Positive earnings reports show healthy credit trends, yet the broader market reveals that banks are tightening standards and focusing more on high-spending customers.
The new Strata Elite card aims to take on premium rivals, as Ally's investment in women's sports boosts its brand, along with two new Toaster podcasts and more...
Plus: what critics get wrong about BNPL, JPM to start charging for data, and more...
Plus: a $253B crypto threat to Visa and Mastercard, the battle for credit and payments is on.
And can't miss news from Citizens, FICO, Imprint, Nova Credit, SoFi, and more...
A sleek, stainless steel card for the crypto-faithful arrives. The question is, will anyone else be tempted to stray from traditional points?
Walmart-backed OnePay and PayPal launch new Mastercard programs with Synchrony, as Affirm's COO declares they are "reinventing credit" to win over consumers.
Oportun's letter to shareholders, Pagaya leans into POS, TU reigns-in debt growth narrative
Affirm lands Costco, SoFi resurrects crypto, student loan woes deepen, and Visa accelerates on chain credit cards.
Cash App's Lending Strategy, How to Win With Direct Mail and Affiliate Marketing
And yet, lenders feel the squeeze: profits dip below expectations and credit tightens amid economic uncertainty.
Fintech frenzy: Major acquisitions, banks bet big on affiliates, PayPal hires Will Ferrell, late fee caps fall, Bolt launches a superapp challenger with debit rewards, and more...
