May 17, 2019
CFPB Sues Debt-Collection Agency Over Deception Allegations
The Consumer Financial Protection Bureau (CFPB) said Friday (May 17) that it has filed a lawsuit in federal court against a debt-collection agency that, the agency said, violated the Fair Debt...
May 16, 2019
European Central Bank Says EU Banks Shun Cross-Border Activity
Eurozone banks are at risk of fragmentation and are turning away from cross-border activity, Reuters reported. European Central Bank Vice President Luis de Guindos shared his thoughts on the issue...
May 16, 2019
Pew Blasts CFPB Payday Lending Proposal
As the Consumer Financial Protection Bureau (CFPB) wades through the public comments about rules regarding payday lending, The Pew Charitable Trusts has weighed it with its own letter, this one...
May 16, 2019
The Problems With Postal Banking
Last week presidential candidate Sen. Bernie Sanders and freshman New York Rep. Alexandria Ocasio-Cortez made a lot of headlines with the Loan Shark Prevention Act — a big, wide-ranging piece of...
May 16, 2019
China Tariffs Will Cause Price Hike At Walmart
Walmart’s prices will rise due to the ongoing trade war between the U.S. and China, according to a report by Reuters. The company shared the news that tariffs on goods...
May 15, 2019
Alibaba Core Commerce Sales Rise 54 Pct.
Amid a trade war between China and the U.S., Alibaba Group Holding Ltd. reported headline numbers that topped the Street, with double-digit growth core commerce operations that accelerated from last...
May 15, 2019
JPMorgan To Invest $125M In Underserved Communities
JPMorgan Chase announced Wednesday (May 15) it is investing $125 million over the next five years to help the financial health of underserved communities across the globe. In a press release,...
May 14, 2019
Battle Over Payday Lending Shifts To Public Comments
The battle over payday lending — specifically, how tough U.S. federal rule will be in governing the industry — is heating up as an important deadline looms. Letters favorable to the payday...
May 14, 2019
Uber’s Fall To Give Rise To Investor (IPO) Caution?
In the wake of what can only be termed a disappointment, Uber’s IPO may paint other companies that are newly public or aiming to come public with a broad, and...
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.