credit

LendingPoint Launches Personal Financial Health and Management Tool for Customers
LendingPoint Launches Personal Financial Health and Management Tool for Customers
August 14, 2023  |  Consumer Finance

LendingPoint has added a personal financial health and management tool to its artificial intelligence (AI)-driven CreditTech platform. The new tool, which is now available for free...

READ MORE >
Consumer Sentiment Dips From July’s Levels and Retailers May Face Pressure at the Register
Consumer Sentiment Dips From July’s Levels and Retailers May Face Pressure at the Register
August 11, 2023  |  Consumer Insights

U.S. consumers are slightly less optimistic about the economy this month, following two straight months of growing confidence. The preliminary data and index measuring consumer sentiment released...

READ MORE >
Lenders and Merchants Must Diversify to Compete in Shifting Credit Landscape
Lenders and Merchants Must Diversify to Compete in Shifting Credit Landscape
August 11, 2023  |  Loans

With change comes challenge, but with challenge comes opportunity. As 2023 marches on, much of the initial doom and gloom-fueled skepticism around how the year...

READ MORE >
Better Credit Scores Could Put $1,700 in Consumers’ Pockets
Better Credit Scores Could Put $1,700 in Consumers’ Pockets
August 10, 2023  |  Consumer Finance

In a credit-based economy such as that of the United States, credit scores determine more than whether consumers qualify for a mortgage or auto loan....

READ MORE >
Nearly 40% of Gen Z and Millennials Would Leave Banks Lacking Innovation
Nearly 40% of Gen Z and Millennials Would Leave Banks Lacking Innovation
August 09, 2023  |  Banking

Potential customer loss could outweigh the cost of investing in payment methods that consumers demand. Payment options matter to account holders across generations, but it...

READ MORE >
Nearly One in Four Gen Z Shoppers Won’t Buy If BNPL Not Offered
Nearly One in Four Gen Z Shoppers Won’t Buy If BNPL Not Offered
August 09, 2023  |  BNPL

Traditional credit is more difficult to access and increasingly expensive to maintain as the Federal Reserve keeps raising rates, driving some consumers are seeking alternative...

READ MORE >
Credit Card Balances Pass $1 Trillion as Consumers Rely on Payment Method
Credit Card Balances Pass $1 Trillion as Consumers Rely on Payment Method
August 08, 2023  |  Credit Cards

It’s the $1 trillion milestone. The Federal Reserve’s latest quarterly update on household debt shows that credit card balances crossed that milestone in a “first”...

READ MORE >
Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY
Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY
August 08, 2023  |  B2B Payments

“The export of goods and services is more prevalent, digital and borderless than ever,” Payoneer executives told investors on the company’s second-quarter 2023 earnings call Tuesday...

READ MORE >
Turns out Gen X Likes BNPL as Much as Millennials Do
Turns out Gen X Likes BNPL as Much as Millennials Do
August 08, 2023  |  Buy Now Pay Later

Buy now, pay later (BNPL) plans, in which consumers pay off purchases in a set number of payments and usually interest-free, have gained popularity in...

READ MORE >