Search Results for: Consumer Credit

Zillow Empowers Renters With Credit-Building Payment Reporting
Digital Payments News

Zillow Empowers Renters With Credit-Building Payment Reporting

PR Newswire
by PR Newswire0
Innovative new feature helps renters build a credit history at no cost to them or their landlord Zillow is introducing a new feature that allows renters who pay their rent on Zillow to have their on-time payments reported to a major national credit bureau at no cost to them. This......
Financial Pressures Intensify: A Dual Challenge of Shrinking Savings and Escalating Credit Card Debt
Fintech News

Financial Pressures Intensify: A Dual Challenge of Shrinking Savings and Escalating Credit Card Debt

PR Newswire
by PR Newswire0
In a disconcerting revelation, the latest anonymized user data from Planswell unveils a dual challenge facing Americans across all income groups: a marked decrease in average monthly savings and a simultaneous rise in credit card debt. The user data, comparing 2022 to 2023, not only uncovers the strain on household finances,......
Inflation Constricts Growth and Liquidity in 2024 for Banks and Credit Unions, According to New Wipfli Reports
Banking News

Inflation Constricts Growth and Liquidity in 2024 for Banks and Credit Unions, According to New Wipfli Reports

PR Newswire
by PR Newswire0
Market pressures are hurting banks, credit unions, and consumers’ cash flow; cybersecurity and employee retention are shared priorities for both industries. Wipfli LLP (Wipfli), a top 20 advisory and accounting firm, published the results of two industry surveys from the banking and credit union sectors that share insights into their......
37% of Consumers Will Spend Months Paying off Holiday Season Debts, Achieve Survey Finds
Finance News

37% of Consumers Will Spend Months Paying off Holiday Season Debts, Achieve Survey Finds

PR Newswire
by PR Newswire0
While most Americans prioritize using money on hand to pay for holiday expenses and being budget conscious, half will still take on debt this season Half of American consumers expect to take on debt to pay for the holidays, including 37% who believe it will take them two or more......
Quicken Survey Highlights Americans' Complicated Relationship with Credit Cards
Finance News

Quicken Survey Highlights Americans’ Complicated Relationship with Credit Cards

PR Newswire
by PR Newswire0
Across ages and income levels, a growing dependence on credit card debt is not only stressful, but impacting long-term savings Quicken, maker of America’s best-selling personal finance software, shared findings from a recent survey that explores the financial habits of Americans, in particular their relationship with credit cards. The disconnect......
Cranium Announces $25 Million in Series A Funding to Secure AI
Fintech News

SmartMetric Makes Advancements in its Biometric Credit Card World

Business Wire
by Business Wire0
SmartMetric, Inc. reports that it has invented and implemented advanced new security features inside its world advanced biometric credit card. “In order to ensure that only a fingerprint from a real person is being used, we have invented hardware-based live fingerprint detection inside the card, stopping the use of fake......
Creditsafe Releases Financial & Bankruptcy Outlook for U.S. Retailers
Finance News

Creditsafe Releases Financial & Bankruptcy Outlook for U.S. Retailers

PR Newswire
by PR Newswire0
New Report Examines the Financial Strengths and Weaknesses of Top Retailers, Including Target, Macy’s, Neiman Marcus, JCPenney and The Kroger Co. Amid rising inflation, a cost-of-living crisis and a steep decline in consumer spending, many retailers are calling for flat to declining sales this year. So, retail bankruptcies have become more common......
Goodfood Market Corp. Extends Credit Support From Desjardins Capital Markets and Investissement Québec.
Lending News

Goodfood Confirms Support from Key Lending Partners as it Extends and Amends Credit Facilities

GlobeNewswire
by GlobeNewswire0
Goodfood Market Corp, a leading Canadian online meal solutions company, reached an agreement for an extension of its credit facility with Desjardins Capital Markets and Investment Québec. The facility will now provide bank financing totalling approximately $5 million consisting of a $2.1 million term loan, a $1.3 million revolving credit......
The Private Label Credit Card Market Resiled in 2021 and 2022
Finance Fintech News

The Private Label Credit Card Market Resiled in 2021 and 2022

Business Wire
by Business Wire0
After experiencing declining transaction volumes in 2018-2020, the private label credit card market rebounded in 2021 and 2022. This growth trend is expected to continue through 2025, with nominal purchase volume and card outstandings projected to increase by 9.8% and 9.7%, respectively, during the period. The report identifies six major......
Credit Union Industry Leader, TruStage, Spearheads Strategic Transaction to Propel Fintech Happy Money Forward
Fintech News

Credit Union Industry Leader, TruStage, Spearheads Strategic Transaction to Propel Fintech Happy Money Forward

PR Newswire
by PR Newswire0
Backing from TruStage Ventures and other investors will advance Happy Money’s mission of happier lending and accelerate the company’s growth in its next chapter. Happy Money, a leading platform for unsecured lending in partnership with credit unions, announced that TruStage Ventures and other major institutional investors are entering into a strategic......
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