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FintechNews RoundupUSA
·Jan. 23, 2020

Banks Increasing Credit Card Limits on Customers

Some banks have recently started automatically increasing credit card limits for customers; the credit card companies hope that doing so...
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man looking at laptop and phone
Banking
·Mar. 4, 2024

CashBack+ adds banking option, boosts credit union members’ balances

CashBack+ is a suite of products letting shoppers earn cash back on their purchases. The white-label offering is from New York-based Prizeout, whose technology integrates with credit unions' online banking systems.
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FintechNews Roundup
·Nov. 21, 2017

Credit Card Debt in the US

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

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Fintech
·Mar. 10, 2022

Exclusive: Marlette Announces a $225 Million Series E

Marlette recently closed a $225 million Series E equity raise led by the Healthcare of Ontario Pension Plan.

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Lending
·May. 17, 2024

Generation Z has it tougher than millennials: TransUnion report

While both Generation Z and millennials are maturing during difficult financial times, TransUnion’s study Solving for Z shows Generation Z has it harder.
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EuropeFintechNews Roundup
·May. 19, 2020

Brex Raises $150 Million During Middle of Pandemic

Brex has announced a significant $150 million round at a time when fintech funding has slowed significantly; the round was...
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Fees are back baby
Fintech
·Apr. 28, 2022

COVID stimulus funds spurred dip in debt spending

The Financial Health Network released its 10th annual Spend Report, showing the first-ever overall decline in spending on interest and fees.
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FintechNews RoundupUSA
·May. 27, 2020

Credit-Card Fraud Attempts on the Rise

FIS reports that credit and debit card fraud attempts have increased since the coronavirus hit the US; the dollar volume...
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FintechNews RoundupUSA
·Feb. 6, 2019

Falling Income for Credit Card Issuers

The credit card business used to be much more profitable for banks; a recent study showed that fee income across...
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FintechNews RoundupUSA
·May. 10, 2018

Goldman Sachs and Apple Partner for New Credit Card

The new joint credit card is anticipated to be launched next year and will carry the Apple Pay brand; this...
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