consumer finance

Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets

Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
November 16, 2023  |  Consumer Finance

Consumers examining the debt they’re carrying — and the cost of servicing that debt — may be tempted to make the switch away from credit...

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Millennials Drive Mobile Adoption for Bill Payments
Millennials Drive Mobile Adoption for Bill Payments
November 14, 2023  |  Consumer Finance

In an increasingly complex finance environment where consumer services proliferate, consumers are searching for ways to gain control over their finances. One crucial aspect of...

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BNPL and Financial Education Unlock Opportunities for Credit-Insecure Consumers 
BNPL and Financial Education Unlock Opportunities for Credit-Insecure Consumers 
November 13, 2023  |  Consumer Finance

While credit rules may vary in other countries, in the United States, having a good credit score is the passport to securing a mortgage, a...

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Nearly 60% of Consumers Without Paycheck Pressures Have a Side Hustle Just For Fun
Nearly 60% of Consumers Without Paycheck Pressures Have a Side Hustle Just For Fun
November 09, 2023  |  Consumer Finance

Inflation has heightened the cost of living, prompting consumers, especially those living paycheck to paycheck, to look for extra ways to supplement their regular income....

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CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
November 07, 2023  |  Regulation

In a move to ensure consumer protection and regulatory oversight, the Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer...

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BMO Financial Group Launches Digital Real Financial Progress Hub
BMO Financial Group Launches Digital Real Financial Progress Hub
November 06, 2023  |  Banking

BMO Financial Group has announced the launch of its Real Financial Progress Hub, a digital platform that provides customers with access to personal finance advice,...

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LendingTree: Consumers Seek Loans but Credit Availability Has Contracted
LendingTree: Consumers Seek Loans but Credit Availability Has Contracted
October 31, 2023  |  Consumer Finance

LendingTree continued to be affected by high interest rates and consumers having difficulty accessing credit in the third quarter. Get the Full Story Complete the form...

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Rewards Drive Higher Credit Card Use Among Boomers and Seniors
Rewards Drive Higher Credit Card Use Among Boomers and Seniors
October 31, 2023  |  Credit Cards

Baby boomers and seniors — consumers born before 1965 — were the first generations to have access to credit cards, back to the 1960s and...

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Consumers Deplete Two-Thirds of Their Savings Every Four Years
Consumers Deplete Two-Thirds of Their Savings Every Four Years
October 30, 2023  |  Consumer Finance

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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