09 May 2023 Affirm, FICO to create BNPL credit-scoring model The “first-of-its-kind” model will enable buy now, pay later loans to be factored into lending decisions, Affirm's CEO said
08 May 2023 Senators call out banks on card late fees A group of lawmakers asked the CEOs of large credit card issuers to explain their late fee practices
08 May 2023 Payoneer hunts for acquisitions Payoneer is considering acquisitions that could extend product offerings or expand its footprint in emerging markets
07 May 2023 Green Dot braces for profit margin pressure Green Dot expects profit margins to be squeezed in coming quarters after the exit of some clients last year
04 May 2023 Block boosts compliance spending to $160M Square parent Block is increasing compliance spending on personnel and software this year
08 May 2023 PayPal growth driven by Braintree PayPal's Braintree unit is bolstering the company's growth, but that expansion isn't as profitable as building its legacy business
04 May 2023 Shopify cuts 20% of workforce The e-commerce platform's cuts announced Thursday affect about 2,300 jobs, based on the company's most recent headcount
04 May 2023 Battle ensues over CFPB proposal to cap late fees Supporters and opponents of the CFPB's proposal to cap late fees at $8 clashed in comments to the agency in recent weeks