May 08, 2019
SoFi Introduces Index Fund Aimed At Gig Economy
San Francisco-based FinTech startup SoFi, known as a company that deals with student debt, has been steadily expanding into other markets, like home and personal loans, among other things. On...
May 08, 2019
Federal Reserve Voices Concern Over Corporate Debt
Record levels of corporate debt in the U.S. have caught the attention of the Federal Reserve. According to Reuters on Tuesday (May 7), the Fed released its latest financial stability report...
May 08, 2019
Western Union’s Q1 Digital Transactions Up 19 Pct
Western Union missed Wall Street estimates on the top and bottom lines amid currency headwinds and some weakness in a few international payment corridors — but logged double-digit growth in...
May 07, 2019
Battle For Pet Retail Dominance Gains Fresh Fuel
Walmart is the latest example of the power of pets in retail — a power that is having significant influence among various merchants competing for the loyalty and dollars of...
May 07, 2019
Germany: Lufthansa bids for Thomas Cook’s Condor
Lufthansa will make an offer for Thomas Cook’s German airline Condor with an option to acquire the remaining airlines of the British travel group, reported Reuters. Lufthansa boss Carsten Spohr...
May 07, 2019
Debt Collection, Done Digitally?
Unlimited texting? Perhaps. Nights and weekends – well, maybe not. The latest salvo of proposed rule-making that would change the debt collection landscape seeks to include means of communication that...
May 07, 2019
CFPB Proposes Implementation Of Fair Debt Collection Practices Act
The Consumer Financial Protection Bureau (CFPB) announced on Tuesday (May 7) that it has introduced a proposal to implement the Fair Debt Collection Practices Act. In a press release, the...
May 07, 2019
AltFin Community Advises HMRC Against Insolvency Tax Recovery Plans
The U.K. government is considering reinstating its so-called “crown preference” policy in an effort to prioritize the collection of tax payments from insolvent small businesses. At a time when small...
May 06, 2019
Asia: Telenor, Axiata creating Asian mobile giant
Norway’s Telenor and Malaysia’s Axiata Group are in talks to run a jointly owned telecoms giant in South and Southeast Asia with nearly 300 million customers, reported Bloomberg. The proposed...
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.