September 11, 2024
This Week in Web3: Crypto Scams and Payments Surge
Cryptocurrencies were created to address supposed pain points across the financial system. By decentralizing transaction verification and record-keeping through a distributed ledger, blockchain-based digital assets remove the need for intermediaries...
September 11, 2024
Fast Fashion? Zara to Bring Pre-Owned Clothing Service to US
Fast-fashion brand Zara is bringing its secondhand clothing marketplace to the U.S. Zara Pre-Owned, which lets customers sell, donate or repair secondhand clothing, is set to launch in the U.S. by the...
September 11, 2024
Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs...
The pace of price increases overall is slowing. But the costs of some key essentials remain stubbornly high, and they ticked higher in August. The Bureau of Labor Statistics announced...
September 11, 2024
Could Generational Change Be The Next Wild Card For Financial...
Cultivating a culture of adaptability positions firms to thrive despite economic wild cards, Franklin Madison Chief Financial Officer Preston Porter writes in a new PYMNTS eBook, “Beyond the Horizon: How...
September 10, 2024
French Startup Neat Raises $55 Million for Embedded Insurance Offering
French embedded insurance startup Neat has raised 50 million euros (about $55 million). This total includes about 60% in equity and 40% in debt, TechCrunch reported Tuesday (Sept. 10). Neat helps...
September 10, 2024
Apollo and State Street Launch Private-Public Credit ETF
Apollo Global Management and State Street are reportedly launching a private-public credit exchange traded fund. That’s according to a report Tuesday (Sept. 10) by the Financial Times (FT), which noted...
September 10, 2024
Consumers Could Find Economic Impact Of Interest Rate Cuts To...
The only question surrounding rate cuts from the Federal Reserve boils down to not “when?” but … “how much?” The central bank seems all but certain to tamp down interest...
September 10, 2024
Census Bureau: Household Income Climbed 4% in 2023
American household incomes increased 4% last year, the first significant increase since before the pandemic, according to the Census Bureau. The data showed that real median household income was $80,610...
September 10, 2024
EU Faces Critical Innovation Gap, Draghi Report Urges Antitrust Reforms
In a new report released on September 9, former European Central Bank President Mario Draghi has highlighted the European Union’s (EU) concerning decline in competitiveness and warned of a widening innovation...
The “Buy Now, Pay Later Tracker®,” a PYMNTS and Afterpay collaboration, brings you the latest news and research from the buy now, pay later space. It features expert analysis of changing payment trends as well as insights from top insiders within the retail and fashion industries.
Discouragement, fear and frustration stop consumers when it comes to improving their credit scores, with at least 15% either not knowing where to begin or afraid of taking on more debt. PYMNTS Intelligence’s latest study of 2,558 consumers reveals the knowledge and tools consumers need to succeed in today’s economic environment.
Read more in “The Credit Accessibility Series: Declining Purchasing Power Pushes Consumers to Improve Credit Scores,” a collaboration with Sezzle.