consumer finance

CFPB Proposes Oversight for Big Tech and Digital Wallet Providers

CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
November 07, 2023  |  Legal & Regulation

In a move to ensure consumer protection and regulatory oversight, the Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer...

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BMO Financial Group Launches Digital Real Financial Progress Hub
BMO Financial Group Launches Digital Real Financial Progress Hub
November 06, 2023  |  Banking

BMO Financial Group has announced the launch of its Real Financial Progress Hub, a digital platform that provides customers with access to personal finance advice,...

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LendingTree: Consumers Seek Loans but Credit Availability Has Contracted
LendingTree: Consumers Seek Loans but Credit Availability Has Contracted
October 31, 2023  |  Consumer Finance

LendingTree continued to be affected by high interest rates and consumers having difficulty accessing credit in the third quarter. Get the Full Story Complete the form...

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Rewards Drive Higher Credit Card Use Among Boomers and Seniors
Rewards Drive Higher Credit Card Use Among Boomers and Seniors
October 31, 2023  |  Credit Cards

Baby boomers and seniors — consumers born before 1965 — were the first generations to have access to credit cards, back to the 1960s and...

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Consumers Deplete Two-Thirds of Their Savings Every Four Years
Consumers Deplete Two-Thirds of Their Savings Every Four Years
October 30, 2023  |  Consumer Finance

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Are High-Income Consumers Poised to Pull Back and Trade Down?
Are High-Income Consumers Poised to Pull Back and Trade Down?
October 27, 2023  |  Consumer Finance

The latest reading on consumer sentiment signals that high-income consumers may embrace a few strategies to deal with concerns over inflation and dwindling stock portfolios....

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Speed and Better Branding Needed to Boost Pay-by-Bank Adoption
Speed and Better Branding Needed to Boost Pay-by-Bank Adoption
October 27, 2023  |  Payment Methods

The popularity of account-to-account (A2A) transfers, which involve direct electronic fund transfers between two bank accounts, has surged over the past decade, largely driven by...

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Earnings Season Shows Card Delinquencies ‘Normalizing,’ but What Comes Next?
Earnings Season Shows Card Delinquencies ‘Normalizing,’ but What Comes Next?
October 27, 2023  |  Earnings

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