personal finance

30% of Consumers Swap Instant for Slower Payments to Avoid Fees
30% of Consumers Swap Instant for Slower Payments to Avoid Fees
August 19, 2023  |  Faster Payments

Buoyed by growing consumer preference for faster payments, instant disbursements have gained popularity in recent years. The recent launch of the FedNow instant payments system...

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Plaid Teams With Pinwheel for Direct Deposit Services
Plaid Teams With Pinwheel for Direct Deposit Services
August 17, 2023  |  Personal Finance

Plaid says it has added income and employment data platform Pinwheel to its partner network. The partnership, announced Thursday (Aug. 17), will see Pinwheel provide...

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Credit Sesame Launches Credit-Building Debit Card
Credit Sesame Launches Credit-Building Debit Card
August 16, 2023  |  Personal Finance

Credit Sesame has unveiled a new product that aims to help individuals build and enhance their credit scores through their everyday debit purchases. The new...

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Amazon and Chase Bring Installments to Amazon Pay
Amazon and Chase Bring Installments to Amazon Pay
August 15, 2023  |  Personal Finance

Amazon and Chase say they have expanded their equal monthly payments offering for card members. The companies announced Tuesday (Aug. 15) that Prime Visa and...

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Greenlight Launches Credit Builder for Teens
Greenlight Launches Credit Builder for Teens
August 08, 2023  |  Personal Finance

Greenlight Financial Technology has launched a credit builder for teens that’s designed to help parents raise financially smart kids. With the Greenlight Family Cash Card, teens...

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Robinhood Cuts 7% of Workforce Amid Slowdown in Trading Volumes
Robinhood Cuts 7% of Workforce Amid Slowdown in Trading Volumes
June 26, 2023  |  Personal Finance

Stock brokerage app Robinhood has laid off about 150 employees, or 7% of its workforce. The job cuts were made in response to a slowdown in trading...

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Gen Z Takes to TikTok to Share Personal Financial Details
Gen Z Takes to TikTok to Share Personal Financial Details
May 31, 2023  |  Personal Finance

Financial institutions (FIs) may have an opportunity to pick up where social media leaves off.  Not so long ago, few people openly talked about their...

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Venmo Debuts Digital Account and Debit Card Aimed at Teens
Venmo Debuts Digital Account and Debit Card Aimed at Teens
May 22, 2023  |  Payment Methods

The quest to tap into teen spending took a step forward with the launch of the Venmo Teen Account, which also comes with a Venmo...

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Gen Z, Millennials Use Credit Cards 30% More Than the  Average Cardholder
Gen Z, Millennials Use Credit Cards 30% More Than the Average Cardholder
May 09, 2023  |  Credit Cards

Inflation is pushing credit card spending to new heights as consumers increasingly use cards to pay for daily expenses. PYMNTS’ latest study reveals that one-third...

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