credit

Fixing A Credit-Data Dearth That’s Hurting Lending More Than COVID-19
Fixing A Credit-Data Dearth That’s Hurting Lending More Than COVID-19
October 09, 2020  |  Credit Cards

The pandemic has cast a chill across the loan process, but Matt Harris, co-founder and CEO of Bloom Credit, told PYMNTS that a lack of...

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Today In Payments: Big Tech Slams House Antitrust Report; Credit Card Borrowing Falls
Today In Payments: Big Tech Slams House Antitrust Report; Credit Card Borrowing Falls
October 08, 2020  |  News

In today’s top news, Big Tech slammed the House antitrust report, and credit card debt has fallen for the sixth consecutive month. Plus, Revolut launches...

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Americans Pull Back On Credit Card Borrowing
Americans Pull Back On Credit Card Borrowing
October 07, 2020  |  Economy

Americans cut their credit card balances in August for the sixth consecutive month, the Federal Reserve System reported Wednesday (Oct. 7). Get the Full Story...

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Razer Fintech, Visa Pitch New Prepaid Card To Young Adults In Singapore
Razer Fintech, Visa Pitch New Prepaid Card To Young Adults In Singapore
October 06, 2020  |  Payment Methods

Razer Fintech and Visa have unveiled a new prepaid card, dubbed the Razer Card, now in its test phase. The Singapore-based financial technology company said...

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Venmo Launches Credit Card Featuring User QR Codes
Venmo Launches Credit Card Featuring User QR Codes
October 05, 2020  |  Payment Methods

Venmo, the mobile payment service owned by PayPal, announced Monday (Oct. 5) it has introduced its first-ever credit card issued by Synchrony and powered by...

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More Private Equity Managers Turning To NAV Credit Facilities
More Private Equity Managers Turning To NAV Credit Facilities
October 04, 2020  |  Investments

Private equity managers are turning to specialty borrowing facilities to make sure they can survive the coronavirus pandemic, the Financial Times (FT) reports, though this...

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Goldman Sachs To Pay $2.5B For General Motors’ Credit Card Business
Goldman Sachs To Pay $2.5B For General Motors’ Credit Card Business
October 01, 2020  |  Partnerships / Acquisitions

Goldman Sachs has beat out competitor Barclays to buy General Motors (GM)’s credit card business, according to a report from The Wall Street Journal (WSJ)....

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Mastercard On The ‘Digital-First’ Transformation Of Credit Cards Into Daily Money Management Tools
Mastercard On The ‘Digital-First’ Transformation Of Credit Cards Into Daily Money Management Tools
October 01, 2020  |  Digital Payments

The great digital shift is transforming credit cards into money management tools. Get the Full Story Complete the form to unlock this article and enjoy...

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Credit, Debit And The Credit Union Conundrum
Credit, Debit And The Credit Union Conundrum
September 30, 2020  |  Credit Unions

Close to half of the credit union (CU) executives surveyed by PYMNTS earlier in the year expected credit card processing revenues to outstrip debit in...

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