credit

Fed: Pandemic Caused In-Person Card Payments to Drop by $11.7B in 2020
Fed: Pandemic Caused In-Person Card Payments to Drop by $11.7B in 2020
December 22, 2021  |  Consumer Payments

In a report released Wednesday (Dec. 22), the Federal Reserve said that payment behavior saw a massive, pandemic-driven shift in 2020. As in-person commerce dwindled,...

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PayCargo Capital, Evolve Bank & Trust Offer Funding to Freight Forwarders, Cargo Owners
PayCargo Capital, Evolve Bank & Trust Offer Funding to Freight Forwarders, Cargo Owners
December 22, 2021  |  Transportation

PayCargo Capital has partnered on lending with FinTech Evolve Bank and Trust to allow freight forwarders and cargo owners to apply for and get credit...

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Buy Now, Pay Later Boom Shows Business Value of Giving Customers a Second Chance
Buy Now, Pay Later Boom Shows Business Value of Giving Customers a Second Chance
December 21, 2021  |  Buy Now Pay Later

Roughly one-quarter of Americans making anywhere from $50,000 to more than $100,000 per year have found themselves cut off from traditional credit due to past...

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FinTech OppFi Names Ex-Kiva Chief Neville Crawley as New CEO
FinTech OppFi Names Ex-Kiva Chief Neville Crawley as New CEO
December 20, 2021  |  Personnel

OppFi, a FinTech that powers banks to broaden credit access, announced Monday (Dec. 20) that effective Dec. 31, company president Neville Crawley will succeed Jared...

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Equifax to Include BNPL Plans in Credit Reports
Equifax to Include BNPL Plans in Credit Reports
December 19, 2021  |  Buy Now Pay Later

Credit reporting agency Equifax is putting a plan in place next year to add buy now, pay later (BNPL) plans to credit reports, which hasn’t...

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Why Some People’s Credit Scores Spiked During COVID
Why Some People’s Credit Scores Spiked During COVID
December 16, 2021  |  Consumer Finance

The early months of the pandemic saw businesses close their doors, putting millions of people out of work. At the same time, there was a...

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Amid Holiday Season, Capital One, JPMorgan Maintain Top Credit Card Apps
Amid Holiday Season, Capital One, JPMorgan Maintain Top Credit Card Apps
December 15, 2021  |  Mobile Applications

In the holiday shopping season, some things remain the same, at least when it comes to the top credit card apps. Consumers may be grappling...

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India’s Digital Payments Incentive Push May Come at Visa, Mastercard’s Expense
India’s Digital Payments Incentive Push May Come at Visa, Mastercard’s Expense
December 15, 2021  |  Digital Payments

In India, the government has set its sights on getting digital transactions even more firmly entrenched, and on promoting the use of debit cards (specifically...

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BoA Debuts Luxury Credit Card With Airline, Lifestyle Credits
BoA Debuts Luxury Credit Card With Airline, Lifestyle Credits
December 14, 2021  |  Credit Cards

Bank of America is debuting a luxury credit card called the Bank of America Premium Rewards Elite card, CNBC reported. The card was rolled out...

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