savings

Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in, for example, a deposit account, a pension account, an investment fund, or as cash. Saving also involves reducing expenditures, such as recurring costs.

Source: en.wikipedia.org

Onward Financial’s Employer-Backed Payday Loan Alternative
Onward Financial’s Employer-Backed Payday Loan Alternative
February 05, 2019  |  Loans

You know the story. Critics say that short-term, small-dollar loans push consumers into the hamster wheel of a never-ending debt cycle – one that turns a two-day...

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CNBC, Acorns Announce Partnership And Investment
CNBC, Acorns Announce Partnership And Investment
January 28, 2019  |  Investments

CNBC and Acorns, the FinTech that makes a mobile investing and savings app, announced on Monday (Jan. 28) a strategic partnership to create editorial content and...

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Goldman’s Marcus Logs $35B In Deposits In 2018
Goldman’s Marcus Logs $35B In Deposits In 2018
January 16, 2019  |  Earnings

Goldman Sachs saw its latest quarterly results beat Street estimates, helped by a combination of investment banking-related activity – but also by strength in its...

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Goldman Increases Interest Rates For Marcus
Goldman Increases Interest Rates For Marcus
January 04, 2019  |  Banking

Goldman Sachs has boosted interest rates for Marcus savings accounts, according to a report from CNBC. The consumer finance branch of Goldman Sachs will pay...

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Eight UK Credit Unions Went Out Of Business In 2018
Eight UK Credit Unions Went Out Of Business In 2018
December 26, 2018  |  Loans

Largely hailed as safe alternatives to payday loan firms, credit unions in the U.K. are shuttering at the fastest tempo in years, amid fears that...

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Robinhood Retreats From Checking, Savings Products
Robinhood Retreats From Checking, Savings Products
December 16, 2018  |  Bank Regulation

Robinhood, the FinTech that garnered a lot of attention last week after announcing a checking and savings product with 3 percent interest, has retreated from...

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Kroger Debuts Rx Membership Program
Kroger Debuts Rx Membership Program
December 13, 2018  |  Retail

Kroger has launched the Rx Savings Club, which aims to significantly reduce the cost of prescription drugs for customers across the country. The program adds...

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Marcus Buoys Goldman’s Growth
Marcus Buoys Goldman’s Growth
October 16, 2018  |  Earnings

Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through...

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Acorn Uses Vault Acquisition To Launch Retirement Fund Services
Acorn Uses Vault Acquisition To Launch Retirement Fund Services
April 25, 2018  |  Consumer Finance

Following its acquisition of Vault, Acorns has rolled out a simple way to open and fund a retirement account through Acorns Later. The launch marks...

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