Days before the inauguration of President-elect Donald Trump, the Federal Trade Commission (FTC) released early findings from its ongoing study of what it calls “surveillance pricing” and said this research should continue. Pointing to initial staff findings from research on this issue, the FTC said...
The percentage of households in the United States that are unbanked declined to a record low in 2023. At 4.2% of U.S. households, or 5.6 million, the percentage of households without a bank or credit union account was the lowest since the Federal Deposit Insurance Corp....
As convenience retailers compete for consumers’ loyalty, major players are leveraging shopper data to personalize their messaging, looking to drive deeper connections. Take, for instance, Casey’s General Stores, the third-largest convenience store chain in the United States. On a call with analysts Wednesday (June 12)...
You’ve probably heard it before, but data is undoubtedly the oil of the 21st century. And, just like oil, any data breaches or the equivalent “spills” of consumer information can be damaging to both businesses and their ecosystems. Particularly given the fact that we are...
August 25, 2023
Serena Smith, chief client officer at i2c, told PYMNTS in a recent interview that although digital innovations in banking have come a long way in just a few short years, “There’s still a long way to go.” Much in the way 9/11 forced financial services firms to pivot towards the electronic clearing of checks (through […]
March 13, 2023
Instant checkout has been a long time coming. Go back a few decades, and Amazon had a patent in the 1990s on one-click checkout. The patent expired in 2017, and...
December 15, 2021
No surprise: In the great digital shift, many consumers have turned to third-party apps to access their financial data. Yet those consumers are less than ideally aware about how the...
September 02, 2021
The FinTech startup Plaid says that getting a clear picture of a consumer’s transaction data is critical to improving their access to better financial products. By cleaning up and classifying...
January 23, 2025
Method Financial has raised $41.5 million in a Series B funding round to continue building its solution for consumer-permissioned financial connectivity and expanding it to new use cases. The company currently powers more than 60 FinTech and consumer lending clients and has enabled 30 million passwordless account connections for 4 million consumers, it said in […]
January 17, 2025
Days before the inauguration of President-elect Donald Trump, the Federal Trade Commission (FTC) released early findings from its ongoing study of what it calls “surveillance pricing” and said this research...
November 12, 2024
The percentage of households in the United States that are unbanked declined to a record low in 2023. At 4.2% of U.S. households, or 5.6 million, the percentage of households...
March 25, 2024
Open Lending appointed its chief financial officer, Chuck Jehl, to the additional roles of chief operating officer and interim CEO after Keith Jezek resigned as CEO and board member. This leadership change is effective...
