Credit Availability news and trends

sticky.io and FlexCharge Partner on eCommerce Payment Decline
Retail // October 17, 2023

Subscription management and recurring billing provider sticky.io has partnered with payment decline management firm FlexCharge. This collaboration, announced Tuesday (Oct. 17), aims to address the issue of cart abandonment and lost revenue due to payment failures faced by eCommerce merchants. According to research, online merchants lose 62% of customers...

Banking Industry Pushes Back Against Proposed Capital Rules
Bank Regulation // October 13, 2023

Two of the largest U.S. banks said capital rules proposed by U.S. regulators could have significant impacts on credit availability and pricing for businesses and consumers. J.P. Morgan Chase & Co. and Citigroup have expressed concerns that, if implemented without revisions, these rules that would require banks to...

Hello Alice Launches Best-in-Class Small Business Credit Card With Mastercard
Credit Cards // August 16, 2022

In a move to increase the availability of credit — including arrangements that improve credit scores — small-business-boosting platform Hello Alice launched the Hello Alice Small Business Mastercard Tuesday (Aug. 16). The card, issued in collaboration with Mastercard and First National Bank of Omaha, comes...

Quick Reads
LendingTree: Consumers Seek Loans but Credit Availability Has Contracted

October 31, 2023
LendingTree continued to be affected by high interest rates and consumers having difficulty accessing credit in the third quarter. During the quarter ended Sept. 30, the online lending marketplace’s revenue totaled $155.2 million, down 35% from the same quarter a year earlier, according to a shareholder letter released Tuesday (Oct. 31) in conjunction with the company’s quarterly earnings […]

sticky.io and FlexCharge Partner on eCommerce Payment Decline

October 17, 2023
Subscription management and recurring billing provider sticky.io has partnered with payment decline management firm FlexCharge. This collaboration, announced Tuesday (Oct. 17), aims to address the issue of cart abandonment and lost revenue due...

Banking Industry Pushes Back Against Proposed Capital Rules

October 13, 2023
Two of the largest U.S. banks said capital rules proposed by U.S. regulators could have significant impacts on credit availability and pricing for businesses and consumers. J.P. Morgan Chase &...

Hello Alice Launches Best-in-Class Small Business Credit Card With Mastercard

August 16, 2022
In a move to increase the availability of credit — including arrangements that improve credit scores — small-business-boosting platform Hello Alice launched the Hello Alice Small Business Mastercard Tuesday (Aug....