credit

Nacha Expands Receiving Depository Financial Institutions’ Role in Fighting Fraud
Nacha Expands Receiving Depository Financial Institutions’ Role in Fighting Fraud
March 18, 2024  |  Security & Fraud

Receiving depository financial institutions (RDFIs) now have a defined role in monitoring the ACH payments they receive. The newly defined role was established as part...

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Open Banking Allows More SMB Data to Be Used in Financing Decisions
Open Banking Allows More SMB Data to Be Used in Financing Decisions
March 18, 2024  |  SMBs

Small- to medium-sized businesses (SMBs) represent a puzzle that banks have long struggled to solve. SMBs need fast, flexible and digital-first solutions that help rather...

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Grocery’s Omnichannel Present and Future Highlighted in Latest Big Box Retail Data
Grocery’s Omnichannel Present and Future Highlighted in Latest Big Box Retail Data
March 13, 2024  |  Retail

Amazon and Walmart — and the pitched battle between the two for all manner of retail spend — gets a fair share of digital ink...

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Operational Innovations Drive Software Publishing Marketplaces
Operational Innovations Drive Software Publishing Marketplaces
March 13, 2024  |  Innovation

The software publishing industry is in a state of flux right now as it embraces embedded finance to facilitate new growth — and many payment...

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Silicon Valley Bank’s Downfall: Lessons Learned and Unanswered Questions
Silicon Valley Bank’s Downfall: Lessons Learned and Unanswered Questions
March 11, 2024  |  Banking

It’s said that those who don’t learn from history are doomed to repeat it. The spectacular flameout of Silicon Valley Bank (and other banks subsequently), happened March...

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Credit Spigots Continue to Tighten for Small Businesses
Credit Spigots Continue to Tighten for Small Businesses
March 08, 2024  |  SMBs

The traditional spigots of credit continue to tighten for small businesses. Blame higher rates, the continued fallout of the Silicon Valley Bank collapse last year, and skittishness...

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Fed’s Credit Data Signals Caution for Merchants
Fed’s Credit Data Signals Caution for Merchants
March 08, 2024  |  Economy

For merchants, reliant upon consumer spending — and credit as a way to enable that spending — the warning signals are flashing. The Fed’s latest...

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Consumers’ Total Outstanding Credit Leapt $19.5 Billion in January
Consumers’ Total Outstanding Credit Leapt $19.5 Billion in January
March 07, 2024  |  Consumer Finance

Consumers’ total outstanding credit leapt by $19.5 billion in January. Revolving credit accounted for $8.4 billion of the increase, while nonrevolving credit made up the...

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US Chamber Sues CFPB to Block Credit Card Late Fee Limits
US Chamber Sues CFPB to Block Credit Card Late Fee Limits
March 07, 2024  |  Legal

The U.S. Chamber of Commerce filed a lawsuit against the Consumer Financial Protection Bureau, aiming to stop the agency from implementing its new rule to limit credit card...

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