Although regulators believe big banks will stay safe, they expect some other lenders will shut down.

Google will begin enforcing its updated personalized ads policy tomorrow, Wednesday, February 28.

Disparities in which groups receive these deals led the Consumer Financial Protection Bureau (CFPB) to ask questions about fair lending practices.

Customers want more transparency in banks’ lending decision-making processes and more control over the data that factors into them.

US banking digital ad spending growth has slowed to a trickle and pushed marketers to rethink their allocation strategies. But 2024 looks more promising.

Issuers are bracing for a recession to take a toll on charge-off rates, merchant fee revenues, and interest income. But have they fully baked in the economic threats consumers face?

Unrealized losses in banks’ bond portfolios and fears of more banking turmoil give shadow banks a chance to make a risky buck.

SVB leaves void of startup support in its wake: Depositors may get their money back but they’ll lose the go-to institution for young companies accessing capital. Brace for startup failures.

Denied credit due to low credit scores, many UK consumers are turning to more expensive options to weather the cost of living crisis.

Alphabet earnings disappoint, except in the cloud: Google Cloud surpassed Q3 expectations as Alphabet’s topline revenue dashes investor hopes. Expect more pressure on employees, which could harm workplace culture.

Citizens will be able to take out loans up to $30,000. The bank plans to offer even more services at post office locations soon.

The majority of US consumers are shouldering loan debt, with 61.1% holding one or more loan accounts with an outstanding balance. The most common types of accounts to have an outstanding balance are mortgages (33.3%) and auto loans (31.0%).

In the US housing boom, small and midsize lenders trying to preserve slim profits are an opportunity for AI and machine learning solutions.

The pandemic has hit lower-income households especially hard. But its effects are being felt across income brackets, and not always in predictable ways—for instance, upper-income consumers are making the biggest spending cuts.

The financial services sector will continue to increase its investments in digital advertising this year despite the pandemic. Shifting consumer behavior toward digital banking services and heightened interest in personal finance has given financial services companies good reasons to continue advertising.