personal finances

Consumers Say They Use Credit to Buy Essentials and Spend More
Consumers Say They Use Credit to Buy Essentials and Spend More
June 24, 2024  |  Credit Cards

Although consumer spending dipped slightly last month, not all spending choices are created equally. While some consumers curtail spending by choice, others do it entirely...

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FDIC Warnings and ‘False’ Deposit Insurance Claims Spotlight Non-Bank Risks
FDIC Warnings and ‘False’ Deposit Insurance Claims Spotlight Non-Bank Risks
June 11, 2024  |  Consumer Finance

The headlines swirl around Synapse’s bankruptcy and customers’ tales of being frozen out of their accounts. The FinTech space is always evolving, and the ongoing...

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

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...

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

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...

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

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...

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

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,”...

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Fed Survey Reveals Tighter Standards and Weaker Demand for Loans
Fed Survey Reveals Tighter Standards and Weaker Demand for Loans
May 06, 2024  |  Loans

Banks are seeing a slide in demand for loans — at the same time that they’re tightening lending standards. And the pressures, as noted in...

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Upstart Unveils Custom Loan Tool for Banks and CUs
Upstart Unveils Custom Loan Tool for Banks and CUs
April 25, 2024  |  Loans

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...

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Synchrony: Addressing Women’s Economic Needs Can Improve Healthcare
Synchrony: Addressing Women’s Economic Needs Can Improve Healthcare
April 19, 2024  |  Healthcare

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,...

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