July 12, 2020
Bank Lending Under Pressure As Investment Banking Booms
Bank earnings have unusually high stakes this quarter, with investors’ dividends at stake and banks expected to add billions to their loan-loss reserves due to the pandemic’s economic effects, The...
July 12, 2020
$3.2B Solar Deal Would Create a New Industry Giant
Sunrun, the nation’s largest residential solar company, said on Monday that it was acquiring a leading competitor, Vivint Solar, to form one of the world’s largest providers of solar equipment....
July 10, 2020
This Week In Payments: Retail’s Digital Shift, Uber To Buy...
There was no shortage of news in payments and commerce this week, but perhaps the biggest news that didn’t make a headline was that this week marks the first full...
July 10, 2020
Department Store Redux? Scenario Planning For The DTC Business
The direct-to-consumer (D2C) business has been remade by COVID-19. Anytime a startup like Scalefast can take $22 million off the venture capital table in the middle of a pandemic, things...
July 10, 2020
Logistics, Supply Chain Tech Lead B2B Funding This Week
Taulia, a B2B FinTech startup, made headlines this week thanks to reports that the company is raising funds from Ping An Insurance Co. and J.P. Morgan Chase & Co. Get...
July 10, 2020
Punjab National Bank Faces Third Major Fraud In As Many...
Punjab National Bank shares fell by nearly 6 percent late Thursday (June 9) after it was defrauded $491 million by one of its customers, The Wall Street Journal reported. Get...
July 09, 2020
Some Creditors Reportedly Oppose AMC Deal To Avoid Bankruptcy
Movie-theater giant AMC Entertainment Holdings’ reported deal to avoid bankruptcy is running into a roadblock as some creditors oppose the deal, according to Bloomberg News. Get the Full Story Complete the...
July 09, 2020
Irish Police Raid Wirecard’s Dublin Offices
The investigation into Wirecard AG, the German electronic payment transfer company, has expanded to Ireland. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
July 09, 2020
CFPB Payday Loan Changes Scrap Ability To Repay Requirement
Earlier this week, the Consumer Financial Protection Bureau (CFPB) issued its final rule on payday lending — revoking some would-be restrictions that date back roughly three years. Get the Full...
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.