credit

House Republicans Slam CFPB’s Medical Bill Proposal
House Republicans Slam CFPB’s Medical Bill Proposal
August 15, 2024  |  Consumer Finance

House Republicans are attacking a proposal that would remove medical bills from consumer credit reports. The Consumer Financial Protection Bureau (CFPB) issued its proposed rule...

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Setpoint Raises $31 Million to Shore Up Credit Infrastructure
Setpoint Raises $31 Million to Shore Up Credit Infrastructure
August 14, 2024  |  Investments

Credit infrastructure provider Setpoint has raised $31 million in a Series B round. The funding round, led by 645 Ventures, will help fuel research and...

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Lili Teams With Dun & Bradstreet on Business Banking
Lili Teams With Dun & Bradstreet on Business Banking
August 13, 2024  |  Partnerships

Lili, a small business-focused financial platform, launched a business banking collaboration with Dun & Bradstreet. “More than three-quarters of small business owners are concerned about...

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Fed Sees Credit and Revolving Debt Inch Upward in July
Fed Sees Credit and Revolving Debt Inch Upward in July
August 12, 2024  |  Debt

Banks have reported earnings, and the Federal Reserve’s quarterly report on the status of banks’ assets, liabilities and other aspects of financial conditions are in....

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Amazon and Santander Launch Visa Card in Germany
Amazon and Santander Launch Visa Card in Germany
August 12, 2024  |  Credit Cards

Amazon teamed with Santander to launch a new Amazon Visa card in Germany. The card lets users earn rewards while shopping on and off Amazon’s...

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Grubhub VP Says in-App Wallet Could Boost Average Check
Grubhub VP Says in-App Wallet Could Boost Average Check
August 09, 2024  |  Aggregators

As aggregators look to drive spending despite consumers’ belt-tightening behaviors, Grubhub is using new digital features to drive up check sizes. The company announced earlier...

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Firstcard Expands Credit-Building Platform to More Consumers
Firstcard Expands Credit-Building Platform to More Consumers
August 08, 2024  |  Credit Cards

Credit-building platform Firstcard is expanding its focus from college students into new markets. The company announced Thursday (Aug. 8) that it had extended its services...

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CompoSecure: Issuers Adopt Metal Payment Cards to Attract Premium Customers
CompoSecure: Issuers Adopt Metal Payment Cards to Attract Premium Customers
August 08, 2024  |  Earnings

There is strong demand for metal payment cards as issuers work to attract and retain premium card customers, CompoSecure said Wednesday (Aug. 7). The provider...

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Consumer Borrowing Rises Less Than Expected in June
Consumer Borrowing Rises Less Than Expected in June
August 07, 2024  |  Loans

Consumers’ total outstanding credit increased by $8.9 billion in June, with a rise in non-revolving credit partially offset by a decline in revolving credit. Non-revolving credit...

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