consumer credit

CapOne Earnings Show Accelerated Digital Shift, Improving Credit Metrics
CapOne Earnings Show Accelerated Digital Shift, Improving Credit Metrics
January 26, 2021  |  Earnings

Capital One Financial said on Tuesday (Jan. 26) that, in its fourth quarter, consumer credit metrics improved as consumers continued to pay down debt. In...

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Today In Payments: Ripple Faces SEC Lawsuit It Says Would Cripple Cryptocurrency Industry; Peloton Buys Fitness Equipment Maker Precor
Today In Payments: Ripple Faces SEC Lawsuit It Says Would Cripple Cryptocurrency Industry; Peloton Buys...
December 22, 2020  |  News

In today’s top news, Ripple said it faces a lawsuit from the SEC over the sale of unlicensed securities and Peloton has acquired fitness equipment...

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Tough Times in Consumer Credit Could Push Some Americans to Nontraditional Lenders
Tough Times in Consumer Credit Could Push Some Americans to Nontraditional Lenders
June 08, 2020  |  Economy

April wasn’t a good month for consumer-credit use. According to the latest Federal Reserve data, U.S. consumer borrowing dropped 19.6 percent — its fastest decline...

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New Fiserv Program Aims To Cover Residential And Commercial Rent
New Fiserv Program Aims To Cover Residential And Commercial Rent
June 04, 2020  |  Alternative Credit

For individuals and small businesses that are having trouble covering the rent during the COVID-19 economic collapse, but might have a credit card or line...

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Innovating Next-Gen Credit Solutions
Innovating Next-Gen Credit Solutions
April 30, 2020  |  Alternative Credit

A steady progression of credit throughout decades finds payments at a new frontier. Traditional card products and the payment rails established to facilitate their transactions...

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Venmo App Lets Parents Create Debit Card For Kids
Venmo App Lets Parents Create Debit Card For Kids
February 24, 2020  |  Merchant Innovation

Venmo is branching out to target a new demographic in its payments service: teenagers, according to published reports on Monday (Feb. 24). A new proposed...

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LendingClub President: FICO’s New Model Won’t Save A Credit Scoring ‘Dinosaur’
LendingClub President: FICO’s New Model Won’t Save A Credit Scoring ‘Dinosaur’
January 24, 2020  |  Consumer Finance

In lending, in determining whether credit is likely to be repaid by a borrower, the devil is in the details. What if the details are...

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Verizon Partners With Synchrony On Credit Card Offering
Verizon Partners With Synchrony On Credit Card Offering
January 24, 2020  |  Consumer Finance

Verizon is partnering with financial firm Synchrony to put out its own consumer card in the first half of this year, they said on Thursday...

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Goldman Extends $10B In Apple Card Credit In First Month
Goldman Extends $10B In Apple Card Credit In First Month
November 03, 2019  |  Apple

Goldman Sachs said it doled out about $10 billion in credit lines in just over month for the Apple-branded credit card, Bloomberg reported on Friday...

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