Survey: Minorities more likely to rely on non-bank services
Apr 12, 2011 Todd Milner
According to USA Today, minorities are more likely to be unbanked or underbanked compared to non-minority groups.The news source notes that in January 2009, approximately 54 percent of black households and 43.3 percent of Hispanics were either
Read More
MicroBilt granted patent for payment reporting and scoring service
Apr 09, 2011 Brian Bradley
The U.S. Patent and Trademark Office recently granted a patent to risk management firm MicroBilt for its PRBC bill payment reporting and scoring process.The company collects data on commonly recurring bill payments and filters it all into a
Read More
Social media a new breeding ground for prospective employee research
Apr 08, 2011 Matt Roesly
Employers who use background screening service Tandem Select to check a prospective applicant's history can now use social media and publicly available web content as part of their hiring process, the company has announced."Companies
Read More
Auto leasing on the rise
Apr 08, 2011 Brian Bradley
More consumers are choosing to lease their automobiles, The Detroit News reports. During the recession, the financing option lost popularity as available credit became scarce, but now the industry is making a comeback.Leasing is attractive
Read More
Short term lending reform bill in Iowa at a standstill
Apr 07, 2011 Todd Milner
According to The Iowa Independent, the Iowa Division of Banking reported that the annual interest rate on short term loans in 2009 was 292 percent.A coalition of faith-based and community groups are advocating to reduce that number to 36 percent,
Read More