Back in June, PYMNTS Intelligence crystallized the fact that buy now, pay later (BNPL) payment options were gaining notice and demand from a wide swath...
U.S. consumers are feeling more optimistic about their financial conditions and access to credit. That’s according to the January 2024 Survey of Consumer Expectations, released Monday...
The pressures of increased debt burdens are put in stark relief with the latest data from the central bank. And the burden is felt keenly...
America’s banks are in a steadier place than they were in 2008. But according to a recent Federal Reserve report, that doesn’t mean they’re completely...
Americans now owe $1.08 trillion in credit card debt, a trend being led by millennial consumers. That’s according to a report issued Tuesday (Nov. 7)...
Consumer sentiment is improving overall, with decreased expectations of inflation. According to the July 2023 Survey of Consumer Expectations released by the Federal Reserve Bank of New York’s Center...
The overall rejection rate for credit applicants hit its highest level in five years in June. The rejection rate of 21.8% was the highest level...
Cross-border payments are a major railway for facilitating the functioning of the global economy. Yet they face significantly greater challenges including slower speeds, more restricted...
Mortgage originations dropped and debt delinquencies rose during the first quarter. These trends happened as total household debt rose $148 billion, or 0.9%, in the...