A new survey finds one in five Americans said sticking to a budget is their biggest challenge and another one in five report planning for retirement is their focus. Paying for higher education is the biggest financial challenge for Californians while planning for retirement concerns New Yorkers the most.
U.S. credit unions outpaced banks across all consumer lending and asset quality categories, according to research conducted by Callahan & Associates on second quarter data released by the National Credit Union Association (NCUA) and Federal Deposit Insurance Corporation (FDIC).
Citi inked a deal with Raiffeisenbank to sell its consumer banking business in the Czech Republic. Citi intends to focus on expanding the services it offers to Czech corporations, banks and public sector clients as well as continuing to service its multi-national clients with operations in Czech and global investors.
Bankrate has ankled Scott Kim as Chief Executive Officer of its Bankrate.com division. In this role, Mr. Kim will have responsibility for the growth and development of the Bankrate.com business, replacing Don Ross, who will be leaving Bankrate to pursue other opportunities.
Feedzai, a data science company that uses real-time, machine-based learning to analyze big data and minimize risk in the financial services industry, inked a partnership with Socure, the industry leader in real-time online identity verification solutions.
Acculynk has completed its implementation and “gone-live” with the City of College Park. Acculynk was awarded the contract in late June with the intent to deliver a unique and multi-channel solution that facilitates the payment of utility bills for the citizens of College Park.