Consumers whose annual incomes exceed $100,000 are hardly skating through current economic conditions. In fact, data shows that as of December, 16% of high-income consumers have trouble making ends meet, a 45% increase year over year. Inflation has eaten into the budgets of consumers across...
Robert Cashman, president and CEO at Metro Credit Union, tells PYMNTS how credit unions (CUs) can be a port in a storm for members hurting under current economic conditions. — Despite positive economic signs, consumers are still feeling the pain. With talk of a future...
Businesses and consumers are returning to their pre-pandemic norms, but some of their behaviors have changed. Banking customers are less likely to visit banks now than they were 18 months prior, and nearly all consumers have an online or mobile banking feature at their disposal....
The chief operating officer of Goldman Sachs said the bank is working on a digital money management tool in an attempt to attract more customers from Main Street, according to a report by Reuters. “We are developing a digitally empowered mass affluent capability that will...
September 16, 2021
Businesses and consumers are returning to their pre-pandemic norms, but some of their behaviors have changed. Banking customers are less likely to visit banks now than they were 18 months prior, and nearly all consumers have an online or mobile banking feature at their disposal. The push to digitization highlighted the advantages of online banking, […]
October 01, 2018
People love mapping apps for three reasons: They completely, and correctly, plot the best route from Point A to Point B. They show changes to that route in real time...
July 13, 2018
Women’s relationship with money in the United States has been something of an evolving area in the 242 years since Thomas Jefferson declared America’s independence with the phrase “all men...
November 01, 2023
Banking and payments solutions provider i2c has announced the expansion of its partnership with Payfare, a global FinTech company, to enhance financial access and empower gig workers. This move will enable Payfare to enter new markets, including Canada and the U.K., and provide faster and more convenient access to earnings for gig workers, the companies announced […]
May 31, 2019
The chief operating officer of Goldman Sachs said the bank is working on a digital money management tool in an attempt to attract more customers from Main Street, according to...
August 16, 2018
The Financial Conduct Authority (FCA) and the Competition and Markets Authority (CMA) announced on Thursday (Aug. 16) that consumers and small businesses will have better information about the services offered...
