Credit Karma news and trends

FTC Begins Refunding $2.5 Million in Credit Karma Deception Case

October 31, 2024
FTC, Federal Trade Commission
Intuit to Add Agentic AI Capabilities Across Platforms and Products
artificial intelligence // September 25, 2024

Intuit will introduce agentic artificial intelligence (AI) capabilities in December and continue rolling them out throughout 2025. The company will add these capabilities across its platforms and products, including Intuit TurboTax, Credit Karma, QuickBooks and Mailchimp, Intuit said in a Wednesday (Sept. 25) press release....

Intuit Says Small Businesses Adopt Digital Solutions to Improve Cash Flow
Earnings // August 22, 2024

Small and medium-sized businesses (SMBs) are increasingly adopting digital solutions to help them improve their cash flow, Intuit executives said Thursday (Aug. 22). The company, which owns TurboTax, Credit Karma, QuickBooks and Mailchimp, saw the revenue growth in its SMB unit outpace that of its...

Intuit to Acquire Zendrive to Expand Usage-Based Auto Insurance
Acquisitions // June 13, 2024

Intuit plans to acquire technology and add employees from Zendrive to accelerate the development and adoption of Karma Drive, a telematics-powered, usage-based auto insurance product offered by Intuit business unit Credit Karma. The transaction is expected to close in the fourth quarter of fiscal year...

Intuit to Preview AI-Powered Marketing Tools 
artificial intelligence // June 13, 2024

Intuit, the maker of TurboTax, Credit Karma, QuickBooks and Mailchimp, will preview a new artificial intelligence (AI) system designed to help businesses increase revenue through smarter marketing. The Mountain View, California, company said in a press release emailed to PYMNTS that its “revenue intelligence” technology...

Interviews & Exclusives
Credit Karma: Good Habits Will Pave The Way To Autonomous Finance

August 11, 2021
Credit Karma is rapidly iterating on its vision of providing “autonomous finance,” wherein it aims to help people better manage their spending habits to quickly achieve their financial goals. And one of the first steps in that process is ensuring that people’s credit scores are where they need to be. The company’s new bill pay […]

Data Dive: The Yes, No, Gotcha! Edition

January 08, 2018
Holiday vacations are officially over, and the payments and commerce news cycle is back in high gear. Bitcoin turned nine, and was celebrated by seeing its price per coin exceed $20,000. Rumors circulated that FICO might...

Unicorns Still Toeing (Hoofing) The IPO Line

June 16, 2016
Still a dearth of tech IPOs this year, making our unicorns skittish about public debuts. Plus, a new U.S. unicorn entrant makes a bow. And a few layoffs to boot.

Quick Reads
FTC Begins Refunding $2.5 Million in Credit Karma Deception Case

October 31, 2024
The Federal Trade Commission is issuing payments to consumers misled by deceptive claims from Credit Karma. The FTC is sending checks and PayPal payments to 50,994 consumers, adding up to more than $2.5 million, according to a Thursday (Oct. 31) press release. The regulator took action against Credit Karma in 2022, fining the company $3 […]

Intuit to Add Agentic AI Capabilities Across Platforms and Products

September 25, 2024
Intuit will introduce agentic artificial intelligence (AI) capabilities in December and continue rolling them out throughout 2025. The company will add these capabilities across its platforms and products, including Intuit...

Intuit Says Small Businesses Adopt Digital Solutions to Improve Cash Flow

August 22, 2024
Small and medium-sized businesses (SMBs) are increasingly adopting digital solutions to help them improve their cash flow, Intuit executives said Thursday (Aug. 22). The company, which owns TurboTax, Credit Karma,...

Intuit to Acquire Zendrive to Expand Usage-Based Auto Insurance

June 13, 2024
Intuit plans to acquire technology and add employees from Zendrive to accelerate the development and adoption of Karma Drive, a telematics-powered, usage-based auto insurance product offered by Intuit business unit...