Credit-card debt has grown to record highs and some large banks are reporting increased delinquency rates; this trend, combined with higher interest rates could be cause for concern according to Michael Pearce, an economist at Capital Economics; article provides data from the NY Fed on delinquent loans across student, auto, mortgage and credit card debt. Source
Brex has announced a significant $150 million round at a time when fintech funding has slowed significantly; the round was...
Despite being less than two years old Marcus by Goldman Sachs continues to aggressively expand their consumer finance business. It...
A majority of fintech companies today focus on providing faster and cheaper financial products to already well-served Americans. While this...
The Financial Health Network released its 10th annual Spend Report, showing the first-ever overall decline in spending on interest and fees.
According to CNBC, Citigroup was also in discussions with Apple for their newly launched credit card; the bank pulled out...
FIS reports that credit and debit card fraud attempts have increased since the coronavirus hit the US; the dollar volume...
The new joint credit card is anticipated to be launched next year and will carry the Apple Pay brand; this...
Business.com's 2022 payment processing study reveals several marketplace disparities, beginning with credit cards and P2P payments.
Marlette recently closed a $225 million Series E equity raise led by the Healthcare of Ontario Pension Plan.