A decade ago, the world of financial services saw what was perhaps its greatest sea change in a generation — in 2007, two separate, unconnected and epoch-making things happened at the same time. Get the Full Story Complete the form to unlock this article and...
“We started this company to address one very specific problem: the 70 percent of Americans living paycheck to paycheck. That’s the secret shame of our country, and we don’t really want to talk about it because we, culturally, don’t like to talk about money; and...
GoFundMe, the online donation platform, announced Thursday (Nov. 30) it is introducing a zero percent platform fee with new, U.S.-based personal fundraising campaigns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Last week, we told you a tale of two Fed studies, which were putatively about the same topic, but drew nearly opposite conclusions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Online consumer lending – in a variety of forms – has grown explosively over the last decade. In 2010, digital lenders originated $249 million in unsecured personal loans, and by 2016 that number had grown ninety-fold. Get the Full Story Complete the form to unlock this article and enjoy...
Those who are fortunate enough to have access to credit often take it for granted. Imagine if your car broke down, your child needed school supplies or your father passed away and you couldn’t afford the funeral, but banks didn’t want to work with you...
No one likes getting a check. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
How much of the U.S. population is financially vulnerable? That is, how many are walking the razor’s edge of solvency, and how many are on their second chance after a shock to their financial stability — such as job loss, work-related injury or a divorce...
According to reports in The Financial Times, SoFi explored the possibility of an $8 billion sale earlier this year — a process that went far enough that it held talks with San Francisco-based broker Schwab. Get the Full Story Complete the form to unlock this article...
