MANILA, Philippines — Philippine consumer spending is expected to grow by 4.4 percent this year, slower than initially anticipated, as prices are likely to continue rising, according to research and analysis firm BMI. “We hold a cautious but positive outlook ...

Credit card delinquency and charge‑off rates have come off their recent peaks, but they are still elevated versus the pre‑pandemic period and remain a focus area for banks and regulators. Where the metrics stand Federal Reserve data show the overall ...

Here's a breakdown of what's happening with the PayModum-Floid deal, announced May 11, 2026: What Each Company Does PayModum is a global payment gateway offering access to 150+ payment methods (cards, bank transfers, eWallets, APMs) through a single merchant integration ...

The average FICO credit score across America was 714 in 2025, according to the Spring 2026 FICO® Score Credit Insights. That's down just a single point from a year ago, largely due to the return of student loan payments and ...

Affirm plans to seed a Nevada bank with ~$350M to fund loans with deposits and boost margins. Here's a full breakdown of what's happening with Affirm's bank charter push and why it's rattling the fintech industry: What Affirm Filed On ...

Senate Democrats are using the Congressional Review Act (CRA) to force a series of floor votes to overturn recent CFPB rollbacks made under the Trump administration, putting Republicans on record on specific consumer‑protection issues in an election year. What Democrats ...

National Australia Bank (NAB) — Australia's largest business lender — completed the acquisition of London-based fintech Banked on May 14, 2026. No purchase price was disclosed. What Banked Does Banked operates a global Pay by Bank (account-to-account payments) platform that ...

The NY Fed released the Q1 Quarterly Report on Household Debt and Credit this morning. he Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. The report shows total ...

Fannie Mae’s latest housing forecast now expects 30‑year fixed mortgage rates to stay just above 6% for longer than previously thought, with only modest declines over the next couple of years, and a housing market characterized by slower construction and ...