Texts impersonating banks caused victims to lose $800 per scam in 2023

Teenagers are also more likely to experience financial concerns and lie about their financial situation

Report finds 17% of customers think AI will make their lives worse

Artificial intelligence (AI) and complex algorithms have become integral in credit decision-making processes

Recent developments in the technology are seeing a growth in investment in AI

A more holistic view benefiting both lenders and borrowers

The new loss mitigation home retention option will help those falling behind on mortgage payments

More than 60% of middle-market companies class themselves as “digitally native”

Bitcoin reached its 45-month high on Monday climbing over a stunning $54,000

The Bureau seems poised to put even more pressure on financial institutions to change their overdraft practices