credit

Credit Crunch Crushes Dreams: Millions Face Loan Rejections, NY Fed Reports
Credit Crunch Crushes Dreams: Millions Face Loan Rejections, NY Fed Reports
November 20, 2024  |  Debt

Credit is getting harder to come by, especially for auto loans, mortgages and those with low credit scores. Amid an environment where lenders are tightening,...

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Fed’s Supervision Report Takes Note of Rising Card Delinquencies
Fed’s Supervision Report Takes Note of Rising Card Delinquencies
November 18, 2024  |  Banking

The banking system is sound, and resilient, according to the Federal Reserve. But the performance of some of the loans on banks’ books — particularly...

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Commercial Cards Become Cash Flow Catalysts for Cross-Border B2B Payments
Commercial Cards Become Cash Flow Catalysts for Cross-Border B2B Payments
November 18, 2024  |  Cross-border Payments

Cross-border trade is a huge business, totaling roughly $190 trillion in 2023. Sourcing goods and services globally and establishing supply chains that transcend borders have...

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CFOs and Treasurers Rethink ROI on Cash and Working Capital Strategies
CFOs and Treasurers Rethink ROI on Cash and Working Capital Strategies
November 18, 2024  |  VISA

CFOs’ and treasurers’ offices are among the most difficult stops on the digital roadmap in finance and yet are part of the corporate C-suite that...

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New Bank Capital Rules May Pressure Credit Access for Paycheck-to-Paycheck Consumers
New Bank Capital Rules May Pressure Credit Access for Paycheck-to-Paycheck Consumers
November 15, 2024  |  Credit Cards

Consumers are borrowing more on their credit cards — just to pay the monthly bills. And as financially struggling consumers move toward hitting their spending...

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Mastercard Expands Live Music Experience Offering
Mastercard Expands Live Music Experience Offering
November 14, 2024  |  Mastercard

Mastercard is giving cardholders a new way to enjoy live music beginning early next year. The company is expanding its live music experiences for cardholders...

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MoneyLion CEO: Checkout Extends Our Evolution From Neobank to Financial Services Marketplace
MoneyLion CEO: Checkout Extends Our Evolution From Neobank to Financial Services Marketplace
November 14, 2024  |  Payments Innovation

Call it a financial services ecosystem or even a financial services marketplace. But don’t call MoneyLion a neobank. As CEO Dee Choubey told Karen Webster...

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Nearly Three-Quarters of Small Businesses Using Embedded Lending Access Bigger Credit Lines
Nearly Three-Quarters of Small Businesses Using Embedded Lending Access Bigger Credit Lines
November 14, 2024  |  SMBs

Small and medium-sized businesses (SMBs) face challenges when securing credit, especially in an uncertain economy. Embedded lending, which integrates credit options directly into purchase platforms,...

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Banks Target Account Opening Tech to Avoid Deposit Drift’s ‘Death by 1,000 Cuts’
Banks Target Account Opening Tech to Avoid Deposit Drift’s ‘Death by 1,000 Cuts’
November 13, 2024  |  Digital Banking

The average consumer has 5.3 bank accounts. Now that the Consumer Financial Protection Bureau has issued a final rule on data sharing, the age of...

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