Banks and corporates by and large showed cautious optimism regarding consumer spending during the first-quarter earnings season. Now, the operative question surrounds the use of credit for the balance of Q2 and the rest of 2024. Will consumers want to borrow to maintain their spending?...
Embedded lending may gain new consideration at the point of sale as cash-strapped consumers grapple with the pain of emergency expenses. And it may help them pay for at least some “everyday” essentials, too. The PYMNTS Intelligence and Visa report “The Embedded Lending Opportunity” found...
Consumer financing solutions can help businesses build trust and loyalty with consumers, Versatile Credit CEO Ed O’Donnell writes in the new PYMNTS eBook, “The Implications of Uncertainty.” As we end the first quarter of 2024, businesses across the country are navigating an array of...
Dental services represent a $155 billion market that is projected to grow to $254 billion by 2032. Against that backdrop, it’s critical, especially in an inflationary environment, to include financing at the point of treatment to marry patient care with dental services and help ensure...
July 03, 2024
It’s a challenging time at retail — both online and in-store. Merchants are grappling with a volatile economy and the fact that consumers, in at least some cases, are reining in their spending. Max Rieck, CFO at Versatile Credit; Chris Guido, head of TD Owned Brands, Sponsorships and Emerging Opportunities for TD Retail Card Services; […]
May 09, 2024
Banks and corporates by and large showed cautious optimism regarding consumer spending during the first-quarter earnings season. Now, the operative question surrounds the use of credit for the balance of...
April 24, 2024
Consumer financing solutions can help businesses build trust and loyalty with consumers, Versatile Credit CEO Ed O’Donnell writes in the new PYMNTS eBook, “The Implications of Uncertainty.” As we...
March 04, 2024
Dental services represent a $155 billion market that is projected to grow to $254 billion by 2032. Against that backdrop, it’s critical, especially in an inflationary environment, to include financing...
January 15, 2024
Embedded lending platform Versatile Credit has named a new finance chief and new engineering head. Max Rieck, a veteran of companies such as Fiserv and Pineapple Payments, is joining Versatile as chief financial officer, the company announced Monday (Jan. 15). “His expertise in scaling financial operations and integrating strategic initiatives will be invaluable to Versatile Credit, especially as the company […]
December 19, 2023
Versatile Credit has integrated with Prove Identity to both enhance its fraud screening and streamline its customer onboarding experience. As a software provider connecting merchants, lenders and consumers for point-of-sale loans, Versatile Credit...
December 12, 2023
Intellicheck will provide identity verification services for financing platform Versatile Credit. “Intellicheck’s identity validation solution gives Versatile Credit merchants the ability to extend credit with confidence, allowing them to quickly...
October 05, 2023
Versatile Credit has partnered with Acima Leasing to offer merchants access to Acima’s lease-to-own (LTO) prequalification feature. This partnership will help merchants optimize their financing and leasing programs, and provide a seamless leasing...
