Phone Payments over Auto Loans

Bloomberg reports that consumers are prioritizing mobile phone payments over their auto loans; the shift has come as mobile devices have become a platform for more than just communication; this has also caused increased interest in bonds comprised of mobile phone loans; only $7.7 billion of these bonds have been issued by Verizon, but this could increase in the coming years; Ram Ahluwalia, CEO of PeerIQ provides his perspective on this latest trend. Source

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!

[class^="wpforms-"]
[class^="wpforms-"]