credit

Zilla Pauses BNPL Services, Focuses on International B2B Payments
Zilla Pauses BNPL Services, Focuses on International B2B Payments
January 23, 2024  |  BNPL

Zilla has paused its buy now, pay later (BNPL) services in Nigeria and shifted its focus to a new international B2B payment product called Zillawire....

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Synchrony: Resilient Consumers Embrace ‘Pay Later’ Options as Credit Trends Normalize
Synchrony: Resilient Consumers Embrace ‘Pay Later’ Options as Credit Trends Normalize
January 23, 2024  |  Earnings

Synchrony Financial posted fourth-quarter results that showed charge-offs increasing as management pointed to credit normalization in the months ahead, and said the firm was also...

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Citi Launches Browser Extension That Finds Coupons, Promo Codes
Citi Launches Browser Extension That Finds Coupons, Promo Codes
January 23, 2024  |  Retail

Citi launched a new browser extension designed to help consumers save money while shopping online. The free tool, Citi Shop, is available to eligible U.S....

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Most Gen X Cardholders Revolve Their Balances, Leading All Generations
Most Gen X Cardholders Revolve Their Balances, Leading All Generations
January 19, 2024  |  Consumer Finance

In times of financial hardship, revolving a credit card balance to future months rather than paying it off entirely is a strategy consumers commonly adopt....

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PayFacs Bet Big on Digital Wallets in 2024
PayFacs Bet Big on Digital Wallets in 2024
January 19, 2024  |  Digital Payments

Digital wallets are increasingly becoming a staple for processing transactions in the software publishing industry. Seventy-one percent of payment facilitators (PayFacs) have adopted this technology...

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Kashable Raises $25.6 Million for Employer-Based Lending Tool
Kashable Raises $25.6 Million for Employer-Based Lending Tool
January 18, 2024  |  Investments

FinTech platform Kashable has raised $25.6 million to expand its employer-based lending program. The Series B funding will help the company develop new financial wellness services and...

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Discover’s Card Delinquency Rate Rises to 3.9% After ‘Strong’ Holiday Season
Discover’s Card Delinquency Rate Rises to 3.9% After ‘Strong’ Holiday Season
January 18, 2024  |  Earnings

Discover Financial Service’s earnings, released Wednesday (Jan. 17), showed growth in card loans and rising delinquency rates. Chief Financial Officer John Greene noted on a...

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50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
January 18, 2024  |  Payment Methods

The use of split-pay plans is already widespread, and the last holiday shopping season was no exception, with consumers relying on different installment plans. The...

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DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
January 17, 2024  |  Acquisitions

DMI Group, a pan-India financial services platform, has acquired ZestMoney, a digital credit provider in India.  The acquisition will allow DMI to incorporate the ZestMoney checkout...

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