Tag : credit cards

Banking Fintech Mobile Banking News

Rise in Consumer Use of Credit Cards, Digital Payments, and Mobile Banking Will Linger Post-Pandemic, Predicts Packaged Facts

Fintech News Desk
Since the pandemic, market research firm Packaged Facts reports important shifts in payment method and payment method safety; spending and banking behavior; and credit use and future payment choices among U.S. consumers The COVID-19 pandemic is significantly influencing national purchasing habits, pushing a higher share of purchases onto the internet......
LendingClub Studies Reveal Customers Prioritize Personal Loan Payments Over Credit Cards, Helping Them Progress Towards Financial Health
Fintech News

LendingClub Studies Reveal Customers Prioritize Personal Loan Payments Over Credit Cards, Helping Them Progress Towards Financial Health

Fintech News Desk
LendingClub Corporation (NYSE: LC), America’s largest online lending marketplace connecting borrowers and investors, today released findings from two recent studies on member financial health and payment behavior before and during the novel coronavirus (COVID-19). Conducted in January and June 2020, the studies sought to understand member behavior before and during the coronavirus-driven recession and......
Affirm Announces Plans For Its First Card with Access to Buy Now, Pay Later
Fintech Fintech Funding News

Affirm Raises $500M Series G Round

Fintech News Desk
Adds Interest-Free Biweekly Payment Product Affirm, a more flexible and transparent alternative to credit cards, announced a $500 million series G round of funding. The funding round was led by GIC, a returning investor, and Durable Capital Partners LP. Other returning investors include Lightspeed Venture Partners, Wellington Management Company, Baillie......
Katapult Removes Late Fees as Part of a Consumer-Centric Focus
Fintech News

Constant Announces Launch of AutoCare to Help Auto Lenders Stave Off Delinquency and Charge-Off

Fintech News Desk
Industry-first AutoCare Introduces Automated, Mortgage-style Loan Modifications for Auto Loans Fintech and automated loss mitigation provider Constant has announced the launch of AutoCare, an innovative module on its cloud-native SaaS platform designed to fend off auto loan delinquency and prevent involuntary repossessions. With auto loans emerging as one of the hardest-hit categories of......
Fintech Mobile Banking News

Raise Marketplace LLC Launches Slide Mobile Payments App for Consumers to Earn Unlimited 4% Cash Back at Retail Locations Nationwide

Fintech News Desk
Raise Marketplace LLC, the leading mobile payments company behind the Raise gift card app, today launched Slide, the iOS and Android mobile payments app where consumers can earn unlimited 4% cash back instantly when paying online or in store through contactless checkout. Slide’s initial retailer partners include Lowe’s, Ulta Beauty, Chipotle, and more than 150 retailers in......
Earnt It, a UK FinTech Start Up, Is Looking to Rid the UK of Bad High-interest Credit Products by Providing Access to Pay in Real Time
Fintech Startups News

Earnt It, a UK FinTech Start Up, Is Looking to Rid the UK of Bad High-interest Credit Products by Providing Access to Pay in Real Time

Fintech News Desk
The bi-weekly or monthly payday system is out of date in 2020. Whilst we now have on-demand TV like Netflix, payroll is stuck in the past, to the detriment of millions of people in the UK who often resort to overdrafts, credit cards and payday loans to cover unexpected costs......
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