Search Results for: personal finances

Plinqit, the Savings Platform Paying Users for Learning About Personal Finances, Announces New Integration

Plinqit, the “only” savings platform of its kind that pays users for learning about personal finances, revealed that its platform is now accessible viaĀ  Jack Henryā€™s (NASDAQ: JKHY) Banno Digital Platform. As noted in the update, Plinqit integrated to Jack Henry “using the Banno Digital… Read More

RateSetter Scolds Brits: Stop Procrastinating on Personal Finances

Research from peer-to-peer lending platform, RateSetter, attacksĀ the UK’s tendency toĀ procrastinate – specifically with managingĀ personal finances. The information was coordinated with RateSetter’s #MakeItPay promotional campaign. Ostensibly RateSetterĀ decided to delve deeper into the procrastination habits that stymieĀ people from making a change like dumping their bank and hooking… Read More

UK Financial Inclusion Report Examines Impact of a Cost of Living Credit Crunch, State of Personal and Household Finances

Plend‘s ā€˜Financial Inclusion Report notes that the impact of a cost of living credit crunchā€™ is far-reaching. The update touches on the effects of “the cost of living crisis, personal and household finances, and the resulting impacts on access to financial services in the UK.”… Read More

CIBC Introduces Digital Tool for Providing Personalized Financial Advice, Managing Finances

As many Canadians set their financial goals for the year ahead, CIBC announced the launch of CIBC Smart Planner, which is described as “an easy to use, self-serve digital tool that takes the complexity out of managing finances and offers personalized advice.” CIBC Smart Planner… Read More

Consumer Investments at Bank of America Surpass $500B in Assets as Clients Choose High-Tech Approach to Managing Finances

Bank of America (NYSE: BAC) announced its Consumer Investments business has grown to more than $500 billion in client assets, a more than 10-fold increase since the business started a decade ago. This reportedly includes around 4 million client accounts with Merrill Edge Self-Directed and… Read More

Nordic Challenger Bank Lunar Launches Update to Hyper-Personalize Banking

Lunar has recently rolled out a major app update, which is described as a game-changer in hyper-personalized banking. Lunar claims that it takes digital banking to the next level with the launch of the app update, 5.0, marking a key moment in the platform’s evolution…. Read More

Inflation Is Having A Negative Impact On US Government Workers’ Finances

Inflation is taking a financial toll on state and local government workers in the U.S. according to new research. A Harris Poll, commissioned by DailyPay, finds that the majority or 73% of government workers say inflation has had a “negative impact on their finances in… Read More

Fintech Fizz Launches New Money App to Help Students Manage Finances and Improve Financial Literacy

Fizz announced the launch of the next iteration of its Money App, which is designed to empower students in managing finances and building a financial foundation. With the Fizz app, students are reportedly able to check credit scores, gainĀ  spending insights, and take financial coursesā€”which… Read More

Bank Clients Finding Ways to Manage Inflation But Not Necessarily with Personal Financial Management Tools – Report

With the inflation rate in the United States “stubbornly” stuck around 3%, more bank customers are trying to find ways to manage the higher cost of goods, “even if their overall financial health has not necessarily improved.” According to J.D. Power, the percentage of U.S…. Read More

Malaysia’s Maybank Introduces Single Device Feature for Sole Proprietors to Manage Finances

Maybank introduced the single device feature for sole proprietors where users can link up to five Maybank2u (M2U) access in the MAE app, enabling them to manage their finances in an easier and more seamless manner. This includes a combination of one individual account and… Read More

Concerns About Inflation, Interest Rates Increase Even as US Consumers Stay Optimistic About Finances – Report

TransUnionā€™s (NYSE: TRU) Q2 2024 Consumer Pulse study found that consumer concerns about inflation and interest rates reached their highest levels in two years. Despite these concerns, they come “as 55% of Americans remain optimistic about their household finances over the next year ā€“ the… Read More

Gregor Mowat of Loqbox Shares Insights on How to Effectively Manage Finances During Cost of Living Crisis

According to the UK’s Financial Conduct Authority (FCA), 24% of UK adults have expressed low confidence in handling their money, and 38% admitted to having low knowledge of financial matters. But as the cost-of-living crisis rumbles on, with precious little relief offered by the Governmentā€™s… Read More

Wealth Management Services from JPMorgan Reportedly Assisted Over 1 Million Clients with Personalized Plans

J.P. Morgan Wealth Managementā€™s Wealth Plan has helped customers create more than 1 million personalized plans. The tool reached this milestone just over a year since its launch. Available for free in the Chase Mobile app and on Chase.com, Wealth Plan is a digital money… Read More

Copilot Raises $6m in Series A Funding to Expand Personal Finance Tool

Personal finance app operator Copilot announced that it has successfully raised $6 million in a Series A funding round anchored by venture capital firm Adjacent. The round is aimed at expanding the app’s reach across all platforms and bolstering its artificial intelligence and product development… Read More

Revolut Business to Assist Clients in Malta with Managing Finances

Revolut Business, the “borderless” financial super app for businesses, recently noted that they are focusing on markets in Malta. Revolut Business says theyā€™re bringing clients the “one and only” platform they need to manage their business finances, so customers can: Exchange, send, and spend money… Read More

Plannix, a Personal Finance Hub, Partners with Open Banking Fintech Salt Edge

Plannix, a personal finance hub that helps with wealth tracking, portfolio management, and financial planning, teams up with Salt Edge, a key player focused on offering open banking solutions, to enable users from Italy and beyond “to connect and view all their bank accounts in… Read More

Financial Stress: Majority of Restaurant Industry Workers Are Somewhat Stressed About their Finances – Survey

Two-thirds (66%) of quick-service and fast-casual restaurant industry employees are at least somewhat stressed about their finances, according to a new independent study conducted by YouGov, commissioned by DailyPay. The research, which surveyed quick service restaurant (QSR) and fast-casual restaurant employees, indicates “that the majority… Read More

BMO Expands Digital Personal Banking Products that Aim to Support Financial Progress Nationwide

BMO announced the launch of its digital Real Financial Progress Hub, a resource that allows customers to easily access personal finance advice and guidance, as well as tools and resources to “reach their own specific financial goals.” In addition to helping customers budget and set… Read More

Credit Genie Secures Funding to Expand Approach to Behavioral Finance and Personalized Budgeting

Creditly Corp., dba Credit Genie, a digital personal finance platform that has served more than one million Americans, announced the successful completion of an additional funding round, securing $10 million in capital, “bringing its total financing to $21 million.” The funding via the investment round… Read More

Most US Consumers Believe Credit Cards Make It Challenging to Manage Finances, Affirm Report Claims

As Americans face record-high credit card debt and fees, nearly three in four (73%) say credit cards make it challenging to manage their finances, according to a new survey conducted by OnePoll and commissioned by Affirm (NASDAQ: AFRM) the payment network that empowers consumers and… Read More

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