial health startup SeedFi, which helps Americans build credit, save money and make future financial plans, has raised $65 million in funding, according to a...

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Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
February 17, 2021  |  Debt

According to a new report from the Federal Reserve, total household debt rose to $14.56 trillion in the fourth quarter of 2020, an increase of...

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American Express Launches Digital Receipts Feature To Provide Transaction Detail
American Express Launches Digital Receipts Feature To Provide Transaction Detail
February 17, 2021  |  Payments Innovation

American Express is rolling out a new digital receipts functionality, which gives clients a look into specific transaction data for purchases from companies such as...

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New Provider Ranking Of Credit Card Apps Generates A Powerful Charge
New Provider Ranking Of Credit Card Apps Generates A Powerful Charge
February 17, 2021  |  Mobile Applications

“Banker’s hours” is an archaic term harking back to when banks were only open from about 10 a.m. to around 2 p.m. Paper ledgers, carbon...

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Chesapeake Bank On How Riding Real-Time Payment Rails Can Benefit Today’s Merchants
Chesapeake Bank On How Riding Real-Time Payment Rails Can Benefit Today’s Merchants
February 17, 2021  |  Consumer Payments

From QR codes to contactless cards, consumers want access to fast and seamless payment experiences. Merchants, however, can be left waiting days for funds to...

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Gift Cards Emerge As Digital Payments On-Ramp For Cash-Based Customers
Gift Cards Emerge As Digital Payments On-Ramp For Cash-Based Customers
February 17, 2021  |  Retail

It’s hard to argue the digital shift in any business, but particularly at retail. PYMNTS research shows that 97.3 million U.S. consumers have now switched...

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Marqeta Files With SEC, Could IPO In April
Marqeta Files With SEC, Could IPO In April
February 16, 2021  |  IPO

Marqeta, the U.S.-based payment card issuing startup, has filed confidentially for an initial public offering (IPO) with the Securities and Exchanges Commission (SEC), a Reuters...

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