consumer finance

Why Banking Apps Need to Be More Than Just Banking Apps
Why Banking Apps Need to Be More Than Just Banking Apps
September 14, 2022  |  Digital-First Banking

Consumers are using mobile banking apps like never before. The pandemic served as a catalyst for mobile adoption, as the portion of consumers reporting that they...

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How Did $1,400 Become the ‘New’ Average Emergency Expense?
How Did $1,400 Become the ‘New’ Average Emergency Expense?
September 14, 2022  |  Economy

For years, $400 has served as shorthand for the precarious state of the U.S. consumer’s financial health — namely, whether they could afford to meet...

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Grocery Shoppers Cut Back, Trade Down as Inflation Rises
Grocery Shoppers Cut Back, Trade Down as Inflation Rises
September 12, 2022  |  Shopping

As consumers look to mitigate the effects of skyrocketing food inflation on their bank accounts, how they shop for groceries is changing. Research from the...

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Study Finds Fewer Than 10% of Consumers Use FinTechs as a Primary Bank
Study Finds Fewer Than 10% of Consumers Use FinTechs as a Primary Bank
September 12, 2022  |  Consumer Finance

Most people have tried digital banking, but they may not have realized it. PayPal and Venmo are both already mainstream, and many digital-only banks are...

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Discount Retail Boosts Square Footage as Consumers Stretch Dollars
Discount Retail Boosts Square Footage as Consumers Stretch Dollars
September 11, 2022  |  Economy

The death of brick and mortar has been greatly exaggerated.  To get a sense of where the growth may lie — at least in retail...

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New Survey Shows Consumers Less Optimistic Than Fed on Taming Inflation
New Survey Shows Consumers Less Optimistic Than Fed on Taming Inflation
September 09, 2022  |  Consumer Finance

Consumers have to make tough choices about their spending. Just 4% of consumers say that their wages have kept pace with inflation, so it is...

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FinTechs Use Secured Cards to Fill Consumer Credit Gap
FinTechs Use Secured Cards to Fill Consumer Credit Gap
September 01, 2022  |  Payment Methods

The path toward building a full-service bank in the digital age is a long and winding one. And for the FinTechs endeavoring to do that,...

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Report: Crypto Winter Hasn’t Chilled Consumer Interest in Buying Crypto
Report: Crypto Winter Hasn’t Chilled Consumer Interest in Buying Crypto
August 30, 2022  |  Cryptocurrency

Reports of cryptocurrency’s demise are greatly exaggerated. Fifty-six percent of consumers express at least some interest in buying cryptocurrency in the next year, and crypto...

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Savings Not Enough to Blunt Paycheck-to-Paycheck Pressures
Savings Not Enough to Blunt Paycheck-to-Paycheck Pressures
August 29, 2022  |  Economy

The paycheck-to-paycheck consumer won’t — and in fact, cannot — be saved by savings. Inflation still is rampant, hovering between 8% to 9%, eating away...

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