consumer finances

AI Agents Wake Up $1.6 Trillion in Sleepy Bank Deposits

AI Agents Wake Up $1.6 Trillion in Sleepy Bank Deposits
AI Agents Wake Up $1.6 Trillion in Sleepy Bank Deposits
October 08, 2026  |  Artificial Intelligence

JPMorgan Chase, Bank of America and Wells Fargo hold about $1.6 trillion in deposits that pay no interest, the Financial Times reported. That money tends...

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Higher Prices Are Splitting Consumers Into Three Camps
Higher Prices Are Splitting Consumers Into Three Camps
October 08, 2026  |  Consumer Insights

Americans facing higher bills are taking three different approaches to their paychecks, and the largest group is still holding spending steady or increasing it. That...

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Careful Consumers Want Control. SoFi Says Banks Should Hand It Over.
Careful Consumers Want Control. SoFi Says Banks Should Hand It Over.
October 07, 2026  |  Consumer Payments

Watch more: Need to Know With Max Spivakovsky of SoFi  A consumer does not have to stop spending to become more careful about money. Debit...

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Fed Governor Points Lenders Toward Second-Chance Borrowers
Fed Governor Points Lenders Toward Second-Chance Borrowers
September 02, 2026  |  Loans

Federal Reserve Gov. Michael Barr is urging lenders to look beyond conventional credit histories when evaluating consumers and entrepreneurs with criminal records, pointing to cash-flow...

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AI Opens a New Distribution Channel for Credit
AI Opens a New Distribution Channel for Credit
August 31, 2026  |  Credit Cards

Economic pressure is incentivizing consumers more reason to compare the cost of a purchase, the possibility of financing behind it and the alternatives before committing....

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62% of Financially Improving Households Have a Savings Cushion
62% of Financially Improving Households Have a Savings Cushion
August 26, 2026  |  Consumer Finance

As today’s consumer confidence reading from The Conference Board shows, metrics can be complicated. They may be holding in a narrow range, but household finances...

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Personetics Partners With Plaid to Give Banks Deeper Customer Insights
Personetics Partners With Plaid to Give Banks Deeper Customer Insights
August 18, 2026  |  Partnerships

Personetics has added open finance intelligence to its artificial intelligence (AI)-powered personalization platform for banks and credit unions by partnering with Plaid, Personetics said in a Tuesday (Aug....

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Private Credit Firms Pull Back From Payment-In-Kind Perks
Private Credit Firms Pull Back From Payment-In-Kind Perks
August 11, 2026  |  Banking

Private credit firms are reportedly moving away from an industry perk called payment in kind. As the Wall Street Journal (WSJ) reported Tuesday (Aug. 11),...

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