credit

Digital Experience, Trade Credit Mark Home Depot’s B2B Strategy
Digital Experience, Trade Credit Mark Home Depot’s B2B Strategy
February 20, 2024  |  Earnings

The Home Depot, the world’s largest home improvement retailer, is shrinking its 2024 earnings guidance. “After three years of exceptional growth for our business, 2023...

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Visa: Click-and-Mortar Shoppers Demand Digital Simplicity, Expanded Payment Options In-Store
Visa: Click-and-Mortar Shoppers Demand Digital Simplicity, Expanded Payment Options In-Store
February 20, 2024  |  VISA

Four years. 1,460 days. For payments — and for commerce in general — 2020 to 2024 brought a whirlwind of change, a re-imagining of the...

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85% of Consumers Without Paycheck Pressures Choose Credit Cards for Their Security Features
85% of Consumers Without Paycheck Pressures Choose Credit Cards for Their Security Features
February 20, 2024  |  Credit Cards

About 62% of consumers in the United States live paycheck to paycheck, often face difficulties paying their monthly bills, and rely on credit cards to...

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Capital One to Become Global Payments Network With $35.3B Discover Financial Acquisition
Capital One to Become Global Payments Network With $35.3B Discover Financial Acquisition
February 19, 2024  |  Acquisitions

Capital One is acquiring Discover Financial in a deal that brings together two of the largest credit card companies in the United States. Bloomberg reported...

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US Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
US Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
February 15, 2024  |  Banking

U.S. Bank said Thursday (Feb. 15) that more than 2,000 of its clients have been approved for personal loans over the past few months thanks...

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Nearly 1 in 5 Middle Market CFOs Tap Bank Credit Lines for Working Capital
Nearly 1 in 5 Middle Market CFOs Tap Bank Credit Lines for Working Capital
February 13, 2024  |  Loans

The adoption of external working capital solutions has surged among growth corporates — commonly referred to as middle-market firms — in North America. This trend...

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Fed Finds Consumers Optimistic About Credit but Not Inflation
Fed Finds Consumers Optimistic About Credit but Not Inflation
February 12, 2024  |  Economy

U.S. consumers are feeling more optimistic about their financial conditions and access to credit. That’s according to the January 2024 Survey of Consumer Expectations, released Monday...

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Earned Wage Access Debate Set to Heat Up Between FinTechs and Regulators
Earned Wage Access Debate Set to Heat Up Between FinTechs and Regulators
February 09, 2024  |  Payroll

The debate between regulators and FinTechs over the state of earned wage access (EWA) innovations looks set to heat up through the next several months....

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Fed’s Data Hints at Slowing Embrace of Revolving Debt
Fed’s Data Hints at Slowing Embrace of Revolving Debt
February 09, 2024  |  Economy

Is there a literal slowdown in the cards? The Federal Reserve’s latest report on consumer credit data showed that overall, households took on $1.5 billion...

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