April 09, 2024
Consumer Anxiety Over Debt Highest Since Pandemic
The latest data from the Federal Reserve Bank of New York reveals that consumer concerns about inflation are holding steady, but their anxieties over debt are on the rise. The Fed’s March Survey...
April 09, 2024
NCR Atelos and Arizona Financial CU Team on Self-Service Banking
Arizona Financial Credit Union (AZFCU) has launched a partnership with retail banking firm NCR Atleos. According to a Tuesday (April 9) news release, AZFCU has picked Atleos’ ATM as a Service (ATMaaS)...
April 08, 2024
Fed Data: US Consumers See Higher Risk of Missing Debt...
Takeaways from the Federal Reserve Bank of New York’s March Survey of Consumer Expectations include emerging concerns about debt. Consumers haven’t budged in their expectations about inflation — at least...
April 08, 2024
34% of SMB Execs Say Loan Costs Are a Concern...
From time to time, most small and medium-sized businesses (SMBs) find themselves having to borrow money to meet short-term needs or unexpected expenses. But as PYMNTS Intelligence recently reported, many...
April 08, 2024
Revolving Credit Surge Hints at Split Payments’ Continued Appeal
Debt continues to mount — and at an accelerated pace, per the Federal Reserve’s latest tally on consumer credit. Within that growth likely lies a continued use of card installment plans....
April 08, 2024
Biden Offers New Debt Relief to Student Loan Borrowers
The White House has unveiled its latest effort to offer relief to student loan borrowers. The plan, President Joe Biden announced Monday (April 8), targets borrowers who owe more now than when...
April 07, 2024
The Challenges of Shifting Landscapes
By Brad Staples & Rachel Brandenburger1 Introduction Businesses are facing unprecedented challenges. Changes in the geopolitical landscape call into question (and even reverse) many of the key assumptions that...
April 05, 2024
Paycheck-to-Paycheck Economy Moves to Higher-Income Brackets
The good news is the U.S. economy added more than 300,000 jobs last month and many U.S. workers are now earning higher wages. The not-so-great news is many Americans continue to...
April 05, 2024
CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
The Consumer Financial Protection Bureau (CFPB) is monitoring the increasing payment of “discount points” by homebuyers and the potential risk this may pose to consumers. The percentage of homebuyers paying...