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With only 17 million users, compared to PayPal’s 300 million, Honey seems minuscule. But this is PayPal's largest acquisition ever by price, and it far eclipses the $800 million PayPal spent in 2013 for Braintree, which owned Venmo.
November 27 -
New tech like APIs and artificial intelligence will help consumers manage all their finances through an app, rather than just transfer funds.
November 27
Wealthfront -
Given their price, higher interest rates and appeal to a specific consumer segment, recreational vehicle loans could be a significant growth segment for some credit unions.
November 27
AppOne, Inc. -
Most mainland investors can still only watch gains in Alibaba Group Holding Ltd., as China’s most valuable listed company extends increases after its Hong Kong stock exchange debut.
November 27 -
The bank will continue to hold cash in sweep accounts until 2031, although at a lower rate; capital requirements could lead big banks to hold off lending.
November 27 -
Apple Pay raises funds to fight AIDS; Amex expands dining reservations; and other information you need to start your day, from PaymentsSource and around the web.
November 27 -
One recent study finds consumers have flipped their point-of-sale preference from credit to debit. That could be a sign of fears about a possible economic downturn.
November 27 -
A sector not known for its innovation or willingness to change is actually a shining example when it comes to creating hubs of engaging content, says On24's Mark Bornstein.
November 27
On24 -
Yale researchers have recommended several consumer banking products and services that could help those with mental health challenges manage their money.
November 26 -
David Becker, who founded First Internet Bank two decades ago, says traditional banks' digital-only ventures are only making his bank look more mainstream.
November 26 -
One-time expenses at a handful of large banks marred an otherwise solid quarter, while higher charge-offs point to possible credit-quality concerns.
November 26 -
In the Fed's quest to bring inflation back to its 2% target, Gov. Brainard recommended pursuing a policy she called “flexible inflation averaging.”
November 26 -
The Department of Housing and Urban Development is seeking public feedback on federal, state and local laws and regulations that may inhibit affordable housing or constrain the supply of housing.
November 26 -
The high court scheduled oral arguments on March 3 in the lawsuit dealing with a president's ability to fire the head of the Consumer Financial Protection Bureau.
November 26 -
A new report from the Federal Reserve shows a stark decline in bank branches across rural communities. Even after moving into some of those markets, credit unions aren't always meeting those consumers' needs.
November 26 -
American Express is launching a credit card that provides consumers in the U.K. cash back for reaching physical activity goals.
November 26 -
The documentation tied to disputes can be complex, but it's necessary to mitigate dispute resolutions during busy shopping periods, says PactSafe's Eric Prugh.
November 26
PactSafe -
Profits dipped 7% from a year earlier but banks still earned nearly $60 billion, the agency said in its Quarterly Banking Profile.
November 26 -
Democratic Senators Elizabeth Warren and Sherrod Brown want the Consumer Financial Protection Bureau to examine allegations of bias against women who applied for an Apple credit card underwritten by Goldman Sachs.
November 26 -
Billionaire Jack Ma’s Ant Financial is planning to raise about $1 billion for a fund that will invest in startups from Southeast Asia to India and help strengthen its foothold in fast-growing mobile internet markets, a person familiar with the matter said.
November 26





















