consumer finance

‘Data-Driven Intelligence’ Helps Credit Union Members Navigate Inflation’s Challenges
‘Data-Driven Intelligence’ Helps Credit Union Members Navigate Inflation’s Challenges
February 07, 2023  |  Credit Unions

If there’s one universal certainty right now, it’s that everyone’s examining the household budget. As Yvonne Stelpflug, senior vice president of Advisors Plus consulting at...

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60% of Renters Report Financial Health in Jeopardy Over High Housing Costs
60% of Renters Report Financial Health in Jeopardy Over High Housing Costs
February 03, 2023  |  Consumer Finance

For many Americans, owning a home or renting an apartment signifies financial stability and maturity, with Americans traditionally leaving home early and never looking back....

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Report: Record Number of Americans Dipping Into 401(k)s
Report: Record Number of Americans Dipping Into 401(k)s
February 02, 2023  |  Economy

With budgets growing tighter, more Americans are reportedly turning to 401(k)s in emergencies. Nearly 3% of the 5 million people who have 401(k) plans offered...

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Companies Scramble to Simplify Bill Payment Experience for Consumers
Companies Scramble to Simplify Bill Payment Experience for Consumers
February 02, 2023  |  Consumer Payments

PYMNTS’ latest research shows that most bill-paying consumers in the United States face challenges in the bill payment process. In the last 90 days, more...

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TransUnion Invests in UK Open Banking Firm Bud Financial
TransUnion Invests in UK Open Banking Firm Bud Financial
January 31, 2023  |  Investments

TransUnion has invested in British open banking and data intelligence firm Bud Financial Limited. The global information and insights company said in a Tuesday (Jan....

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Bank Customers Want Advice on Best Way to Use Credit
Bank Customers Want Advice on Best Way to Use Credit
January 30, 2023  |  Consumer Finance

Card-issuing banks offering payment advice to clients may benefit from decreased delinquencies and higher long-term customer retention.  Data suggests that consumers are increasingly reaching for...

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More than Half of High-Income Consumers Now Live Paycheck to Paycheck
More than Half of High-Income Consumers Now Live Paycheck to Paycheck
January 30, 2023  |  Consumer Finance

As we move into 2023, inflation and economic uncertainty remain top concerns for most U.S. consumers. In the past 12 months, increasing prices for everything...

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FinTechs Drive Consumer Financial Well-Being With Enhanced Spend Visibility
FinTechs Drive Consumer Financial Well-Being With Enhanced Spend Visibility
January 29, 2023  |  Consumer Finance

Klarna’s new “Money Story” highlights the importance of reviewing spending patterns. The new feature works like a Spotify-style year in review, but instead of showing...

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Nearly 60% of Restaurants’ Best Customers Cutting Back on Tips
Nearly 60% of Restaurants’ Best Customers Cutting Back on Tips
January 27, 2023  |  Restaurant innovation

Few things are more enjoyable than a pleasant meal at a favorite restaurant, but consumers have had to contend with bigger checks of late, which...

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