credit

Revolving Debt Soars in Ominous Sign for Paycheck-to-Paycheck Consumers 
Revolving Debt Soars in Ominous Sign for Paycheck-to-Paycheck Consumers 
May 07, 2023  |  Connected Economy

Credit card balances are rising as revolving debt surges at double-digit rates. All of which may signal trouble in the paycheck-to-paycheck economy. Revolving credit is,...

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Synchrony and CoFi to Deliver New Payment Options to Vision Industry
Synchrony and CoFi to Deliver New Payment Options to Vision Industry
May 04, 2023  |  Partnerships

Synchrony and CoFi have partnered to deliver new payment options to the vision industry. With this collaboration, Synchrony’s CareCredit credit card will be made available...

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Item-Level Data Helps Banks Stay Top of Wallet
Item-Level Data Helps Banks Stay Top of Wallet
May 04, 2023  |  Loyalty & Rewards

At the intersection of digital channels and inflationary pressures, consumers are demanding more value from merchants. And it’s not all about price. Banyan CEO Jehan...

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Inbanx Taps Corserv to Add Card Issuing to Spend Control Platform
Inbanx Taps Corserv to Add Card Issuing to Spend Control Platform
May 02, 2023  |  Partnerships

Inbanx has partnered with Corserv to launch Visa commercial credit cards. In this collaboration, Inbanx will integrate Corserv’s payment card issuing platform into its own...

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Card Payments Data Unlocks Small Business Credit Opportunities
Card Payments Data Unlocks Small Business Credit Opportunities
May 02, 2023  |  Payment Methods

Main Street is the soul of America, making small and medium-sized businesses (SMBs) its heart. That’s why it is worrisome that many Main Street SMBs...

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Chase Powers New Rewards for Amazon Prime Visa Cardholders
Chase Powers New Rewards for Amazon Prime Visa Cardholders
May 01, 2023  |  Loyalty & Rewards

Chase and Amazon have introduced new rewards and cash back opportunities for Amazon Visa cardholders. The credit cards debuted Monday (May 1) with new names — “Prime Visa” and “Amazon...

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FinTechs See Opportunity to Teach Credit Marginalized Consumers Financial Literacy
FinTechs See Opportunity to Teach Credit Marginalized Consumers Financial Literacy
April 28, 2023  |  Financial Inclusion

Personalized assistance could help the credit marginalized from slipping further behind. Having good credit is a near necessity for U.S. consumers. Maintaining a good score...

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Mastercard: US Consumers Boost Spending on Credit Cards by Nearly 15%
Mastercard: US Consumers Boost Spending on Credit Cards by Nearly 15%
April 27, 2023  |  Mastercard

Mastercard’s earnings results show that U.S. consumers continue to embrace credit cards for everyday spending. The supplemental materials provided by the payments network showed that...

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Alt Credit Models and Platforms Improve Financial Inclusion for Credit Marginalized Consumers
Alt Credit Models and Platforms Improve Financial Inclusion for Credit Marginalized Consumers
April 27, 2023  |  Financial Inclusion

The traditional ways and means of scoring credit risk — and extending credit — are leaving significant swaths of consumers disenfranchised. And it’s the emergence...

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