credit

Yonder and Transact Payments Partner on Credit Card for Londoners
Yonder and Transact Payments Partner on Credit Card for Londoners
May 10, 2023  |  Partnerships

Yonder has partnered with Transact Payments on its credit card for young Londoners. The partnership with payment services provider Transact Payments will give Yonder access...

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Citi Adds Installment Loans and Lines of Credit Options to Retail POS
Citi Adds Installment Loans and Lines of Credit Options to Retail POS
May 10, 2023  |  Loans

Citi Retail Services is adding new point-of-sale (POS) lending options to its embedded payment capabilities. The new suite of Citi Pay products can integrate into...

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Millennials’ Need for Credit and Financial Inclusion Offers Opportunity For FinTechs
Millennials’ Need for Credit and Financial Inclusion Offers Opportunity For FinTechs
May 09, 2023  |  Consumer Finance

Alternative data and scoring models can help deepen financial inclusion. Youth belongs to the young, goes the old saying. So does the future of financial...

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Small Businesses Turn to Cards and Digital Banks as Traditional Lenders Tighten Credit
Small Businesses Turn to Cards and Digital Banks as Traditional Lenders Tighten Credit
May 09, 2023  |  SMBs

Inflation, consumer cutbacks, and limited access to capital are all hindering small and medium businesses (SMBs), which are turning to digital tools to close gaps...

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Stripe and WhatsApp Enable Payments in Chats in Singapore
Stripe and WhatsApp Enable Payments in Chats in Singapore
May 09, 2023  |  Partnerships

Stripe and WhatsApp have partnered to enable Singapore businesses to accept payments in WhatsApp chats. With Stripe Connect and Stripe Checkout integrated into WhatsApp, Singapore...

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An Industry Insider on How Secured Cards Can Boost Credit Profiles
An Industry Insider on How Secured Cards Can Boost Credit Profiles
May 09, 2023  |  Financial Inclusion

Nearly 60% of millennials report subprime credit scores, making it harder for them to get credit from traditional sources and build a credit profile. A...

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Banks Unlikely to Loosen Credit Until 2024
Banks Unlikely to Loosen Credit Until 2024
May 08, 2023  |  Loans

Banks expect to continue tightening lending standards across all loan categories through the rest of 2023. That projection comes after a quarter in which banks...

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FinTechs Clear Credit Path for 57% of Subprime Millennials
FinTechs Clear Credit Path for 57% of Subprime Millennials
May 08, 2023  |  Financial Inclusion

With concerns over the banking system dominating the news after the collapse of Silicon Valley Bank and others, it can be easy to lose sight...

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Consumer Borrowing Jumps Amid Sharp Spike in Credit Card Balances
Consumer Borrowing Jumps Amid Sharp Spike in Credit Card Balances
May 08, 2023  |  Debt

Borrowing among consumers jumped in March amid a sharp spike in credit card use. Recent data from the Federal Reserve shows credit in the aggregate...

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