Call it a case of six of one, half dozen of the other. Call it a case of financial alchemy. Call it...
American Express has announced that it has reimagined its American Express Green Card to include new benefits and features. Now called Green...
Rebates and cash-back offers sound great in theory — the customer purchases something they wanted anyway, and get a small incentive payment...
New data has found that American teens are estimated to spend $2,371 per year — the lowest level for the age group...
The good news for customers — and the challenge for financial services players, both established and emerging as the decade comes to...
“There is nothing new under the sun.” Human beings have been saying the above, or some variation on it, for approximately three...
Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence...
Financial institution Wells Fargo is partnering with data platform Plaid to offer customers the option of managing their finances in one place...
A network to better coordinate financial innovation among federal and state regulators is being launched by the Consumer Financial Protection Bureau (CFPB)...
Programming innovations are making inroads, and are used by FinTech firms and banks to offer financial services to corporations and consumers. This week’s...
A fine line separates debt and savings (between the black hole of high-interest credit card payments and the slow progress of financial...
To drive savings and simplicity while improving financial health, LendingClub has extended balance transfer to more borrowers. The offering lets borrowers seamlessly...
The demand for elective medical procedures in the U.S. is sky-high, but high costs severely limit consumers’ access to them. The elective...
A group of senators is urging the Consumer Financial Protection Bureau to reconsider a recently proposed overhaul of debt collection practices that...
The battle over payday lending — specifically, how tough U.S. federal rule will be in governing the industry — is heating up as an...
When Honeyfi got off the ground in 2017, it had a pretty simple idea. Couples could better manage their financial lives if...
Launched in 2008 as a provision of the College Cost Reduction and Access Act (CCRAA), the Public Service Loan Forgiveness program’s objectives...
In the United States, credit card balances and the interest rates charged on those balances are on the rise. In the latest...
Silicon Valley-based financial services startup Earnin has potentially run afoul of New York State regulators with its payday advance product for consumers....
Investing and financial planning company Charles Schwab is moving from its current payment model to a subscription-based one that will provide more...
U.K. challenger bank Tandem Bank is trying to make it easier for consumers to save by launching a new savings account. According to...
The Financial Conduct Authority (FCA), the U.K.’s financial watchdog, has found that some lenders are inflicting their credit card customers with an...
Credit card debt in the U.S. reached $870 billion at the end of last year, setting a record. Bloomberg, citing data from...
Of the scores of innovations and updates to consumer lending seen and written about over the last decade or so, speed is...
When it comes to managing personal finances, consumers are seemingly taking one step forward and three steps back. For one thing, the...
A new report has found that as debt rates have climbed to pre-recession levels, minority consumers are struggling to reach financial parity....
Affirm, a company founded by entrepreneur Max Levchin to provide fair alternative credit, has launched a new free saving account that offers...
As 2018 came to a close, unemployment was at historic lows — thanks in part to growth in the gig economy. In...
Nearly all American millennials plan on making a financial resolution in 2019, with some of the biggest goals being to save more...
What a difference a decade makes. Ten years ago, consumer confidence had slipped to an all-time low, and consumer spending followed it...
A new report has predicted that recurring transactions processed on debit and credit cards in the United States will reach $473 billion...
The Federal Deposit Insurance Corporation (FDIC) announced that it is has issued a request for public comments related to small-dollar lending by...
Tandem Bank, the U.K. mobile bank, announced on Wednesday (Nov. 14) a new automatic savings service that will be powered by global...
“The more I looked at retailer-sponsored finance, the more I realized people routinely end up paying atrociously more than they bargained for...
Digital identity in the last few years has gotten a major boost — as of 2018, 60 nations worldwide have embraced some version...
The automobile is one of those products that can change countless details of daily lives, to say nothing of the payments and...
Offering financing to consumers can be a tremendous marketing and customer retention tool for retailers that do it right. The trick, Bread Finance CTO and...
While living paycheck to paycheck is often associated with low-salary or part-time workers, the data tells a different story. As it turns...
Finance app Truebill announced it has raised $5 million in Series A funding and launched a variety of new capabilities. Investors in...
Maybe Isaac Newton — the hopelessly hopeful alchemist who came up with some solid rules of physics — was a genius of...
Peer-to-peer (P2P) lending in China is not for the faint of heart — and that’s putting it lightly. Banks offer credit limits...
When Renaud Laplanche founded LendingClub 12 years ago in 2006, the lending landscape was a very different place. Most consumer and business...
Alternative small business lending firm Capital Float appears to be deepening its footprint in the personal finance market through the acquisition of Walnut....
A new study shows that millennials are worried about their retirement, especially their chances of ever collecting Social Security (SS). The Transamerica...
Cabot Square Capital, a U.K. financial services firm, on Wednesday (July 25) sold its entire stake in 321 Crédito, a Portuguese consumer...
There is a lot to be happy about in 2018 — despite the sometimes dire tone of the headlines. Wages have been going up,...
President Donald Trump’s pick to lead the Consumer Financial Protection Bureau (CFPB) held her own during intense questioning by Democratic Senators on...
House Minority Leader Nancy Pelosi has criticized President Trump’s reported pick to head the Consumer Financial Protection Bureau (CFPB), saying that Republicans...
Sometimes it pays to follow the scent. Each quarter for about the last 18 months, we’ve asked 4,000 consumers to tell us...
In his first semiannual report to Congress, Mick Mulvaney said he is taking a narrow approach to running the Consumer Financial Protection...