Access to credit may be the key factor determining whether consumer spending will continue to be resilient. Or not. As detailed in the report “How...
A confluence of factors is hurting large swaths of U.S. consumers with little to no access to credit, and a widespread lack of knowledge about...
The debt ceiling deal didn’t happen soon enough to prevent a decline in consumer confidence. While President Joe Biden announced Sunday (May 28) an agreement on...
From Australia, the land that invented buy now, pay later (BNPL) as we now know it, comes news this week that laws are changing to...
Inflation is raging and credit card debt is at record levels. Merchants who want to help convince consumers at the point of sale to commit...
Pesto has raised $11 million and launched an asset-backed credit card. The Pesto Mastercard, which is the company’s first product, is available to customers who send valuables...
The Consumer Financial Protection Bureau (CFPB) and Citizens Financial Group have reached a settlement on a CFPB complaint. Citizens will pay a $9 million civil money penalty to resolve CFPB’s allegations...
When half of merchants report wrestling with their most costly and contentious problem, it demands attention. Chargebacks are just such an issue and one that...
Consumers have long ignored or simply lived with merchant surcharges, but that’s changing as bills and statements undergo intense scrutiny in the current economic crisis,...