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Sub-Prime Lending’s Late-Year Bounce

PYMNTS

In some areas, the growth in sub-prime lending matches overall growth in the segment, with credit cards and personal loans as the best example. The sub-prime mortgage segment has also performed strongly in terms of delinquencies, in line with overall trends in the mortgage world since 2009. percent to 18.63 It never happened.

Lending 188
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U.S. Credit Card Delinquency Rates Inch Higher

PYMNTS

“Delinquency rates have risen in part because lending to sub-prime borrowers increased significantly in recent years,” CreditCards.com’s senior industry analyst, Matt Schulz, said in the report. Synchrony and Alliance Data are focused on the store-branded, private label credit card market.

Cards 109
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Cardlytics Appoints Two Executive Hires

PYMNTS

Randall’s strong background in helping major advertising brands move the bottom line and Shannon’s extensive experience in driving bank customer engagement will make them both instrumental players as we continue to help marketers execute more effective campaigns and financial intuitions increase customer loyalty.”.

Marketing 101
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Ten Years Of Payments Innovation And Reinvention

PYMNTS

The world of 2009 was starkly different, a far less optimistic place. Though the Great Recession was technically “over” by the middle of 2009, few people living in the real economy felt that fact in their daily lives. When people asked “what’s next?” in the year 1999, they were generally pretty excited to hear the answer.

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Wild Cards? Gambling, Payroll, Other Models Provide Fresh Fuel For Prepaid

PYMNTS

The real trick is to tie engaging consumer experiences to those cards, which is critical, as prepaid and reloadable cards continue to evolve — moving from plastic cards to mobile accounts that can adapt to an expanding portfolio of use cases, including payroll, online gambling or even consumer and business lending. Step back a bit first.

Cards 158
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Sizzle Or Fizzle: Alexa’s Red Hot Week And Blue Coat’s … Well, You Decide

PYMNTS

Branded Digital Credentials. Designed to enable its issuers to create a branded digital app for managing card credentials, it is also capable of enabling payments in-store (on Android phones where NFC is supported) and inside of Visa Checkout. Alt Lending. That really misses the point. Stay tuned. Keep the streak alive!

Apple 100
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)