Personal Finances news and trends

Inter Focuses on Brazilian Migrants to Drive US Growth
Business // June 05, 2024

Brazilian online lender Inter&Co is expanding its efforts in the United States, with a focus on replicating its success in Brazil’s online banking sector. With a customer base of 32 million clients in Brazil, Inter has gained popularity by offering a wide range of products, including...

Feds Cancel Student Debt for 160K New Borrowers
Debt // May 22, 2024

The U.S. Department of Education is canceling student debt for another 160,000 borrowers. This latest cancellation, announced by the White House Wednesday (May 22), brings the total number of Americans who have received student debt relief from President Joe Biden’s administration to 4.75 million. “Each...

Q1 Earnings Show Lending Platforms’ Digital Path to Financial Wellness
Personal Finance // May 20, 2024

Over the last several months, PYMNTS Intelligence data has revealed in separate reports that tens of millions of consumers would opt for a single point of access to manage banking and spending — through an everyday app. They’re using a number of digital conduits to...

For 23% of Gen X Consumers, Paying Down Debt Is a Top Financial Goal 
Consumer Finance // May 07, 2024

As the title of PYMNTS Intelligence’s most recent New Reality Check report, “The Paycheck-to-Paycheck Report: Why 60 Percent of Gen Z’s Live Paycheck to Paycheck,” makes clear, it’s tough out there for younger adults.  Fifty-nine percent of Generation Z consumers tell PYMNTS Intelligence they now...

Interviews & Exclusives
Q1 Earnings Show Lending Platforms’ Digital Path to Financial Wellness

May 20, 2024
Over the last several months, PYMNTS Intelligence data has revealed in separate reports that tens of millions of consumers would opt for a single point of access to manage banking and spending — through an everyday app. They’re using a number of digital conduits to gain a holistic view of spending and saving, budgeting their […]

Synchrony: Addressing Women’s Economic Needs Can Improve Healthcare

April 19, 2024
Health is wealth, in more ways than one. That’s because disparities in healthcare spending between patients are highly correlated to disparities in health outcomes. And, due to the historical underrepresentation...

‘Finfluencers’ Come Under Fire Amid New Social Media Controversy

March 19, 2024
Social media is very much under the microscope lately due to the controversy surrounding a potential TikTok ban and various cases regarding its regulation in front of the Supreme Court. And with that...

Digital Wellness Tools Ease Co-Parenting Financial Struggles

March 14, 2024
In the United States, government-issued child support payments cover only 53% of the expenses associated with raising a child. This leaves co-parents to manage the other 47% to pay for...

Quick Reads
Inter Focuses on Brazilian Migrants to Drive US Growth

June 05, 2024
Brazilian online lender Inter&Co is expanding its efforts in the United States, with a focus on replicating its success in Brazil’s online banking sector. With a customer base of 32 million clients in Brazil, Inter has gained popularity by offering a wide range of products, including credit cards, mortgages and investments through its smartphone app, Reuters […]

Feds Cancel Student Debt for 160K New Borrowers

May 22, 2024
The U.S. Department of Education is canceling student debt for another 160,000 borrowers. This latest cancellation, announced by the White House Wednesday (May 22), brings the total number of Americans...

Upstart Unveils Custom Loan Tool for Banks and CUs

April 25, 2024
Lending marketplace Upstart has debuted a tool to help lenders offer customized loan offers. That tool, dubbed Recognized Customer Personalization (RCP), lets banks and credit unions (CUs) identify when a customer is actively seeking...

IDIQ Debuts CreditBuilderIQ as Consumers Feel Pinched

April 16, 2024
Financial intelligence company IDIQ has launched a platform that aims to help consumers build their credit scores. CreditBuilderIQ, announced Tuesday (April 16), joins the company’s suite of identity theft protection, credit monitoring...