Biometric Payment Cards

Biometric Payment Cards Offer Frictionless Transactions with Less Cooties

As signatures for credit cards diminish in value and PINs (personal identification numbers) become more common for debit card transactions, the next wave could likely be biometric payment cards. Payments cards with smart chips have had a big impact on fraud in the U.S.. Coupled with a four-digit PIN the payment card fraud decreases exponentially.…

Consumer Confidence Yield Curve

Upside Down Yield Curve + Sideways Consumer Confidence = Recession Brewing

U.S. consumer confidence has been going sideways over the past two years. A February bounce, following the end of the Trump government shutdown, was short-lived as consumer confidence resumed its slow downward erosion in March. An upside down, or inverted, yield curve happens when short-term interest rates become higher than long-term rates. Investors consider this…

Skewed Economic Data for 2019

Skewed Economic Data Produced Rocky Start for 2019 & the Rocky Road Ahead

As the fog clears it has become clear the Trump Shutdown messed up consumer economic statistics, far more than projected, producing skewed economic data. Lenders were particularly rattled when the latest figures revealed an uptick in auto loan defaults. First mortgage defaults also edged up, raising concerns among bankers. Credit card delinquency also moved upward…

Metal Offers P2P with Crypto Rewards

Cool Mobile Pay App Instantly Transfers $$$ to Your Peeps & Earns Crypto Rewards for You

Imagine earning investment crypto rewards, up to 5%, just for sending money via a phone number to friends, family and businesses (P2P or Peer-to-Peer). The cryptocurrency earned will soon be able to integrate with Crumbs, allowing users to turn their spare change into micro investments, like the popular app Acorns, but with cryptocurrency. The brand-spanking new…

Millennials Life Insurance Understanding is More Than You Think

Millennials are much more concerned about how they would pay their bills if the primary wage-earner were to die, than consumers between 35-49. Women were significantly more anxiety-ridden about life insurance, with more than a third reporting feeling stressed or worried compared to just 23% of men. Millennials life insurance knowledge is keener than you might…

Skimmers Beware – Your Days Are Numbered as In-Dash U.S. Fuel Payments Take Hold

No more swiping or dipping your payment card at the gas pump, entering your zip-code, PIN, selecting “debit” or “credit,” or entering the middle name of your mom’s aunt Helen. LOL The automotive industry’s first-ever embedded, in-dash fuel payment is here and automatically rewards loyalty. Sweet!!  General Motors has buddied up with Shell-branded stations in…