Growing home equity levels could lead to more spending, borrowing

Jan 09, 2019 Quinn Thomas

In the aftermath of the financial crisis, millions of homeowners saw the value of their homes slashed, which held back consumer spending for many years. However, many of these property owners have begun to return to positive equity, potentially


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Grocery purchases by mobile payments appear to be on the horizon

Jan 09, 2019 Dave King

Paying the grocery tab at a supermarket with a prepaid ACH card, debit or credit card on their mobile phone may become as popular as paying household bills and buying a new pair of shoes, a new survey found.The poll by Symphony EYC, which produces


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Governments see the perks of short term loans

Jan 09, 2019 Philip Burgess

In New York, there has been a lot of controversy and debate in the last month or so regarding the short term lending industry. Governor Andrew Cuomo and Superintendent of Financial Services Benjamin Lawsky seem to have a personal vendetta against


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Government could use data analytics to combat financial fraud

Jan 09, 2019 Walt Wojciechowski

Government could use data analytics to combat financial fraud

Financial fraud is a major hindrance to business success in the United States. Not only can it be detrimental to consumers who have their identities stolen, compromising consumer credit reports, it can hurt the reputations of business and financial


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GOP Rewrite of Dodd-Frank Act: How Could It Impact Lending Practices?

Jan 09, 2019 Walt Wojciechowski

GOP Rewrite of Dodd-Frank Act: How Could It Impact Lending Practices?

The CHOICE Act proposes a restructure of the Consumer Financial Protection Act and regulatory reforms applicable to community banks. 


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