Credit

Are American Credit Cardholders Missing Out on Rewards Benefits?
Lending & Investment Are American Credit Cardholders Missing Out on Rewards Benefits?

A recent Bankrate survey sheds light on the behavior and preferences of American credit cardholders regarding rewards cards, providing significant insights into the redemption habits and favored features among U.S. adults. This study also highlights the impact of income and age on these behaviors,

December 19, 2024
Pinwheel and Lumin Digital Join Forces to Boost Digital Banking
Lending & Investment Pinwheel and Lumin Digital Join Forces to Boost Digital Banking

Financial technology is rapidly evolving, and the recent partnership between Pinwheel and Lumin Digital is a testament to the industry's push towards innovation. This alliance aims to optimize account acquisition and activation for financial institutions using state-of-the-art technology. The

December 11, 2024
PowerPay Raises $60M to Expand, KeyBank Facilitates Bond Issuance
Lending & Investment PowerPay Raises $60M to Expand, KeyBank Facilitates Bond Issuance

PowerPay, a digital lender headquartered in the United States, has reached a significant financial milestone by successfully raising $60 million through an investment-grade corporate bond issuance. This accomplishment, with KeyBank acting as the exclusive private placement agent, marks an important

December 6, 2024
How Will Sunbit's New $355M Facility Impact Consumer Credit Options?
Lending & Investment How Will Sunbit's New $355M Facility Impact Consumer Credit Options?

Sunbit, a fintech company specializing in in-store consumer credit, has accomplished a significant milestone by securing a substantial $355 million debt warehouse facility. This funding venture was led by prominent financial institutions such as JP Morgan, Mizuho Bank Ltd., and Waterfall Asset

December 2, 2024
Global Credit Card Market to Reach USD 1,159.7 Billion by 2033
Lending & Investment Global Credit Card Market to Reach USD 1,159.7 Billion by 2033

Projections indicate that the global credit card payments market is embarking on a journey of substantial growth, with estimations showing a colossal leap to approximately USD 1,159.7 billion by the year 2033, rising from USD 533.7 billion in 2023. This transition denotes a vigorous compound annual

November 26, 2024
How Is AI Transforming Fairness and Efficiency in Credit Unions?
Lending & Investment How Is AI Transforming Fairness and Efficiency in Credit Unions?

Artificial Intelligence (AI) is fundamentally reshaping the credit union industry, not merely by enhancing their operational capabilities but also by upholding and enriching the principle of "people helping people." Traditionally, credit unions have relied on the 4 Cs of lending—Credit, C

November 25, 2024
Loading

Subscribe to our weekly news digest.

Join now and become a part of our fast-growing community.

Invalid Email Address
Thanks for Subscribing!
We'll be sending you our best soon!
Something went wrong, please try again later