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...
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...
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...
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...
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...
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...
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...
Netflix customers can now see their on-time Netflix payments reflected on Experian, the Dublin-based multinational consumer credit reporting company, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In an effort to keep credit flowing amid uncertain economic conditions, FICO has unveiled its FICO Resilience Index. The tool is meant to complement the FICO Score and allow lenders to take into account an individual’s resiliency as they arrive at credit decisions, according to an...