credit

Business-Focused Hotels Reportedly Have Difficulty Accessing Credit
Business-Focused Hotels Reportedly Have Difficulty Accessing Credit
March 06, 2023  |  Loans

Business-focused hotels that survived the pandemic shutdowns are now facing other challenges. Difficulty accessing credit is among the problems they are coping with today, The...

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Embedded Finance Brings Banking to Underserved Consumers No Matter Where They Are  
Embedded Finance Brings Banking to Underserved Consumers No Matter Where They Are  
March 02, 2023  |  Banking

For student-athletes, managing money is no layup. No easy line drive. Pick your sports metaphor. Younger consumers who spend much of their lives on the...

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Are Payments Plans the Fix For Rampant Medical Debt Default?
Are Payments Plans the Fix For Rampant Medical Debt Default?
February 19, 2023  |  Healthcare

Some unpaid medical bills will disappear from credit reports. But the hit and miss of collections will continue to hurt providers and patients. As has...

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PayPal Backs Australia’s BNPL Regulation Plans
PayPal Backs Australia’s BNPL Regulation Plans
February 16, 2023  |  BNPL

PayPal has lent its support to Australia’s planned buy now, pay later (BNPL) regulations. In a letter released Thursday (Feb. 16) as part of a government inquiry into...

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Goldman Sachs Abandons Plan for Consumer Credit Card
Goldman Sachs Abandons Plan for Consumer Credit Card
February 15, 2023  |  Digital-First Banking

Goldman Sachs has reportedly stopped plans to launch a branded credit card for retail customers. Reached for comment Wednesday (Feb. 15) by PYMNTS, a spokesperson...

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CFPB: Strong Labor Market and Pandemic Relief Drove Down Collections
CFPB: Strong Labor Market and Pandemic Relief Drove Down Collections
February 14, 2023  |  Debt

A strong labor market and pandemic relief programs helped consumers keep current on their bills. As a result, from 2018 to 2022, the total number...

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Members Will Stay Loyal When Credit Unions Stop Being Digital ‘Laggards’
Members Will Stay Loyal When Credit Unions Stop Being Digital ‘Laggards’
February 13, 2023  |  Credit Unions

For credit unions, short-changing innovation will have long-term, negative consequences. PSCU CEO Chuck Fagan told Karen Webster that in order to keep members loyal, CUs...

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Alternative Data Gives Lenders Better Insight to Small Business Finances
Alternative Data Gives Lenders Better Insight to Small Business Finances
February 08, 2023  |  SMBs

These are tough times for small businesses. Enigma Technologies Chief Operating Officer and Chief Product Officer Scott Steinberg told PYMNTS that economic uncertainty is not...

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Bond CEO Says Secured Credit Cards Help Consumers Build Strong Credit Profiles
Bond CEO Says Secured Credit Cards Help Consumers Build Strong Credit Profiles
February 08, 2023  |  Opinion

Firms that offer secured credit cards directly to customers will see a boost this year, Bond CEO Roy Ng writes in the new PYMNTS eBook,...

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