Check fraud scams continue to cheat consumers out of thousands of dollars, and complaints to government agencies and consumer advocacy groups have doubled over the last three years, the Better Business Bureau said in a new report released today.
Two-thirds of consumers who use nonbank fintech apps are extremely concerned or very concerned about data privacy, according to a recent survey conducted for the Clearing House.
A recommendation by friends or family members is the main reason consumers cite for adopting a new person-to-person payment solution, according to survey results commissioned by Early Warning Services and released today.
Americans’ confidence in banks dipped in 2018 as part of a broad decline in confidence in institutions, according to an annual Gallup survey.
Top executives at 89 percent of large U.S. companies are seeing tax savings as a result of the tax reform bill passed late last year, and they plan to continue using their savings to invest in growth-related activities, according to a survey of CEOs, COOs and CFOs conducted by PwC.
Credit cards and prepaid cards increased their share of payment instruments that households use in a typical month, according to results from the Federal Reserve Bank of Boston’s 2016 and 2017 Surveys of Consumer Payment Choice released today.
While mobile and other digital channels continue to grow in importance for transactions, branches remain the preferred channel for customers to have important conversations with their banks, according to a Celent survey for Samsung released today.