Although there is a high risk for employees across industries to click on a suspicious link or email or obey a fraudulent request, employees at financial institutions are among the least likely to fall for such an attack.
Overdraft fees at American financial institutions declined in the first quarter of the year, suggesting that overdraft prices are no longer inelastic, according to data recently published by the Illinois economic research firm Moebs Services.
Mobile banking transactions will more than double by 2022, while branch visits will dwindle to just four visits each year for the average consumer in the same period.
Renters in Boston and Cambridge were paying twice the national average in April at over $3,000 per month.
Content marketing has been widely adopted by the fintech industry, although improvement is still needed to better connect with customers.
The local bank branch may still have more relevance than people think: a new study suggests many people not open a checking account with a local financial institution due to limited branch and ATM locations.
More than one-third of Millennials carry significant student loan, mortgage, credit card and some other type of miscellaneous debt.
It may not surprising to those who live here, but Massachusetts has been named the most innovative state in the country by a recent study.
Eastern Bank and Rockland Trust have been named two of the best bank’s in the world, according to Forbes.
Citizens Financial Group had more consumer complaints than nearly every other bank in the country in 2018.
Boston is one of the best cities in the country in which to seek employment.
Students across the country are paying millions of dollars in account fees to banks that have struck marketing deals with colleges and universities.
Homebuyers nationwide are putting less money down up front.
Nearly all financial service firms have experience some sort of fraud within the last two years, whether it’s identity theft or new account fraud, synthetic identity fraud or account takeover fraud.
More than half of Americans are placing debt reduction as their top priority this year.
Massachusetts is not the best place in the country to start a business, but perhaps the top place in New England.
Debit cards continued to be the most popular payment method for consumers last year.
U.S. banks and credit card apps are starting to win over the hearts of their customers.
Artificial intelligence might be making waves in the banking industry, but many customers still prefer in-person interactions at bank branches.
Massachusetts has the third best economy in the country, according to a recent WalletHub study.