The Debit Card Frontier: Banks and Fintechs Collide in the Battle for Installment Lending
The landscape of American consumer finance is undergoing a fundamental shift as the humble debit card—once a simple tool for accessing existing deposits—transforms into the latest battleground for installment lending. For decades, the line between debit and credit was clear: one used the money you had, and the other used the money you borrowed. Today,…
