Equifax Data Breach: What to Do Next September 14, 2017 Industry, Preparation, Protection, Regulation Sean Collins There is no doubt that you’ve heard of the massive data breach at Equifax, between mid-May and July 2017, that was made public last week. In light of that, we’ve consulted with our team of financial and credit experts to make it very clear what is at risk and how you should respond. What happened Keep Reading
Busting the Millennial Myth August 8, 2017 Industry, Savings, Spending Priya Iyer Millennials are constantly getting a bad rap for being financially irresponsible. I’m sure you’ve heard the accusations of how frivolous we are, or how we’re living lavishly off of our parents’ money. (Full disclosure — in some circles, I’m considered a millennial!). The industry and the media often paint the picture that because of our Keep Reading
The Fintech Industry Won’t Save You July 25, 2017 Industry, Regulation, Savings, Spending Ben Luthi The Fintech Industry Won’t Save You As the fintech industry has expanded, hundreds of companies have been clamoring to help consumers manage their money. Millennials are usually the target market. But while fintech companies have gotten good at selling financial products, that doesn’t mean they’re actually helping people. According to the National Foundation for Credit Keep Reading
What to Do with A Small 401(k) When You Leave A Job June 19, 2017 Cinch, Industry, Investing, Savings Erin Lowry One of the many loose-ends you need to tie up when transitioning from one employer to another is figuring out what exactly to do with your retirement savings. When my boyfriend, whom I call Peach, left his first teaching job for an opportunity at a different school, he also left behind a modest 403(b). For Keep Reading
The Current State of U.S. Financial Literacy June 13, 2017 Industry, Preparation, Regulation Priya Iyer Across the U.S., we celebrate financial literacy and awareness during specific times of the year. Last month, for example was National Financial Literacy Month. But many advocates, the government, and even research studies show that one-off or annual pushes for financial education are not enough. Richard Corday, Director of the Consumer Financial Protection Bureau (CFPB) Keep Reading
A Case for Subscription Services June 6, 2017 Cinch, Industry Priya Iyer If you’ve noticed a growing number of subscription-based services popping up around you, you may be on to something. Subscription-based services are making a comeback in a range of industries, and you may begin to see the same in the FinTech industry soon. In the past, companies that have been the first to shift to Keep Reading
Series: How Your Credit Report Information Is Being Used May 31, 2017 Cinch, Industry, Regulation Priya Iyer In my last two posts, I’ve explored a lot of what you might want to know about credit reports, credit scores, and what all of this means for you as a consumer. Now, for the grand finale of posts on credit reports (exciting stuff, right?)! There are an ever-increasing number of ways your credit report Keep Reading
New Apps With Interesting Tech May 17, 2017 Cinch, Industry Priya Iyer Trends in the FinTech app space affect trends in the broader technology space and vice versa. So, for today let’s park the conversation on money matters. Instead, let’s talk about some sophisticated, new apps (unrelated to FinTech) that you might want to keep your eye on. As I was sifting through a bunch of ‘best Keep Reading
A Trump-date. May 10, 2017 Industry, Regulation Priya Iyer When Trump was inaugurated in January, I saw article after article on the potentially crippling changes the new administration might make that would affect the FinTech industry. After reading what the experts had to say, I wrote about the potential of the administration to weaken or dismantle several regulations. Since then, I’ve mostly heard crickets Keep Reading
Is Reddit Actually the Best Financial Advisor Out There? May 5, 2017 Industry, Lifestyle, Savings, Spending Erin Lowry Our parents had “Dear Abby”. We have Reddit. The tone is certainly different, but the underlying principle is the same. We’re confused and just want someone else’s guidance, even complete strangers. Reddit, which if you aren’t familiar is best explained as a message board, although some will be loftier in its description and call it Keep Reading
