March 07, 2018
Gig Workers Pursue Careers, Part-Time Jobs Or Their Dreams
With the rise of platforms such as Uber and Postmates, the gig economy market is booming. In 2016 alone, 34 percent of the American workforce was made up of freelancers...
March 05, 2018
Small Bank Credit Card Losses Explode
Smaller banks have spent years competing with their larger fellows in signing up credit card customers. Now they are facing the ugly flipside of highly active credit underwriting — increasing...
March 02, 2018
Paychex Expands With Lessor Acquisition
Payroll and human capital management company Paychex is growing through the acquisition of industry peer Lessor Group. The companies said Thursday (March 1) that small business (SMB)-targeting Paychex will acquire...
March 01, 2018
Overdue US Card Debt Hits 7-Year High
The U.S. consumer credit picture continues to look grim as 2018 is coming into the end of its first quarter. Despite economic performance across the economy that is nearly universally...
February 20, 2018
What The Climbing Debt Defaults Really Mean For The Economy
By many measures, the economy looks strong. The stock market — despite a fairly steepWh correction a week ago — is still well ahead of where it was a year ago...
February 14, 2018
Inflation: The Roughest Word For Markets
It’s not a four-letter word, but a nine-letter word and it has a bit of shock effect anyway — particularly for investments: inflation. All eyes are currently on inflation in the U.S., which...
February 12, 2018
In The Age Of Big Data, Why Are We Still...
In a world where we’re bombarded daily — even hourly — by data points on everything from stock prices and market cap to retail sales and consumer spending to cryptocurrency’s ups...
February 09, 2018
Senate Banking Committee Gives McWilliams The Nod To Become Chair...
The Senate Banking Committee signed off on President Donald Trump’s nomination of Jelena McWilliams to become the next chair of the Federal Deposit Insurance Corporation (FDIC), although the appointment still faces...
February 06, 2018
Apocalypse Not: Brick-And-Mortar Retail Is Neither Dead Nor Dying
Frozen food didn’t kill the restaurant. Telephones didn’t kill human interaction. And eCommerce won’t kill brick-and-mortar retail. That’s L Brands CEO and Chairman Les Wexner’s theory, as reported by The Wall...
With 96% of corporates that offer earned wage access saying it helps attract new talent, and 75% of millennials saying that it would influence their acceptance of a job offer, it’s obvious why almost two-thirds of employers see earned wage access as a low-cost tool for employee recruitment and retention. PYMNTS examines the trend in the latest issue of the “Money Mobility Tracker®,” a collaboration with Ingo Money.
