credit

Large National Banks Hold the Advantage When Main Street SMBs Shop for Credit
Large National Banks Hold the Advantage When Main Street SMBs Shop for Credit
September 08, 2023  |  SMBs

Access to business financing is crucial for Main Street small and medium-sized businesses (SMBs). But while a significant share of these small businesses across all...

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Overdrafts and the US Consumer: A 2023 Report
Overdrafts and the US Consumer: A 2023 Report
September 08, 2023  |  Consumer Finance

Current economic and financial conditions force consumers to tap overdrafts across income levels and credit personas. One in 5 consumers experienced overdrafts or declined transactions...

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Westlake Financial and Pagaya Partner to Enhance Automotive Credit Decisions
Westlake Financial and Pagaya Partner to Enhance Automotive Credit Decisions
September 07, 2023  |  Partnerships

Westlake Financial has partnered with Pagaya Technologies to provide Westlake’s auto dealer partners access to Pagaya’s tech-enabled credit-decisioning product. Westlake Financial is an automotive FinTech company with nearly...

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Gen Z Relies More on BNPL for Small, Everyday Purchases
Gen Z Relies More on BNPL for Small, Everyday Purchases
September 06, 2023  |  Buy Now Pay Later

In today’s uncertain macroeconomic landscape, credit products have become essential for managing spending and cash flow. In “The Credit Economy: How Younger Consumers Make Credit...

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Half of Restaurant Customers Used BNPL to Pay for Their Meal
Half of Restaurant Customers Used BNPL to Pay for Their Meal
September 05, 2023  |  Buy Now Pay Later

Restaurants may be benefitting from consumers’ willingness to use buy now, pay later (BNPL), but the popularity of this payment method belies a larger challenge...

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How Consumers Have Learned to Live With Inflation
How Consumers Have Learned to Live With Inflation
September 01, 2023  |  Economy

Death and taxes are the only certainties in life, they say. And it seems we might add another certainty: inflation. By now, the worldwide spike...

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Klarna Sees Credit Losses Fall 41% and Adds AI-Powered Solutions
Klarna Sees Credit Losses Fall 41% and Adds AI-Powered Solutions
August 31, 2023  |  Buy Now Pay Later

Klarna reported earnings results for the first half of 2023, showcasing a profitable second quarter that exceeded its expectations. The Stockholm-based, artificial intelligence (AI)-powered global payments network and...

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5 Things to Know About the US Consumer as Spending Outpaces Income
5 Things to Know About the US Consumer as Spending Outpaces Income
August 31, 2023  |  Consumer Finance

We’re spending money as fast as we can make it — and even faster, it seems. The latest government release from the Bureau of Economic...

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PayMate and Sohar International Partner to Digitize B2B Payments in Oman
PayMate and Sohar International Partner to Digitize B2B Payments in Oman
August 30, 2023  |  Partnerships

Sohar International, one of Oman’s banks, has formed a strategic partnership with PayMate India, a B2B payments and solutions provider. The collaboration aims to digitize, automate...

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