July 7, 2017
July 7, 2017
Conventional wisdom once would have said consumers prefer a traditional bank with branches and humans while digital “direct” banks (those without branches) were only for rate […]
July 6, 2017
July 6, 2017
Delinquencies in both open- and closed-end loans rose in the first quarter of 2017, according to the ABA Consumer Credit Delinquency Bulletin released today. The rise in […]
June 27, 2017
June 27, 2017
Categories
Security alert overload, a source of frustration for bank security departments for some time, appears to have careened out of control. A survey of bank security […]
June 26, 2017
June 26, 2017
Delinquencies and foreclosure rates dropped in May, partially reversing the sudden increase in April, according to Black Knight Financial Services’ First Look report. After rising 13% in April, […]
June 23, 2017
June 23, 2017
For the second year in a row, all of the nation’s largest financial institutions passed their stress tests, meaning each company has enough capital on hand to […]
June 21, 2017
June 21, 2017
Categories
A recent study from financial services technology leader FIS reveals the emergence of “Gen MX,” a new segment of higher-income Gen Xers and senior millennials. This segment […]
June 16, 2017
June 16, 2017
Wedding season is upon us. According to theKnot.com, the average cost of a wedding in 2016 rose to an all-time high of $35,329. But modern weddings […]
June 15, 2017
Homeowner equity increased significantly in the first quarter of 2017, according to the Q1 2017 home equity analysis from CoreLogic. Homeowners with a mortgage, about 63% of […]
June 14, 2017
Last month, the New York Federal Reserve reported that household debt across the nation has hit a dubious milestone in the first quarter: It surpassed the […]