Financial Advice news and trends

Klarna Partners With Money Adviser Network to Offer Debt Advice
Consumer Finance // July 19, 2023

Klarna has joined forces with the Money Adviser Network (MAN) to enable its customers in the United Kingdom to get fast, free debt advice. The buy now, pay later (BNPL) service will alert its customers the debt advice services available from members of MAN, which is provided by...

Gen Z Is Only 4% of Credit Union Members, and That’s a Problem
Credit Unions // June 09, 2023

Young consumers are feeling the pinch. According to recent PYMNTS data, 73% of millennials live paycheck to paycheck — the highest rate among all generations, with Generation Z close behind at 66%. Beset by a bleak economic picture, consumers are looking to their financial institutions...

Why Credit Unions Must Act More Like Big Tech to Keep Members Loyal
Credit Unions // March 24, 2023

Evolving consumer preferences, accelerating digital adoption and a challenging economy have kept financial services providers on their toes in 2023. Consumers maintain a similar posture, with 51% interested in financial advice, according to a recent study. Credit union members are especially interested in innovative products,...

Lending Club, Intuit Pair To Streamline Consumer Loan Applications
Partnerships / Acquisitions // October 19, 2018

Intuit is set to offer an easier consumer loan application process and personalized financial advice through partnerships with Lending Club and Wealthfront. “With more than 25 million users and rich insights into their financial profiles, Mint and Turbo are uniquely positioned to deliver value to...

Interviews & Exclusives
Gen Z Is Only 4% of Credit Union Members, and That’s a Problem

June 09, 2023
Young consumers are feeling the pinch. According to recent PYMNTS data, 73% of millennials live paycheck to paycheck — the highest rate among all generations, with Generation Z close behind at 66%. Beset by a bleak economic picture, consumers are looking to their financial institutions (FIs) for support, with one survey finding that 59% of […]

Why Credit Unions Must Act More Like Big Tech to Keep Members Loyal

March 24, 2023
Evolving consumer preferences, accelerating digital adoption and a challenging economy have kept financial services providers on their toes in 2023. Consumers maintain a similar posture, with 51% interested in financial...

Quick Reads
Wells Fargo Expands Availability of Digital Financial Advice Services

October 12, 2023
Wells Fargo has expanded the availability of its personalized digital financial advice and planning services, known as LifeSync, to all its consumer customers. LifeSync was initially launched earlier this year for Wealth and Investment Management (WIM) clients and has now been made available to all consumer customers through the Wells Fargo Mobile app, the bank said in a Thursday (Oct. 12) press […]

Klarna Partners With Money Adviser Network to Offer Debt Advice

July 19, 2023
Klarna has joined forces with the Money Adviser Network (MAN) to enable its customers in the United Kingdom to get fast, free debt advice. The buy now, pay later (BNPL) service will alert...

Lending Club, Intuit Pair To Streamline Consumer Loan Applications

October 19, 2018
Intuit is set to offer an easier consumer loan application process and personalized financial advice through partnerships with Lending Club and Wealthfront. “With more than 25 million users and rich...