Consumer Finance

Microsoft Expands Personal Finance Offerings With New ‘Money In Excel’ Product
June 16, 2020

Microsoft’s newest frontier may just be your household budgeting process. 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...

Consumer Finance
IRS: Stimulus Card Isn’t Junk Mail
May 28, 2020

The Internal Revenue Service (IRS) wants to make sure you don’t throw out your prepaid $1,200 government stimulus debit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Consumer Finance
SoFi Sees Investor Accounts Double Thanks To Fractional Shares
May 27, 2020

The CEO of SoFi, the digital personal finance company based in San Francisco, said its investor accounts have doubled this year, mostly due to fractional shares. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Consumer Finance
Europeans Save Less, Spend More As Economy Lags
May 25, 2020

European consumers are stockpiling savings as a way to be prudent during the pandemic, but that isn’t having a positive effect on the country’s lagging economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Consumer Finance
Spending Down 40 Pct Among JPMorgan Chase Cardholders
May 14, 2020

New research from the JPMorgan Institute shows that Chase cardholders are spending less amid the coronavirus pandemic, with a 40 percent drop during the second through the fourth week of March compared to the same period in 2019. In addition, the average weekly per household...

Consumer Finance
Have We Seen The Bottom Of The Student Loan Delinquency Crisis?
May 04, 2020

Long before the advent of the COVID-19 epidemic and the litany of financial and economic disruptions brought in its wake, the student loan situation in the United States was already approaching a crisis point. While the amount of money owed on student loans did manage...

Consumer Finance
1 In 4 US Cardholders Saw Credit Limit Cut Over The Last Month
May 04, 2020

Nearly 50 million credit card customers in the U.S. said they have had their credit limit slashed or their card closed in the past month as lenders move to minimize their risk amid the COVID-19 shutdown, a new study revealed. Get the Full Story Complete...

Consumer Finance
NY, CA Governors Push For Tighter State Financial Regulation
March 16, 2020

New York and California governors are concerned about careless federal supervision of the financial sector and are advocating for increased state regulatory power, The Wall Street Journal reported on Monday (March 16). Get the Full Story Complete the form to unlock this article and enjoy...

Consumer Finance
InDebted Notches $14M To Use Machine Learning In Debt Collection
March 05, 2020

The Australian FinTech InDebted announced it has raised A$14 million ($9 million) in its Series A funding round, co-led by venture capital firms Carthona Capital and MassMutual Ventures Southeast Asia, with participation from Reinventure. Get the Full Story Complete the form to unlock this article...