February 07, 2020
Coronavirus Impact Threatens SMBs, Credit Ratings In China
It gets worse, across all corners, across seemingly all industries. In terms of impact, everything pales next to the loss of life, and widespread illness, wreaked by the coronavirus. But...
February 06, 2020
Signature Bank Taps Tech For Simplified AP
Chicago-based Signature Bank is rolling out a technology platform called Finrails AP to simplify B2B payments, the company announced on Thursday (Feb. 6). Finrails AP offers businesses a cloud-based accounts payable...
February 06, 2020
Waters Tells CFPB Head To Do Better
The chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, told the head of the Consumer Financial Protection Bureau (CFPB), Kathy Kraninger, that the organization needs to do...
February 06, 2020
Lawmakers Grill Consumer Groups On ‘Rent-A-Bank’ Schemes
At a Wednesday (Feb. 5) hearing before the House Financial Services Committee, representatives from several consumer groups said “rent-a-bank” schemes harm consumers through predatory lending. The hearing was titled “Rent-a-Bank...
February 05, 2020
In Search Of Consumer Spending’s New Normal
If pre-season estimates were correct, this holiday season was worth $1 trillion in the United States alone. And even if it doesn’t quite make it over the trillion-dollar milestone, consumer spending...
February 04, 2020
Money Transfer Startup Azimo Secures €20M In Debt Equity
Money transfer FinTech startup Azimo has closed a €20 million debt finance deal from the European Investment Bank (EIB), according to reports on Tuesday (Feb. 4). The funds will be...
February 04, 2020
The JOBS Act Eyes A New Generation Of SMB Investors
Among the most disruptive changes introduced in 2016 by the Jumpstart Our Business Startups (JOBS) Act is the opportunity for small, private businesses to raise capital via crowdfunding, adding yet...
February 04, 2020
Home Buying Goes Digital And Comes With Cash Back
Location, location, location: It’s the mantra of real estate. And in the digital age, the ideal location for, well, finding the ideal location has become an online platform. Zillow springs to mind,...
February 03, 2020
Remitly Taps Immigrant Market With New Passbook Banking Service
Seattle global remittance startup Remitly is rolling out a new banking product created especially for immigrants, the company announced Monday (Feb. 3). North America’s biggest independent digital remittance company is...
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.