Sections
consumer finance
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Gig EconomyThe Rise Of The Pay-Advance App
For workers living paycheck to paycheck even before COVID-19, having their hours cut back...
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Digital-First BankingWhy One Says Middle-Class Americans Need A New Bank
Middle-class consumers are feeling that they’re getting the short end of the stick when...
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CoronavirusNavigating The COVID-19 Pandemic: How The Paycheck-To-Paycheck Economy Is Beginning...
The World Health Organization’s (WHO’s) March 11 announcement labeling the COVID-19 outbreak a pandemic...
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CoronavirusNavigating The COVID-19 Pandemic: Life On Lockdown
PYMNTS launched its first study of 1,923 representative United States consumers and how the...
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CoronavirusNavigating the COVID-19 Pandemic: How Consumers Are Reorganizing Their Lives...
PYMNTS introduced a survey to a census-balanced panel of 2,128 U.S. consumers on Friday,...
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InternationalAnt Group Looks To Create Consumer Finance Platform
China’s Ant Group reportedly plans to create a new consumer finance company which would...
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CFPBCFPB Payday Loan Changes Scrap Ability To Repay Requirement
Earlier this week, the Consumer Financial Protection Bureau (CFPB) issued its final rule on...
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Next-Gen DebitThe Next Big Thing Is … Debit
Using credit cards (aka spending the bank’s money instead of your own) seemed so...
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CoronavirusNEW DATA: Examining The Pandemic’s $158 Billion Digital Shift
The COVID-19 pandemic has upended millions of consumers’ lives, be it through health complications,...
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CoronavirusNEW DATA: 60 Percent Of US Consumers Now Live Paycheck-To-Paycheck
The COVID-19 pandemic has triggered an unprecedented wave of business closures, placing millions out...
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CoronavirusNEW REPORT: How COVID-19 Changed Daily Life For 85 Percent...
The United States has reached a tipping point on COVID-19, with federal state and...
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DebtWill New CFPB Rules Finally Be Able To Put Zombie...
The phenomenon of zombie debt is not new to the U.S. economy — nor...
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BankingRevolut Starts Open Banking Service For UK Customers
Revolut has announced a new Open Banking feature that will allow customers to access...
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CFPBWaters Tells CFPB Head To Do Better
The chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, told the...
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Consumer FinanceFICO’s New Scoring Algorithm Promises Big Swings In Consumer Scores
Might the rising tide of debt slow to a trickle? If so, the U.S....
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Consumer FinancePersonal Loan Growth Hints At Strategy Vs Credit Card Debt
Call it a case of six of one, half dozen of the other. Call...
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Consumer FinanceAmex’s Revamped Green Card Expands Rewards For Travel, Transit, Dining
American Express has announced that it has reimagined its American Express Green Card to...
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Consumer FinanceWhy Simple And Instant Is The Secret To Making Rebates...
Rebates and cash-back offers sound great in theory — the customer purchases something they...
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Consumer FinanceSurvey: Teens Slated To Spend Lowest Amount Since 2011
New data has found that American teens are estimated to spend $2,371 per year...
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Consumer FinanceVocalink CEO: The Three Guideposts For Navigating Payments’ Evolution
The good news for customers — and the challenge for financial services players, both...
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VISAVisa Powers Revolut's Global Expansion Into 24 New Markets
“There is nothing new under the sun.” Human beings have been saying the above,...
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Digital BankingAussie FinTech Douugh Expands Mastercard Debit Cards To US Customers
Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as...
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Digital BankingWells Fargo Teams With Plaid On API-Supported Data Exchange
Financial institution Wells Fargo is partnering with data platform Plaid to offer customers the...
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Consumer FinanceCFPB’s New Network Steps Up Financial Innovation Regulation
A network to better coordinate financial innovation among federal and state regulators is being...
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B2B PaymentsAPIs For FinTech Firms And Installment Plans
Programming innovations are making inroads, and are used by FinTech firms and banks to...
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Consumer FinanceLendingClub President On Credit That Builds Savings
A fine line separates debt and savings (between the black hole of high-interest credit...
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Marketplace Lending PlatformLendingClub Extends Balance Transfer To More Customers
To drive savings and simplicity while improving financial health, LendingClub has extended balance transfer...
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HealthcareSolving The $50B Elective Medical Procedure Payments Problem
The demand for elective medical procedures in the U.S. is sky-high, but high costs...
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RegulationSenators Urge CFPB To Reconsider Debt Collection Overhaul
A group of senators is urging the Consumer Financial Protection Bureau to reconsider a...
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LegalBattle Over Payday Lending Shifts To Public Comments
The battle over payday lending — specifically, how tough U.S. federal rule will be in...
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Consumer FinanceHelping Millennials Live Financially Ever After
When Honeyfi got off the ground in 2017, it had a pretty simple idea....
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Consumer FinancePressure Mounts On CFPB Over Public Service Loan Forgiveness Program
Launched in 2008 as a provision of the College Cost Reduction and Access Act...
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Consumer FinanceRhode Island Eyes Capping Credit Card Interest Rates
In the United States, credit card balances and the interest rates charged on those...
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RegulationEarnin Investigated For Offering Covert Payday Loans
Silicon Valley-based financial services startup Earnin has potentially run afoul of New York State...
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Consumer FinanceSchwab Bets Big On Subscription-Based Investing
Investing and financial planning company Charles Schwab is moving from its current payment model...
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Consumer FinanceTandem Bank Launches New Automatic Savings Account
U.K. challenger bank Tandem Bank is trying to make it easier for consumers to save...
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Consumer FinanceFCA Calls For Lenders To Curb ‘Unacceptable’ Fees
The Financial Conduct Authority (FCA), the U.K.’s financial watchdog, has found that some lenders...
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Consumer FinanceUS Credit Card Balances End Year At $870B Record High
Credit card debt in the U.S. reached $870 billion at the end of last...
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Alternative FinancesAre Mortgages The On-Ramp For Lifelong Financial Management?
Of the scores of innovations and updates to consumer lending seen and written about...
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Consumer FinancePayday Loans, Pawnshops And Borrowed Credit Cards: How Many Americans...
When it comes to managing personal finances, consumers are seemingly taking one step forward...
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Consumer FinanceReport: Minority Consumers Grapple With Debt
A new report has found that as debt rates have climbed to pre-recession levels,...
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Consumer FinanceAffirm Joins The High-Yield Savings Account Crowd
Affirm, a company founded by entrepreneur Max Levchin to provide fair alternative credit, has...
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Gig EconomyNEW DATA: Digital Marketplaces And The $1.4T Gig Payments Opportunity
As 2018 came to a close, unemployment was at historic lows — thanks in...
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Consumer Finance29 Pct Of Millennials Want To Pay Off Debt In...
Nearly all American millennials plan on making a financial resolution in 2019, with some...
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Economy2018: The Year Of The Confident Consumer
What a difference a decade makes. Ten years ago, consumer confidence had slipped to...
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Consumer FinanceRecurring Card Payments To Hit $473B By 2021
A new report has predicted that recurring transactions processed on debit and credit cards...
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LoansFDIC Seeks Public Comment On Banks And Small-Dollar Loans
The Federal Deposit Insurance Corporation (FDIC) announced that it is has issued a request...
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Digital BankingTandem Partners With Stripe On New Auto Save Feature
Tandem Bank, the U.K. mobile bank, announced on Wednesday (Nov. 14) a new automatic...
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Alternative FinancesAffirm Launches New Features To Help Consumers Spend Responsibly
“The more I looked at retailer-sponsored finance, the more I realized people routinely end...
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AuthenticationDiebold Nixdorf On Why Banks Could Be Digital Identity’s Future
Digital identity in the last few years has gotten a major boost — as...
