The world of mobile payment apps has recently witnessed a paradox as the number of new downloads has declined while user engagement continues to rise. In late 2024, popular platforms such as Venmo, Cash App, Affirm, and Afterpay experienced a notable decrease in new downloads compared to the same
In an unprecedented move to tackle soaring credit card debt, Republican Senator Josh Hawley and independent Senator Bernie Sanders introduced a bill aimed at capping credit card interest rates at 10% for five years. The bill seeks to offer much-needed financial relief to working families
Gen Z individuals, despite being digital natives, demonstrate a marked preference for in-person shopping experiences over online ones, with almost three-quarters of them doing so at least once a week. This divergent behavior from previous generations has intrigued many, particularly given that only
Worldpay, a global payment processing company, is leveraging advanced data-sharing techniques and artificial intelligence (AI) tools to effectively combat fraud. Following its acquisition by Chicago private equity firm GTCR, Worldpay has been channeling a portion of its $1.25 billion growth capital
The landscape of Certificate of Deposit (CD) rates as of January 22, 2025, presents both opportunities and challenges for savers aiming to secure competitive rates in a shifting economic context. Recent Federal Reserve rate cuts have influenced this landscape, prompting financial institutions to
Millions of Baby Boomers are rapidly approaching retirement age, causing a significant shift in focus towards how this generation perceives their financial readiness. According to Charles Schwab’s Modern Wealth Survey, 66% of Boomers believe they are in a better position to reach their financial g
