Ally Financial

Report: Bread Faces Credit Loss Concerns and Late Fee Uncertainty
Report: Bread Faces Credit Loss Concerns and Late Fee Uncertainty
October 02, 2023  |  Credit Cards

Bread Financial Holdings is reportedly grappling with challenges as it confronts rising credit losses and uncertainty surrounding late fees. The company’s stock price fell 3.9% as...

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Report: Online Banks’ Deposits Grow as Regionals Struggle
Report: Online Banks’ Deposits Grow as Regionals Struggle
June 04, 2023  |  Digital-First Banking

It is apparently a good time to be an online bank. As The Wall Street Journal reported Saturday (June 3), these banks took in more deposits than...

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Banks’ Auto Loan Delinquency Data Hints at Rocky Road Ahead
Banks’ Auto Loan Delinquency Data Hints at Rocky Road Ahead
May 03, 2023  |  Consumer Finance

For U.S. consumers, the juggling act of which bills to pay — and when — is real. To that end, the loan data from bank...

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CE 100 Index Up 1% as DoorDash and BNPL Names Rally
CE 100 Index Up 1% as DoorDash and BNPL Names Rally
January 23, 2023  |  Connected Economy

Despite concerns over consumer spending, PYMNTS’ ConnectedEconomy “CE 100” Stock Index gained ground this past week, as it extended its recent run with another 1%...

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Ally Financial Explains Why AI-Supported Devices Are Key to Meeting Consumers’ Shifting Banking Expectations
Ally Financial Explains Why AI-Supported Devices Are Key to Meeting Consumers’ Shifting Banking Expectations
October 20, 2021  |  Digital-First Banking

The only thing rising faster than digitally connected banking is the increasing consumer expectations that surround those services. In the latest Digital-First Banking Tracker, Ally...

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AI-Powered Tech Essential to Keep Pace With Consumer Digital Banking Expectations
AI-Powered Tech Essential to Keep Pace With Consumer Digital Banking Expectations
October 19, 2021  |  Digital-First Banking

The only thing rising faster than digitally connected banking is the increasing consumer expectations that surround those services. In the latest Digital-First Banking Tracker, Ally...

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Ally Financial To Offer Home Insurance Through Hippo
Ally Financial To Offer Home Insurance Through Hippo
August 11, 2021  |  Insurance

Ally Financial will begin offering home insurance policies through a partnership with the insurance provider Hippo, the two companies announced Wednesday, August 11. Hippo will...

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Ally Financial Posts $796 Million Q1 Net Income
Ally Financial Posts $796 Million Q1 Net Income
April 16, 2021  |  Earnings

Ally Financial, a Detroit, Michigan-headquartered automotive financial services company, posted first-quarter 2021 results showing net income of $796 million, after reporting a loss in the...

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