November 21, 2019
Aspiration Bank Struggles To Raise More Capital
A digital bank that raised $110 million from investors — including celebrities Leonardo DiCaprio and Orlando Bloom — is suddenly struggling to find additional funding, CNBC reported on Thursday (Nov....
November 20, 2019
Deep Dive: Giving Healthcare Payments A Real-Time Upgrade
The healthcare market is not immune to payment frictions, as costly inefficiencies can force hospitals to chase payments and prompt 47 percent of patients to consider seeking medical treatments elsewhere....
November 20, 2019
Carl Icahn Bets On Mall Owners Defaulting On Debt
Billionaire investor Carl Icahn is betting against mall owners. Sources told The Wall Street Journal that Icahn can potentially gain $400 million or more if mall owners aren’t able to...
November 20, 2019
NEW DATA: Two-Thirds Of SMBs Show Interest In Immediate Payments To Boost Cash...
U.S. suppliers face a $3.1 trillion accounts receivable (AR) problem. That is how much their buyers collectively owe them on any given day. Waiting to receive $3.1 trillion in IOUs...
November 19, 2019
More Regulatory Trouble Could Be Heading Short-Term Lenders’ Way
Keeping track of the legal status of short-term lending in the U.S. – which encompasses financial products such as payday loans, pawn loans and title loans – has become something of...
November 19, 2019
Estee Lauder Agrees To Buy Asian Beauty Brand
In what is reportedly its first acquisition of an Asian beauty brand, Estee Lauder Cos. has agreed to purchase two-thirds of Dr. Jart+ cosmetics owner Have & Be Co. for...
November 18, 2019
Africa Gains Global FinTech Investor Favor
The potential to bring electronic payments to the continent of Africa, home to 1.2 billion unbanked and underbanked individuals, has been enough to lure FinTech investment from investors across the...
November 18, 2019
Coty Plans To Buy Controlling Stake In Kylie Cosmetics
As part of a wave of fledgling cosmetics lines capitalizing on social media and celebrity founders, Kylie Jenner’s Kylie Cosmetics is on pace for approximately $200 million in sales this year....
November 17, 2019
Sterling Bancorp Names Leaders Of Innovation Finance Group
Sterling Bancorp announced that it has launched its new Innovation Finance Group, and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. The new group will...
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.