The COVID-19 pandemic has prompted consumers and merchants to reconsider the mechanism that they use for handling in-person transactions, with many concerned that the virus...
Amid the pandemic, banks have “frozen” at least $150 billion of loans – equating to about 5 percent of their consumer portfolios. The question becomes: What...
For credit unions (CUs), the shift to digital banking is here — and depending on how you look at it, the pivot, by necessity, took...
Active-duty service members are 76 percent more likely to report identity theft than most people, according to data from the Federal Trade Commission (FTC). The...
Consumer spending has sharply declined since the COVID-19 pandemic led to worldwide economic closures. The U.S. Department of Commerce recently reported that spending in the country...
Consumers have largely turned to eCommerce since efforts to slow the spread of COVID-19 shuttered brick-and-mortar stores. Online purchases increased 30 percent between March and...
Financial uncertainties following layoffs and furloughs have made many U.S. consumers more frugal, but other individuals are still turning to retail therapy to cope with...
Consumers have turned to online gambling platforms to try their luck at games of chance since casinos remain closed. But while players at physical locations...