There’s never been a better time for digital-first financial institutions (FIs), as customers are pulling their savings from big banks. The opposite seemed true just...
Consumers are getting ready to battle inflation for the long haul — tapping every resource that’s available. Here’s one telltale sign: Valley Bank EVP and...
The head of America’s biggest bank said the battle against inflation may not be over. J.P. Morgan Chase CEO Jamie Dimon warned that the Federal...
For Affirm, growth is still in the mix, and demand is still there for buy now, pay later. But the growth rates are decelerating, leading...
The Consumer Financial Protection Bureau is warning Americans about “double dealing” by mortgage comparison-shopping platforms. “Companies operating these digital platforms appear to shoppers as if...
A spike in the price of new cars has both buyers and auto dealers worried. As The Wall Street Journal (WSJ) reported Saturday (Feb. 4),...
Santander UK has warned that macroeconomic challenges in the United Kingdom could impact credit quality. In its 2022 results announced on Thursday (Feb. 2), Santander...
So far into 2023, there’s been cautious optimism from payment networks on card spending. Earnings results from Mastercard, Visa, American Express and others show that...
LendingClub’s results showed that higher interest rates are cutting into investors’ demand to buy loans. The company said in its earnings materials on Wednesday (Jan....