Consumer lending apps profit articles
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Mastercard's profit beats on strong card spending by U.S. consumers
Gross dollar volume, the value of all transactions processed on Mastercard's platform, rose 10% to $2.3 trillion. Cross-border volume, which tracks spending on cards outside of the country of their issue, rose 18%. The payments technology industry is gearing up for a seismic shift following Capital One's $35.3 billion deal to acquire Discover Financial.
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Starbucks stock sinks as ‘cautious’ consumers, more headwinds hit profit, revenue
Shares of Starbucks Corp. dropped more than 8% in the extended session Tuesday after the retailer's quarterly earnings were well below Wall...
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Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending
Online lender Enova International reported growing lending volume and solid credit performance for the first quarter. During the quarter ended March 31, Enova’s combined loans and finance receivables increased 23% year over year, reaching a record $3.5 billion. Total company originations for the quarter totaled $1.4 billion, according to the press release. Small and medium-sized business (SMB) products […]