credit

New EU Consumer Credit Rules May Be Approved by Summer

New EU Consumer Credit Rules May Be Approved by Summer
New EU Consumer Credit Rules May Be Approved by Summer
May 16, 2022  |  Legal & Regulation

A committee of the European Parliament will vote in June on the proposed Consumer Credit Directive (CCD) with a view to getting final approval in...

READ MORE >
The Data Point: 85% of Consumers Pay Credit Card Surcharges Without Issue
The Data Point: 85% of Consumers Pay Credit Card Surcharges Without Issue
May 13, 2022  |  Credit Cards

A source of controversy over the years, credit card surcharges are accepted as fair — and fairly set — by law, and by a surprising...

READ MORE >
63% of Consumers Check Their Credit Scores Monthly
63% of Consumers Check Their Credit Scores Monthly
May 06, 2022  |  Consumer Finance

The higher a consumer’s income, the higher their credit score and the less often they check it, according to “The New Reality Check,” a PYMNTS...

READ MORE >
Today in FinTech: Revolut Wants UK Bank License; Apple App Store No Longer Takes Card Payments in India
Today in FinTech: Revolut Wants UK Bank License; Apple App Store No Longer Takes Card...
May 06, 2022  |  Technology

In today’s FinTech news, Revolut waits on a United Kingdom bank license, as well as one in the United States. Plus, new rules in India...

READ MORE >
Indian Bank Rules Stop Apple App Store From Taking Credit/Debit Cards 
Indian Bank Rules Stop Apple App Store From Taking Credit/Debit Cards 
May 06, 2022  |  Payment Methods

Apple can no longer accept debit and credit cards in its App Store as enforcement begins for new rules handed down by the Reserve Bank...

READ MORE >
Klarna Seeks to Appease UK Regulators With Credit Reporting 
Klarna Seeks to Appease UK Regulators With Credit Reporting 
May 04, 2022  |  BNPL

Klarna is moving ahead of potential regulation in Buy Now, Pay Later (BNPL) in the U.K. The company announced in a blog post on May...

READ MORE >
FinTech Possible Finance Raises $20M in Equity Funding
FinTech Possible Finance Raises $20M in Equity Funding
May 03, 2022  |  Investments

FinTech firm Possible Finance, which works on financial services for the underserved, announced Tuesday (May 3) that it has received an additional $20 million in...

READ MORE >
The Millennial Minute: Beloved BNPL Growing but No Imminent Threat to Store Cards
The Millennial Minute: Beloved BNPL Growing but No Imminent Threat to Store Cards
May 03, 2022  |  BNPL

Now nearly a quarter of the world’s population, millennials and their slightly older bridge millennial friends are the most courted of all cohorts from a...

READ MORE >