Revolving Credit Drops 12% in November as Consumers Trim Balances
November’s stats from the Federal Reserve on consumer credit — known as the G.19 report — show a reversal from recent months, where households kept borrowing, padding balances, and using cards a...
New Payment Processing Module for Treasury4 Platform Unveiled
To keep their organizations competitive, treasury teams need a unified source for payment management to efficiently manage financial operations, reduce costs, and mitigate errors and fraud.
In a press...
Report: Ally Cutting Jobs and Ending Mortgage Originations
Ally Financial is reportedly cutting staff, ending mortgage originations and rethinking its credit card business.
The company will lay off less than 5% of its workforce, Bloomberg News reported Wednes...
Pyth And Revolut Partner To Bridge Web3 and Traditional Finance
Pyth Network is partnering with Revolut to contribute to both centralized and decentralized financial markets. The pair will distribute Pyth’s sophisticated price data through Revolut’s massive us...
