February 18, 2019
Morgan Lewis Principal Weighs In On Payday Loan Debate
The Consumer Financial Protection Bureau (CFPB) said earlier in the month that it will look to overhaul a number of payday loan regulations that were put in place in 2017...
February 18, 2019
China’s P2P Crackdown Nets 62 Arrests, $1.5B Seized
China’s Operation Fox Hunt has led to the arrest of 62 Chinese nationals abroad and the seizure of 10 billion yuan ($1.5 billion) in assets from 380 fraudulent peer-to-peer (P2P) lending...
February 18, 2019
Capital One Offers Free Business Credit Reports
Capital One has announced the launch of Business CreditWise, an online tool that enables U.S. businesses to check their credit profiles. According to a recent Capital One survey, nearly 31...
February 18, 2019
Economists: US Debt Levels Not ‘Catastrophic’
Although the nation’s debt is on the rise, some economists are saying the unexpected: the U.S. shouldn’t be that concerned about it. According to The Wall Street Journal, annual deficits will...
February 15, 2019
Payless To Shut Down Stores After Second Bankruptcy Filing
Payless ShoeSource will close all of its stores when it files for bankruptcy for a second time later this month. Sources told Reuters that the U.S. discount retailer will shut...
February 14, 2019
EU: Widex, Sivantos US$8.3B merger approved
Danish hearing aid maker Widex expects its merger with Germany’s Sivantos to complete next month after getting European approval, reported Reuters. . The companies plan to invest more in digital...
February 14, 2019
Used Car Digital Platforms Attract More Funding
In some ways, we are in a golden age of used car sales, mainly because of the way digital technology is not only removing friction from those transactions, but taking...
February 14, 2019
JPMorgan Debuts First Bank-Backed Crypto
Might this be the validation that at least some cryptocurrency enthusiasts and advocates have been awaiting? Thursday morning (Feb. 14), CNBC reported that JPMorgan Chase will be rolling out the...
February 14, 2019
Alt Lender Fountainhead Secures SBA Loan License
Small Business Administration (SBA) loans have found a new avenue through which they can reach small businesses. A press release issued on Wednesday (Feb. 13) said that alternative lender Fountainhead...
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.