Consumer Finance

Consumer Finance
Consumer Price Index Still Up After Pandemic Slump
February 10, 2021

The cost of U.S. consumer goods and services went up again in January, as inflation remained largely unwavering. The January Consumer Price Index (CPI), which was released on Wednesday (Feb. 10) by the Bureau of Labor Statistics (BLS), went up 0.3 percent after climbing 0.4...

Consumer Finance
Not Candy Crush: Gaming App Focuses On Consumers’ Financial Goal Setting
February 08, 2021

A good game, one that attracts hundreds of millions of players and dollars in the app store, can take all kinds of forms. There are complicated adventures, simple puzzles, first-person shooters and even music lessons. And although it’s not exactly attracting Candy Crush numbers, new...

Consumer Finance
Jack Henry To Offer Tech Platform For Consumer Loans
January 27, 2021

Jack Henry & Associates, which offers a technology platform for financial institutions (FIs), is branching out with a new line of business, dubbed Jack Henry Consumer Loans. The company said that its “simplified digital process” offers FIs “a unified solution to create, manage and support...

Consumer Finance
Biden Taps FTC’s Rohit Chopra To Head CFPB
January 18, 2021

Rohit Chopra, a commissioner at the Federal Trade Commission (FTC), has been tapped by President-elect Joe Biden to head the Consumer Financial Protection Bureau (CFPB), according to a press release from Biden’s transition website.  Get the Full Story Complete the form to unlock this article...

Consumer Finance
Average Credit Scores Hit Record High As Credit Card Balances Drop
January 07, 2021

Despite a raging pandemic, widespread unemployment and a fragile economy, U.S. consumers paid more of their bills on time last year, resulting in the largest improvement in personal credit scores in more than a decade. Get the Full Story Complete the form to unlock this...

Consumer Finance
Goldman Sachs Testing Wealth Management App For The Masses
December 22, 2020

Goldman Sachs is testing a wealth management app for the masses. 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...

Consumer Finance
TransUnion Beefs Up Credit Reports As Lenders Seek More Info
October 29, 2020

Credit rating giant TransUnion is rolling out a new service it says will save time and money for lenders and other businesses seeking credit information on potential borrowers and other customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Consumer Finance
The Rise Of Teen Checking Accounts And Creating A ‘Fiscally Intelligent’ Consumer
October 19, 2020

Americans have a financial literacy problem — or to be totally accurate, they have two financial literacy problems. 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...

Consumer Finance
Consumer Spending: Running Dry …. Or Dry Powder?
August 28, 2020

The consumer spending slowdown was due to happen, following the burst of activity and demand that had been hemmed in by the coronavirus. With a bit of tailwind from stimulus spending on steroids, of course. Get the Full Story Complete the form to unlock this...