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Financially “Underserved” Americans Pay $141 Billion Annually in Interest and Fees

Underserved Americans spend as much as $141 billion a year in fees and interest rates to manage their money, according to the 2016 Financially Underserved Market Size Study. This is the sixth report of its kind from the Center for Financial Services Innovation (CFSI) and Core Innovation Capital, providing a “snapshot” of what life is


A stack of money. Heap of one hundred dollar bills on money background. Fake money. Shallow depth of field. Selective focus.

Financially “Underserved” Americans Pay $141 Billion Annually in Interest and Fees

November 22, 2016

Underserved Americans spend as much as $141 billion a year in fees and interest rates to manage their money, according to the 2016 Financially Underse..
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U.S. is the Global Fraud Hotspot for the Holidays

With the holiday shopping season officially beginning in just a few days, global retailers can expect a 12% growth in online fraud compared to the sam..
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Americans Say In-Store Shopping is a Holiday Tradition

With Black Friday just days away, a new study has found 75% of Americans believe in-store shopping is the best way to get into the holiday spirit, and..
the cannabis and money

CanPay Provides First Debit Card Payment App for Marijuana Retailers

Cannabis legalization is spreading across the country. Many states already allow recreational or medical marijuana purchases, and eight new states vot..
weekly-rate-report

The LowCards.com Weekly Credit Card Rate Report for November 22, 2015

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit car..
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Apple Pay Now Processes Donations for Non-Profit Organizations

Apple Pay has expanded its payment processing services to non-profit organizations, allowing users to donate money to charity directly through their m..
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Nearly Three-Quarters of Americans are Worried About Holiday Identity Theft

November 21, 2016

One-third of shoppers plan to do most or all of their holiday shopping online, and 71% of these shoppers are worried about identity theft, according ..
Starbucks Coffee

Chase Pay Debuts at Starbucks and Best Buy

Starting today, customers can use the Chase Pay app to make purchases at 7,500 participating Starbucks and 1,400 Best Buy locations in the United Stat..
samsung pay

Samsung Pay Compatible with Non-Samsung Phones via Gear S3

The Samsung Gear S3 is the first smartwatch with MST technology, the programming that allows Samsung Pay to work with registers that do not have near ..
VALENCIA CA/USA - AUGUST 17 2014. Wells Fargo bank exterior. Wells Fargo & Company is an American multinational banking and financial services holding company headquartered in San Francisco California.

Wells Fargo Reports 44% Decline in New Accounts after Scandal

Wells Fargo recently released its customer activity data from October 2016, which monitors trends including spending, new accounts and closed accounts..

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