credit

PSCU to Provide Card Processing Services to NorState Federal Credit Union
PSCU to Provide Card Processing Services to NorState Federal Credit Union
December 05, 2023  |  Credit Unions

Maine-based NorState Federal Credit Union will receive debit and credit card processing services and support from credit union service organization (CUSO) PSCU. Get the Full...

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When There Is No FICO: AI and ML Transform Emerging Market Lending
When There Is No FICO: AI and ML Transform Emerging Market Lending
December 05, 2023  |  Artificial Intelligence

Artificial intelligence (AI) and machine learning (ML) are no longer emerging technologies. Get the Full Story Complete the form to unlock this article and enjoy...

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Nearly 1 in 5 Consumers Apply for BNPL to Bypass Hard Checks That Hurt Credit Scores
Nearly 1 in 5 Consumers Apply for BNPL to Bypass Hard Checks That Hurt Credit...
December 04, 2023  |  Buy Now Pay Later

Buy now, pay later (BNPL) has emerged as a popular credit option, enabling consumers to make purchases immediately but pay for them in smaller installments...

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BIS Report: BNPL Plans Pose Risks and ‘Warrant Monitoring’
BIS Report: BNPL Plans Pose Risks and ‘Warrant Monitoring’
December 04, 2023  |  BNPL

Buy now, pay later (BNPL) plans have been marked by higher delinquency rates even as growth and enthusiasm for those payments offerings have soared, the...

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Only 1 in 4 Consumers Have Good Understanding of Credit Products
Only 1 in 4 Consumers Have Good Understanding of Credit Products
December 04, 2023  |  Consumer Finance

Improving credit scores can have significant financial benefits for consumers by accessing better lending conditions and low interest rates. With improved scores, consumers can increase...

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BNPL App Cashea Grows in Venezuela Amid Pent-Up Demand for Credit
BNPL App Cashea Grows in Venezuela Amid Pent-Up Demand for Credit
December 01, 2023  |  Buy Now Pay Later

Buy now, pay later (BNPL) app Cashea is reportedly experiencing growth as it provides a much-needed solution to credit-starved consumers in Venezuela. Get the Full...

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Fed: Smaller Banks Report Pressure on Commercial Loan Demand
Fed: Smaller Banks Report Pressure on Commercial Loan Demand
November 30, 2023  |  Economy

The Federal Reserve’s Beige Book — released eight times a year — collects qualitative observations about current economic conditions across the central bank’s dozen districts....

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CFPB Handles 20,000 Consumer Complaints Per Week
CFPB Handles 20,000 Consumer Complaints Per Week
November 30, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sends 20,000 complaints to companies for responses every week. Get the Full Story Complete the form to unlock this...

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Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry
Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry
November 29, 2023  |  Regulation

House Financial Services Committee (HFSC) Chairman Patrick McHenry of North Carolina said Wednesday (Nov. 29) the Consumer Financial Protection Bureau (CFPB) is serving as a...

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