PYMNTS-MonitorEdge-May-2024

consumer finance

Survey: Teens Slated To Spend Lowest Amount Since 2011
Survey: Teens Slated To Spend Lowest Amount Since 2011
October 09, 2019  |  Consumer Finance

New data has found that American teens are estimated to spend $2,371 per year — the lowest level for the age group since the fall...

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Vocalink CEO: The Three Guideposts For Navigating Payments’ Evolution
Vocalink CEO: The Three Guideposts For Navigating Payments’ Evolution
October 07, 2019  |  Consumer Finance

The good news for customers — and the challenge for financial services players, both established and emerging as the decade comes to a close —...

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Visa Powers Revolut’s Global Expansion Into 24 New Markets
Visa Powers Revolut’s Global Expansion Into 24 New Markets
September 30, 2019  |  VISA

“There is nothing new under the sun.” Human beings have been saying the above, or some variation on it, for approximately three thousand years since...

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Aussie FinTech Douugh Expands Mastercard Debit Cards To US Customers
Aussie FinTech Douugh Expands Mastercard Debit Cards To US Customers
September 19, 2019  |  Digital Banking

Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account...

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Wells Fargo Teams With Plaid On API-Supported Data Exchange
Wells Fargo Teams With Plaid On API-Supported Data Exchange
September 19, 2019  |  Digital Banking

Financial institution Wells Fargo is partnering with data platform Plaid to offer customers the option of managing their finances in one place using an application...

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CFPB’s New Network Steps Up Financial Innovation Regulation
CFPB’s New Network Steps Up Financial Innovation Regulation
September 11, 2019  |  Consumer Finance

A network to better coordinate financial innovation among federal and state regulators is being launched by the Consumer Financial Protection Bureau (CFPB) in partnership with...

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APIs For FinTech Firms And Installment Plans
APIs For FinTech Firms And Installment Plans
July 02, 2019  |  B2B Payments

Programming innovations are making inroads, and are used by FinTech firms and banks to offer financial services to corporations and consumers. This week’s news touched on...

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LendingClub President On Credit That Builds Savings
LendingClub President On Credit That Builds Savings
June 19, 2019  |  Consumer Finance

A fine line separates debt and savings (between the black hole of high-interest credit card payments and the slow progress of financial health), and that...

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LendingClub Extends Balance Transfer To More Customers
LendingClub Extends Balance Transfer To More Customers
June 18, 2019  |  Marketplace Lending Platform

To drive savings and simplicity while improving financial health, LendingClub has extended balance transfer to more borrowers. The offering lets borrowers seamlessly pay credit cards...

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