October 08, 2023
Credit-Building Apps Help Generation X Tackle Mounting Debt Burden
Current economic conditions and consumers’ drive to maintain a certain standard of living has led to a pervasive level of private debt across the economy, with 1 in 3 U.S....
October 06, 2023
FinTech IPO Index Slides 3% as Affirm and Blend Lead...
The FinTech IPO Index gave up nearly 3%, coming into the end of the first full trading week of the fourth quarter. Affirm led declining names, sliding 16% through the...
October 06, 2023
High-Debt Consumers Average 14 Late Payments Every Year
The United States economy’s heavy reliance on domestic consumption has become more relevant than ever, with consumer credit card debt breaking the $1 trillion mark for the first time. Consumer...
October 05, 2023
Finance Sector Small Businesses Report Above-Average Closure Risks Due to...
Access to business financing remains a significant challenge for small- to medium-sized businesses (SMBs), with many finding it increasingly difficult to secure traditional funding from banks. According to data from...
October 02, 2023
Dimon: JPMorgan Wants More VC and Startup Banking Clients
J.P. Morgan Chase reportedly wants to expand its startup and venture capital (VC) customer base. Speaking during a conference Monday (Oct. 2), CEO Jamie Dimon said the country’s largest bank is courting these...
September 29, 2023
More Men Than Women Have Been Denied Credit at Least...
In the United States where credit scores are a critical factor in determining whether you are approved or denied for a mortgage, auto loan or student loan, having good credit...
September 26, 2023
From Managing Cash to Improving Credit, BNPL Helps Consumers Balance...
From affluent consumers to Gen Zs and baby boomers, buy now, pay later (BNPL) continues to gain popularity across markets, enabling consumers across all ages and income levels to acquire goods and services upfront through...
September 26, 2023
New Homes and Cars ‘Completely Unaffordable’ Amid High Interest Rates,...
The Federal Reserve indicated last week that higher interest rates will likely stick around. And as The Wall Street Journal (WSJ) reported Tuesday (Sept. 26), this situation has begun to impact households who need...
September 25, 2023
SEC Charges Podcaster Matthew Motil in Alleged Ponzi Scheme
The Securities and Exchange Commission (SEC) has taken legal action against Matthew Motil, the host of “The Cash Flow King” podcast, for allegedly defrauding investors in an $11 million Ponzi scheme. Motil...
