credit

Platforms, Alternative Lending Sources Help Fill Small Businesses’ Capital ‘Gap’
Platforms, Alternative Lending Sources Help Fill Small Businesses’ Capital ‘Gap’
January 10, 2023  |  SMBs

Banks’ pullback on small business lending is creating an opportunity for FinTechs to step in. In data released on Tuesday (Jan. 10), small business financing...

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Consumers Took on 7.1% More Debt in November
Consumers Took on 7.1% More Debt in November
January 09, 2023  |  Debt

Consumers’ debt grew at a seasonally adjusted rate of 7.1% in November. The Federal Reserve reported in a Monday (Jan. 9) statistical release that revolving...

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CFPB’s Recommendation for ‘Consumer Participation’ With Bureaus Demands Alternative Data
CFPB’s Recommendation for ‘Consumer Participation’ With Bureaus Demands Alternative Data
January 09, 2023  |  CFPB

Each year, the Consumer Financial Protection Bureau issues a report on TransUnion, Equifax and Experian. And this year, as in the past, the three reporting...

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Lenders Use Marketplaces to Bring Credit to Small Retailers
Lenders Use Marketplaces to Bring Credit to Small Retailers
January 06, 2023  |  SMBs

For Main Street’s small retailers, offering customers personalized financing options can be what separates a sale from a drive by. As much as consumers are...

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Santander Teams With Global Payments on Commercial Cards
Santander Teams With Global Payments on Commercial Cards
January 04, 2023  |  B2B Payments

Santander Bank said it’s working with Global Payments on a card offering for corporate clients. In a LinkedIn post on Wednesday (Jan. 4), Santander said that starting in...

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Sezzle Expands Credit-Building Service to Canada
Sezzle Expands Credit-Building Service to Canada
December 29, 2022  |  Buy Now Pay Later

Sezzle is now offering its credit-building service Sezzle Up in Canada. Already available in the United States, Sezzle Up now enables users of Sezzle’s buy...

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Retailers Seek Flexible Financing Options to Boost Sales, Customer Experience
Retailers Seek Flexible Financing Options to Boost Sales, Customer Experience
December 27, 2022  |  Payment Methods

Offering a broad range of financing options helps merchants’ sales while improving the customer experience. Fresh off a successful Black Friday and Cyber Monday, Vicki...

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Paycheck-to-Paycheck Consumers Have Good Credit Scores, Show More Credit Savvy
Paycheck-to-Paycheck Consumers Have Good Credit Scores, Show More Credit Savvy
December 27, 2022  |  Consumer Finance

Characterized by weakened spending power and mounting economic uncertainty, 2022 has been an economic roller coaster. Due to rising costs, growing numbers of consumers spend...

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Merchants Face Steep Prep Ahead of New Credit Card Routing Rules
Merchants Face Steep Prep Ahead of New Credit Card Routing Rules
December 22, 2022  |  Credit Cards

Deadlines loom in the United States as credit network exclusivity is set to end next year. Monica Kennedy, senior vice president and head of merchant...

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