American Express and Vanguard are opening their financial advice service to more consumers. Launched last year, INVEST for Amex by Vanguard gives American Express customers digital financial planning and investment management guidance. The program was previously open to users who funded an account with $10,000,...
Quicken’s personal finance app now lets users share their financial information with trusted parties. With this new feature of the Simplifi app, spouses can share information to align their budgeting, parents can help their children develop healthy financial habits, and users can help their aging...
The number of British 16-24-year-olds seeking help to manage their debt has soared. In fact, since 2016 to 2017, the number of young people in the U.K. reaching out to the Financial Ombudsman Service for help with loans, overdrafts and credit card debt has increased...
Cash App has launched a new feature that helps consumers with their savings. Designed to make it easy for people to save for the first time, the new Cash App Savings allows customers to save with a separate balance, set savings goals and round up...
Swedish BNPL giant Klarna has added another financial planning tool to enable its core BNPL users to easily track their spending habits. The new ‘Money Story’ feature will be available on the Klarna app in the United States, the United Kingdom, Germany and Sweden and...
Inflation is not only making life costly, it’s undercutting the financial goals of consumers. With the new year just around the corner, many U.S. consumers are looking ahead and setting financial goals. However, the economic headwinds of the past 12 months have severely buffeted their...
Visa and GoHenry have are aiming to expand a program that has been active in the U.K. for 10 years. The payments giant and the youth-oriented prepaid card and financial education app announced a new partnership that aims to improve financial education in youths around...
Already low, financial literacy in America is on the decline, with many people unable to understand concepts such as inflation or compound interest. That’s according to a Sunday (Nov. 20) report from the Financial Times, citing research by FINRA, the Financial Industry Regulatory Authority. In...
Chase is now letting its Secure Banking customers access their direct deposits up to two business days earlier. The new early direct deposit offering, which is beginning this month, applies to eligible direct deposits such as payroll, tax refunds, government benefits and pensions — categories...
