personal finances

Personal Finance and ‘Niche’ FinTechs Face Headwinds as Some Shut Down
Personal Finance and ‘Niche’ FinTechs Face Headwinds as Some Shut Down
September 03, 2024  |  Fintech Investments

“Build it and they will come.” The sentiment behind that iconic line might be apropos of the startup world, and for FinTechs in particular. Drill...

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Mastercard Debuts Enhancements to Open Banking Program
Mastercard Debuts Enhancements to Open Banking Program
August 13, 2024  |  Mastercard

Mastercard is upgrading its open banking for lending program, powered by employment/income verifier Argyle. The new features, announced Tuesday (Aug. 13), lets Mastercard offer income...

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Google Wallet and Acorns Launch Payment Solution Designed for Kids
Google Wallet and Acorns Launch Payment Solution Designed for Kids
August 09, 2024  |  Wearables

Parents can now provide their 7- to 12-year-old kids with a wearable payment device powered by Google Wallet and GoHenry by Acorns. The two organizations have partnered...

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Firstcard Expands Credit-Building Platform to More Consumers
Firstcard Expands Credit-Building Platform to More Consumers
August 08, 2024  |  Credit Cards

Credit-building platform Firstcard is expanding its focus from college students into new markets. The company announced Thursday (Aug. 8) that it had extended its services...

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The ‘Cautious Consumer’ Emerges as Sentiment and Savings Take a Hit
The ‘Cautious Consumer’ Emerges as Sentiment and Savings Take a Hit
August 02, 2024  |  Consumer Insights

It’s commonplace to refer to the U.S. consumer as the engine that drives the country’s economy. The observation is grounded in truth, given the fact...

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Big Bank Earnings Show Mixed Signals on Consumer Credit Health
Big Bank Earnings Show Mixed Signals on Consumer Credit Health
July 15, 2024  |  Earnings

Get enough data points in place, and you have a trend. As bank earnings have started to roll in — thus far, from JPMorgan, Wells...

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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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