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Michigan University’s Consumer Survey Shows Continued Economic Rebound 

PYMNTS

1-10 survey of American consumers by the University of Michigan show an unexpected upturn, with respondents anticipating larger income gains and lower inflation during the year ahead, the University of Michigan reported on Friday (Oct. The report said the consumer sentiment index climbed to 96.0 in September.

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TRENDING: How Credit Unions Give Digital The Personal Touch

PYMNTS

More diverse communities are being served by CUs than ever before, with the state of Michigan recently approving the nation’s first LGBTQ-focused CU, Superbia Credit Union. The Credit Union Tracker™ , done in collaboration with PSCU , is your go-to monthly resource for updates on trends and changes in the credit union industry.

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The Week Opens with Treasuries in Rally Mode

South State Correspondent

The first full week of the month brings with it a quick read on September economic activity in the form of the twin ISM surveys (today and Wednesday) and the employment report on Friday. and has been trending lower ever since. Perhaps more important to Powell and company in this report will be the labor force participation rate.

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TRENDING: Voice Recognition Gets Its Own Backup Biometrics

PYMNTS

The headlines have been littered with recent reports of fraudsters and hackers stealing consumer information from everyone from email providers to hotel chains and credit bureaus. To see the rest of the latest Digital Identity headlines, check out the Tracker’s news and trends section. . Another day, another security breach.

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Rebound In Consumer Sentiment: One-Off Or Trend Into Holidays?

PYMNTS

As reported on Friday (Sept. 13), preliminary data from the University of Michigan shows that sentiment rebounded more than expected, up to 92 from 89.8 As reported on Friday (Sept. 13), preliminary data from the University of Michigan shows that sentiment rebounded more than expected, up to 92 from 89.8 up from 105.3.

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US Bankcards Industry Benchmarking Trends: 2022 Q3 Update

FICO

US Bankcards Industry Benchmarking Trends: 2022 Q3 Update. Sources: University of Michigan, U.S. Delinquency rates have been trending upward for the past seventeen months with no signs of slowing down – account and balance delinquency rates have both exceeded pre-pandemic levels. NicholetteLarsen@fico.com. by Leanne Marshall.

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NEW REPORT: How Navy Federal Keeps Service Members’ Finances In Shipshape

PYMNTS

In Michigan, a group of credit unions recently joined forces to form a new financial institution (FI): a bank. Seven Michigan-based credit unions recently applied to establish a new limited-purpose bank, known as Credit Union Trust. Around The Credit Union World. Talk about a case of strange bedfellows. About The Tracker .

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