Tagged: spending

Corpay, a Business Payments Fintech, Introduces Spend Management Platform for Corporate Clients

Corpay, a FLEETCOR brand and global firm focused on business payments, announced the launch of Corpay Complete, a spend management platform for corporate payments and spending. The first-of-its-kind payment solution is now “available to new customers in the United States and Canada and to eligible… Read More

Digital Debt Collection Fintech TrueAccord Examines Why Having the Right Collection Partner Equates to Improved Recovery Opportunities

Fintech TrueAccord explains why not having the right collection partner can “equate to missed recovery opportunities tomorrow.” TrueAccord looks into what makes the end of the year such an important time “to evaluate your current collections partner.”  TrueAccord comments on why firms need to evaluate… Read More

UK Consumers Expected to Cut Bank on Holiday Spending Due to Cost of Living Crisis – Survey

The scale of Christmas / holiday spending cutbacks due to the cost of living is highlighted in new research from KPMG UK – which shows consumer intention “to cut back on buying gifts, groceries and socializing.” Over 2600 UK consumers were surveyed for KPMG –… Read More

UK Consumers Taking Steps to Deal with Rising Mortgage Costs – Report

A report has looked into how consumers are managing higher mortgage rates and adapting their spending due to inflation. This along with other key insights are shared in the KPMG UK’s latest Consumer Pulse research. KPMG’s Consumer Pulse survey “tracks how over 3000 consumers across… Read More

European Fintech Payhawk Introduces Features to Help Firms Comply with UK and EU Legislation, Pursue Sustainability Initiatives

Payhawk, the global spend management platform, announces ‘Payhawk Green’, the new platform features to help companies make more sustainable decisions related to company spending. The features are “available to all customers at no additional cost.” Payhawk Green will help companies make more sustainable decisions related… Read More

Most US Consumers Believe Credit Cards Make It Challenging to Manage Finances, Affirm Report Claims

As Americans face record-high credit card debt and fees, nearly three in four (73%) say credit cards make it challenging to manage their finances, according to a new survey conducted by OnePoll and commissioned by Affirm (NASDAQ: AFRM) the payment network that empowers consumers and… Read More

BNPL Provider Klarna to Partner with Money Adviser Network to Provide Debt Advice to Clients

Klarna, the global payments network and shopping destination, announced a partnership with the Money Adviser Network to help its consumers access free and impartial debt advice quickly, as part of wider efforts to promote healthy spending. This makes Klarna the first Buy Now Pay Later… Read More

Australia: National Online Spending Declines Despite Pockets of Growth, Airwallex Report Claims

Australians are spending on average nearly $600 less online than they were a year ago, according to the latest Digital Economy Index from global financial platform Airwallex. The Airwallex Quarterly Digital Economy Index “records year-to-date spending per adult, as well as quarter-by-quarter snapshots of the… Read More

Expedia Group, Mastercard Turn Daily Spending into Seamless Experiences

Mastercard (NYSE: MA) cardholders will be able “to book travel using credit card loyalty points with Travel with Rewards powered by Expedia.” Expedia Group and Mastercard “expand their partnership for a new joint adventure: Travel with Rewards, a modern loyalty points redemption solution that enables… Read More

Fintech Integration: Budgeting App Buddy Integrates with Plaid to Offer Budget Tracking

Buddy, the budgeting app for Gen Zers with 3M users worldwide, has integrated with Plaid, an open finance service provider, in order “to provide Buddy users with the ability to securely connect their financial accounts and automatically track their spending.” Buddy claims it is “entirely… Read More

Payments: Carrier Billing Spend to Reach $122B Internationally by 2027, Report Reveals

A new study from Juniper Research, who claim to be experts in payments, found that carrier billing spend “will reach $122 billion globally by 2027, rising from $70 billion in 2023.” This reported “growth of 74% over the next four years will be driven by… Read More

Consumer Spending: US Retail Sales Up +4.7% YoY in March, Mastercard Report Reveals

According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail sales excluding automotive “were up +4.7% year-over-year (YOY) in March.” Mastercard SpendingPulse reportedly “reflects nominal spending and is not adjusted for inflation.” At a national level, while… Read More

Rocket Visa Signature Credit Card Introduced, Designed with Homeownership in Mind

Rocket Companies, Inc. (NYSE: RKT), a Detroit-based fintech platform company consisting of tech-driven financial businesses – including Rocket Mortgage, Rocket Homes, Rocket Loans and Rocket Money – unveiled the Rocket Visa Signature Card, the first credit card created “to make homebuying easier and more accessible… Read More

Barclays Reveals that Value of Contactless Payments Is Up Nearly 50% in 2022

New data from Barclays, which sees nearly half of the nation’s debit and credit card spending, reveals that “a record 91.2 per cent of all eligible card transactions were made using contactless payments last year – a sign that consumers and businesses are continuing to… Read More

Fintech Firm Wedge, Visa to Power Spending Innovation

Wedge Financial, Inc., a fintech company that brings the power of the markets and programmable payments to everyday spending, is partnering with Visa (NYSE: V) in order to launch a debit card “connected to the Wedge app, accelerating its mission to revolutionize consumer spending.” Wedge… Read More

Klarna Introduces Money Story, an Overview of Clients’ Spending in 2022

Klarna, which claims to be the global leader in the generational shift away from credit cards,  announced the launch of Money Story in the US Klarna App – “a personal spending summary of 2022 that provides millions of consumers with useful insights into their spending… Read More

Fintech Firm Save Introduces ESG-Focused Savings Program in the US

Save, a Fintech company that helps people earn higher yields on their spending and savings, announced that it has “added a new Environmental, Social, and Governance (ESG) portfolio that provides a yield from, amongst other ETFs, the iShares ESG Aware ETFs.” According to Morningstar Direct,… Read More

Fintech Ramp Simplifies How Firms Spend, Finance Bills Internationally

Ramp, the finance automation platform and corporate card designed to help businesses spend less, announced international capabilities “for bill payments, short-term bill financing, and employee reimbursement products.” Businesses on Ramp can now “consolidate their international and domestic spend, pay international vendors, and reimburse international employees… Read More

London Fintech Plum Introduces Debit Card Supporting Budget Control

  London Fintech Plum, Europe’s personal finance app, has introduced a debit card “to help its customers take control of their finances.” The card is Plum’s first move into spending, “consolidating its position as a comprehensive money app.” Designed to complement Plum’s budgeting features and… Read More

Half of Fourth of July Spending Done by Under 35s, According to Insights from Revolut

Revolut, the global financial super app with more than 18 million customers worldwide, has revealed new insights on spending on the Fourth of July. The US’s under 35s contributed “almost half of total spending yesterday, making up 57% of total transactions during the day.” 12%… Read More