August 18, 2019
Airbnb’s Total Booking Value Soars 30 Pct. YoY
Airbnb reported strong first quarter results, with $9.4 billion in total booking value, a 31 percent boost from the previous year. Sources told The Wall Street Journal that the home...
August 16, 2019
Real-Time Payments, Venmo And SCA Delay Top Week’s News
Top News Why FedNow Will Slow Real-Time Payments “I’m from the government and I’m here to make sure you get your paychecks faster – even instantly – if you can...
August 16, 2019
Negative Interest Rates And Negative Ripple Effects
Please take out a loan. Stimulate the economy. We’ll pay you to do it. News came this week that Jysek Bank, a Danish bank that is among the largest in...
August 16, 2019
Hong Kong Probes China’s Citic Bank Lending
Amid escalating political tensions between Hong Kong and China, the Financial Times reported Thursday (Aug. 15) that Hong Kong authorities have reportedly opened an investigation into Chinese banks operating in...
August 16, 2019
GE Accused Of $38B Accounting Fraud
General Electric has been targeted in accusations of massive accounting fraud by the whistleblower that called out Bernard Madoff’s Ponzi scheme, reports in CNBC said on Thursday (Aug. 15). According...
August 15, 2019
Unpaid Student Loans And Credit Card Debt Mount In US
An increasing number of Americans are struggling to keep up with their student loan and credit card debt, Reuters reported on Tuesday (Aug. 13). The number of student loans unpaid...
August 15, 2019
JPMorgan Beats Out Morgan Stanley To Finance WeWork IPO
After losing out on the chance to be top underwriter, Morgan Stanley has stepped away from any role in WeWork’s upcoming IPO. Instead, JPMorgan Chase & Co. holds the lead...
August 14, 2019
Macy’s Lackluster Q2 Hints At Troubled Future For Department Stores
There are earnings misses, and there are big earnings misses, and Macy’s spring quarter results Wednesday (Aug. 14) were far more a case of the latter than the former. Macy’s...
August 13, 2019
More Than Pretty Pictures: Visual Commerce’s Rise Boosts Retail
For fans of retail or marketing history — or just fans of how people communicated in the past — reading old magazine and newspaper advertisement from, say, before the 1960s...
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.