personal finance

Discover Financial Services Weighs Sale of Student-Loan Business
Discover Financial Services Weighs Sale of Student-Loan Business
September 15, 2023  |  Acquisitions

Discover Financial Services is reportedly exploring the possibility of selling its student-loan business as part of its ongoing efforts to streamline operations following a series of...

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Can Prize-Linked Savings Accounts Help Consumers Play Their Way to Prosperity?
Can Prize-Linked Savings Accounts Help Consumers Play Their Way to Prosperity?
September 13, 2023  |  Consumer Finance

In light of today’s challenging macro environment, Americans’ savings accounts may need some saving themselves. Inflation is top of mind for increasingly embattled consumers, with...

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Chime Mobile Banking Leads PYMNTS’ Provider Ranking of Personal Finance Apps
Chime Mobile Banking Leads PYMNTS’ Provider Ranking of Personal Finance Apps
September 12, 2023  |  Mobile Applications

Handling finances can be overwhelming, especially amid the current economic uncertainties. The PYMNTS Provider Ranking of Personal Finance Apps aims to help consumers sort out the...

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Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling
Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling
September 06, 2023  |  Consumer Finance

Earnings statistics suggest that consumers are not quite feeling comfortable about freely spending again — at least for retailers of nonessential goods.  Much to the...

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Debit Cards, Cash and Tech Help Travelers Manage Their Spend While on the Road
Debit Cards, Cash and Tech Help Travelers Manage Their Spend While on the Road
September 04, 2023  |  Personal Finance

Consumers eagerly embraced the opportunity to travel once again post-pandemic, leading to an increase in travel demand for summer 2023 despite ongoing economic uncertainty and inflationary...

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FinTech Upgrade Expands Services to Include Consumer Auto Loans
FinTech Upgrade Expands Services to Include Consumer Auto Loans
August 30, 2023  |  Personal Loans

Upgrade is expanding its services to include consumer auto loans. To kickstart its auto lending business, the San Francisco-based FinTech company will initially make its offering...

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Inflation Increased Credit Card Spending for More Than Half of High-Spending Consumers
Inflation Increased Credit Card Spending for More Than Half of High-Spending Consumers
August 29, 2023  |  Personal Finance

Nearly 200 million in the United States hold at least one bank-issued credit card — a financial tool which has come in handy as inflation...

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Goldman Hands Off Personal Finance Unit to Creative Planning
Goldman Hands Off Personal Finance Unit to Creative Planning
August 28, 2023  |  Banking

Goldman Sachs is selling its personal finance business to investment adviser Creative Planning. The deal, announced Monday (Aug. 28), comes one week after the news that Goldman was considering...

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Paycheck-to-Paycheck Pressures Remain as Fed Signals Higher Rates, Consumer Sentiment Slips
Paycheck-to-Paycheck Pressures Remain as Fed Signals Higher Rates, Consumer Sentiment Slips
August 25, 2023  |  Personal Finance

Higher rates. A bit more muted consumer sentiment. The paycheck-to-paycheck pressures continue. On Friday (Aug. 25), the final reading of the University of Michigan’s survey on consumer...

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