June 15, 2020
24 Hour Fitness Seeks Chapter 11 Bankruptcy Protection
24 Hour Fitness, the privately owned gym chain, announced Monday (June 15) that it filed for Chapter 11 bankruptcy protection, according to a press release. Get the Full Story Complete...
June 15, 2020
Cineworld Calls Off $2B Cineplex Movie Theater Deal
Regal owner Cineworld has called off its planned $2.1 billion takeover of Canadian exhibitor Cineplex, which would have created one of the world’s largest cinema companies with more than 11,200...
June 15, 2020
Tailored Brands Might Seek Bankruptcy Due To Pandemic
Men’s Wearhouse owner Tailored Brands might be the next significant retail company in the United States to make a bankruptcy filing as the COVID-19 crisis unfolds. Tailored — also the...
June 14, 2020
Suit Filed Against Merchant Cash Advance Companies For Fraud
Three merchant cash advance companies are facing a lawsuit from New York Attorney General Letitia James over reportedly practicing illicit measures when loaning money to clients, according to a press...
June 14, 2020
US Household Net Worth Drops Record 6.5 Pct In Q1
Stimulus payments to taxpayers totaling $267 billion was not enough to avoid a decline in household net worth in the first quarter on 2020, the largest drop since records began...
June 12, 2020
Today In Payments: FBI Issues Warning To Bank Mobile App...
In today’s top news, the FBI warns users to beware of cyberattacks, and DoorDash is expected to receive new funding that will value the company at $15 billion. Plus, Quicken...
June 12, 2020
US Debt Swells In Battle Against COVID-19 — And Bumps...
In girding for battle, it’s critical to stock up on supplies, on weapons. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
June 11, 2020
Italy’s Watchdog Probes Banks Over Debt Support
Italy’s antitrust regulator announced it was probing four financial firms, including the country’s top two banks, for allegedly withholding information and imposing unnecessary conditions on borrowers who wanted to access...
June 11, 2020
Dell Must Face VMware Deal Suit Rules Judge
Dell Technologies, Michael Dell, and their private equity backers at Silver Lake can’t dodge a lawsuit challenging the US$24 billion deal that consolidated Dell’s control of VMware by converting one...
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.