PYMNTS
NOVEMBER 9, 2020
for the first time in several years, according to a study released by the F ederal Deposit Insurance Corp. percent in 2019, its lowest rate in a decade since the FDIC first began tracking this statistic in 2009. Yet many of these alternative solutions are running into challenges during the ongoing health crisis, such as prepaid cards.
PYMNTS
NOVEMBER 12, 2020
FDIC) study found that the number of unbanked U.S. Because for those with a smartphone but not a bank account or charge card, life is extra tough right now. percent of all American households stating in one recent study that they were not saving for emergencies. A recent Federal Deposit Insurance Corp.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
NOVEMBER 14, 2019
According to an FDIC study , 6.5 According to a study , 77 percent of U.S. Specifically, Amazon PayCode is rolling out in the United States to make it easier for shoppers who don’t want to pay with credit cards. Unbanked or underbanked consumers aren’t just an issue in the developing world. percent of U.S.
PYMNTS
JULY 30, 2019
population, 18 percent report having an overdraft at least once in the last year, according to a Pew study. Low-income households are also more likely to be “ high frequency overdrafters ” who run to a negative balance 14 or more times in a year, according to a different Pew study. In the general U.S.
PYMNTS
OCTOBER 6, 2017
But as readers in this space know, the move to cashless is not a done deal, nor is it written in the cards (no pun intended). A recent whitepaper by Cardtronics , in partnership with Edelman Intelligence for its 2017 Health of Cash study , has been titled “ In a Digital World, Cash is Resilient.” The headline findings?
PYMNTS
MARCH 4, 2019
1281), seeking to combat a trend — namely that more businesses are embracing card-only payment methods spanning debit and credit — the ban would also result in fines of hundreds of dollars per violation. In terms of the New York legislation (Intro. The debate will likely get increased scrutiny and input from stakeholders.
CFPB Monitor
DECEMBER 29, 2014
.” The DoD proposal would revise the scope of “consumer credit” subject to MLA restrictions to include, regardless of term or amount, all payday loans, vehicle title loans, refund anticipation loans, deposit advance loans, installment loans, unsecured open-end lines of credit, and credit cards.
Expert insights. Personalized for you.
203 
Let's personalize your content