BOSTON–“Green banking” and related initiatives at financial institutions has the capability to become a “game changer,” according to a new analysis released by the analytics firm GlobalData.
THE corner
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has published a new report analyzing the financial profiles of Buy Now, Pay Later borrowers.
WASHINGTON–Is the branch dead, as many believe? Quite the opposite, according to one expert—but the branch will need to be different as might the people who work there.
WASHINGTON— There is certain level of APR that is the “dividing line between whether borrowers have a decent chance of repaying,” according to a new report from the Consumer Federation of America and Woodstock Institute.
CHICAGO–Consumers who are new to credit or early in their credit journeys generally perform as well or better than borrowers with established credit and similar risk scores, according to a TransUnion study.
ST. LOUIS–Credit unions looking to help their members in the long term will want to pay attention to a new study that has found the average American has about 10% less saved for retirement now than they had at the beginning of 2022.
NEW YORK—A new survey shows that 31.9% of consumers polled have experienced “financial infidelity.”
NEW YORK—New research shows that people with super-prime credit—those who have a FICO score of 780-850—on average earn $9.50 in rewards and pay $7.10 less in interest each month on rewards cards compared to run-of-the-mill classic cards.
BOSTON–The loyalty of credit union members may prove “fickle” as the result of new technologies, according to a new study, which found more than a quarter of members saying they would move to another FI for product innovation.
SCOTTSDALE, Ariz.—As the rise in digital delivery of financial services continues, a key reason for the growth is consumers are gaining greater trust in FIs’ mobile security, a new study shows.