SAN FRANCISCO–A start-up fintech is offering cash advances to people so they can maximize their 401(k)s to offset the money they’re storing away. The company then takes a percentage of the money employers contribute.
Fresh Today
OMAHA, Neb.–Unpaid maternity leave would empty the cash savings of three in four women, according to a new survey.
NEW YORK–The “myth” of free checking is costing consumers $8 billion annually, according to a new report that found despite the headlines, NSF fees are making a comeback.
LONDON—Recently appointed Chancellor of the Exchequer, Nadhim Zahawi, has introduced a new Financial Services and Markets Bill (FSMB) that intends to bring stablecoins under the control of U.K. regulator.
SAN FRANCISCO—A new report by Ripple indicates key financial sector players are considering central bank digital currencies (CBDC) as the future of fiat money.
WASHINGTON—A central bank digital currency (CBDC) that is well designed would improve financial stability, a new report from the U.S. Office of Financial Research is suggesting.
LONDON—New data show the United Kingdom saw a 24% year-on-year increase in fintech investments in the first half of 2022, despite a global slowdown in funding, according to data compiled by Innovate Finance, the industry body representing the fintech community in the U.K.
LONDON—How fast are some fintechs growing? A glance at financial technology firm Wise provides insights.
MADISON, Wis.— The base salary, base salary plus bonus, and total compensation packages paid by credit unions increased during 2021 across 18 of 19 positions reported in the new 2022 CUES Compensation Survey.
ARLINGTON, Va.–In recent weeks credit unions have seen victories in Congress—legislation advanced on priorities such as board modernization, e-signatures, funding for the CDLRF--as well as bills CUs adamantly oppose, including limits on overdraft fees, giving NCUA third-party vendor oversight authority, and a new interchange bill. What is happening?