May 24, 2019
Multibillion-Dollar B2B FinTech Firms Emerge From Investors’ Pockets
The B2B FinTech market flexed its muscles this week, with investments landing at alternative small business lending, payroll and Software-as-a-Service (SaaS). However, the big news includes the emergence of a...
May 23, 2019
Zero Raises $20M To Launch Cash-Back Debit Card
Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. The round, which...
May 23, 2019
CFPB Expands Financial Tool For Military Members
The Consumer Financial Protection Bureau (CFPB) has expanded a financial education tool called Misadventures in Money Management (MiMM), which is aimed at educating service members and helping them manage their...
May 23, 2019
Bank of Chicago CEO Indicted For Bribing Manafort
Stephen Calk, the founder of the Federal Savings Bank of Chicago, a mortgage lender and a former economic adviser to President Trump’s 2016 campaign, has been charged with bribing Paul...
May 22, 2019
Nuvei To Acquire SafeCharge For $889M
In an all-cash deal valued at $889 million, Nuvei Corp plans to purchase SafeCharge International Group Ltd. The firms noted that shareholders of SafeCharge would receive $5.55 of cash for...
May 22, 2019
Shadow Banking Casts Shadows Over Economic Heavyweights
The U.S. and China have begun to concern some economists with record levels of corporate debt. However, when U.S. Federal Reserve Chairman Jerome Powell spoke on the issue during a...
May 22, 2019
Fed Chairman Weighs In On Corporate Debt Risk
Federal Reserve Chairman Jerome Powell offered his thoughts on rising corporate debt levels in the U.S. and abroad just weeks after the Fed released its latest financial stability report, which...
May 21, 2019
US: NY AG, mayor launch inquiries in taxi industry practices
The New York Attorney General’s office and New York Mayor Bill de Blasio have both ordered investigations into the practices of the taxi industry that has resulted in drivers saddled...
May 21, 2019
Allied Wallet Settles With FTC Over Fraudulent Payment Allegations
Payment company Allied Wallet and its owner, Ahmad Khawaja, as well as two officers, Mohammad Diab and Amy Rountree, have settled with the Federal Trade Commission (FTC) over allegations of...
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.