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financial health

FintechNews RoundupUSA
·Jan. 22, 2018

Dan Schulman’s Perspective on Financial Health

PayPal’s CEO Dan Schulman has written an article in the Wall Street Journal; he believes that while technology generally has improved the lives of many, the potential of applying technology to expanding financial services is still unrealized; most people manage their money the same way they did years ago and fees paid by Americans still total $170 billion every year; Schulman believes that collaboration is key to achieving universal financial health. Source

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FintechNews RoundupUSA
·Jan. 11, 2019

Financial Health at the Core of Lending Club

A recent study conducted by Lending Club claims  that 60% of Americans have revolving credit card debt and two-thirds of Americans...
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FintechNews RoundupUSA
·Feb. 11, 2019

Big Banks Waive ATM Fees for Public Benefits Employees

Bank of America, JPMorgan Chase and Wells Fargo have agreed to waive ATM fees for Californians who receive public benefits;...
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Opinion
·May. 1, 2019

Moving Beyond Financial Literacy to Financial Empowerment

Financial Literacy Month ended yesterday (yes, April is officially Financial Literacy Month) and I have been thinking a lot about...
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FintechNews RoundupUSA
·Jun. 27, 2019

Traditional Banks Learning Valuable Lessons From Fintechs

The growth of fintech has already had a tremendous impact on the banking system; but the business model for many...
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Peer to Peer Lending
·Mar. 12, 2018

MoneyLion Plus Takes An Innovative Approach to Encourage New Investors to Save

It has been said many times that the majority of Americans don’t have enough in savings to cover a $500...
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Peer to Peer Lending
·Feb. 6, 2019

The Industry Responds to FDIC Small Dollar Lending Rule Request

Small dollar loans can be quite profitable. Just look at the number of payday loan stores in the US, there...
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FintechNews RoundupUSA
·Mar. 29, 2019

HSBC Launches Two Financial Health Partnerships

HSBC’s U.S. retail division has struck two new financial health partnerships with Everfi and GreenPath Financial Wellness; “This is about...
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FintechNews RoundupUSA
·May. 1, 2019

Moving Beyond Financial Literacy to Financial Empowerment

Last month was officially Financial Literacy Month; Peter Renton, Co-Founder of LendIt Fintech reflects on a recent piece by Jennifer...
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News Roundup
·Nov. 14, 2019

The Financial Health Pulse Shows Only 29% of Americans are Financially Healthy

When it comes to financial health most Americans are not doing well. The annual U.S. Financial Health Pulse was released...
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