The COVID-19 pandemic created a need for unprecedented government disbursements. The United States federal government alone distributed $931 billion in direct payments to approximately 165...
Lower-income recipients of COVID-19 relief payments are quickly spending the money they get, the Wall Street Journal reported Sunday (Feb. 14), citing data gleaned from...
Federal Reserve Chair Jerome Powell and U.S. Treasury Secretary Steven Mnuchin told a House committee Tuesday (Sept. 22) that marked economic progress has been made...
“Worst quarter ever.” It sounds like a bit of hyperbole, but that’s an accurate description of the quarter that started in March and ended in June...
Many Americans were in precarious financial situations before the COVID-19 pandemic hit. Forty percent of respondents told the Federal Reserve in 2018 that they would...
Emergency aid won’t ease Americans’ financial woes if the most vulnerable can’t easily access it. In this month’s Next-Gen Debit Tracker, Rose Jones, director of...
The pandemic has changed how consumers purchase goods, with many avoiding brick-and-mortar stores due to the continued threat of catching the virus in public spaces....
Consumers are embracing digital banking amid the pandemic, with many signing up for the first time. But time-consuming onboarding procedures that require extraneous details lead...
Americans continue to face problems with accessing stimulus debit cards, with some people receiving cards they can’t use due to the wrong names being printed...