The Transactor

Nearly 60% of Credit Cardholders in the U.S. Live Paycheck to Paycheck

Retrieved on: 
Monday, December 18, 2023
Bureau, Bureau of Labor Statistics, Research, NYSE, SAN, LendingClub, Federal, Fraud, Theft, Credit, Partnership, Reality Check, The Transactor, Government, Female, Federal Reserve, Face, Intelligence, Online shopping, Pension fund

SAN FRANCISCO, Dec. 18, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released key findings from the 29th edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS Intelligence. The Credit Card Use Deep Dive Edition examines the financial lifestyles of U.S. consumers and explores how they use credit cards to manage their cash flows to get by. This edition draws on insights from a survey of 3,252 U.S. consumers conducted from Nov. 6 to Nov. 22 and an analysis of other economic data.

Key Points: 
  • As of November 2023, 62% of consumers lived paycheck to paycheck, mirroring last year's statistics and slightly higher than last month.
  • Consumers living paycheck to paycheck own nearly 60% of the credit cards in the U.S.
  • The research also confirms that those living paycheck to paycheck are more likely to struggle with higher credit balances and to pay bills.
  • The likelihood of a cardholder having pending repayments from an installment plan rises sharply among those who live paycheck to paycheck.

As the Impact of High Interest Rates Takes Hold, Growth in Consumer Spending Slows and Financial Stress Rises

Retrieved on: 
Thursday, September 14, 2023
HELOC, The Transactor, Oakes, Delinquent, Equifax, Education minister, Equifax Canada, Growth, Credit, Ragnar Nurkse's balanced growth theory, Bank, Real estate

Against the backdrop of rising interest rates, credit card spending growth showed signs of slowing.

Key Points: 
  • Against the backdrop of rising interest rates, credit card spending growth showed signs of slowing.
  • While record-high credit card balances played a key role, the average non-mortgage debt per credit-active consumer only saw a marginal uptick to $21,131.
  • In contrast, consumers with a credit history exceeding two years had an average non-mortgage debt of $22,710, up 1.9 per cent.
  • Balance growth & rising borrowing costs showed signs of impacting demand for many credit products in the second quarter.

Luxury Institute Launches Private Client Professional (PCP) Certification to Empower HNW Client Professionals with Relationship Building Skills

Retrieved on: 
Tuesday, October 4, 2022
Neuroscience, Job satisfaction, Certification, The Luxury Institute, Qualitative research, Learning, Research, Industry, Life, Knowledge, Multimedia, Completion, Education, View, HNW, Goal, Emotional intelligence, Growth, Medicine, COO, The Transactor, Institute, Program, UHNW, Luxury, PCP, Employment, Creativity, Aviation, Family office, Psychology, Public relations, Management

NEW YORK, Oct. 4, 2022 /PRNewswire/ -- The Luxury Institute today launched the Private Client Professional (PCP) Certification .

Key Points: 
  • NEW YORK, Oct. 4, 2022 /PRNewswire/ -- The Luxury Institute today launched the Private Client Professional (PCP) Certification .
  • This expertise has led to Luxury Institute's high-performance relationship building education system, Luxcelerate, and its online certification program, the Private Client Professional Certification.
  • Each dramatically improves the relationship building and emotional intelligence skills as well as financial results of private client advisors and professionals.
  • We help private client professionals to transform from predominantly fearful, and unengaged transactors into highly proactive, emotionally intelligent, high-performance client relationship builders.

MousePad Global: World's First BSC Exclusive Centralised Exchange

Retrieved on: 
Tuesday, November 2, 2021
Kucoin, MPAD, BSC, Mousepad, NSA, Basic Law: Israel as the Nation-State of the Jewish People, Database, PostgreSQL, Uniswap, Data, Matic, SOL, BNB, Launch pad, World, UTC, MySQL, AES, Risk, Co-operative Central Exchange, JavaScript, CEX, Roadmap, Debit card, Pressure, Decentralized exchange, Marketing, American Association of Individual Investors, Advanced Encryption Standard, Private, KYC, Vue.js, RLS, The Transactor, Coral, Cap, Knowledge, Financial Industry Regulatory Authority, Unix domain socket, ICO, Mobile, Cryptocurrency, Online shopping

Cape Coral, Florida--(Newsfile Corp. - November 2, 2021) - MousePad Global launches the World's first BSC exclusive centralised exchange; MousePad Global is a Centralized Exchange (CEX) that employs a high-performance mega-transaction matching technology.

Key Points: 
  • Cape Coral, Florida--(Newsfile Corp. - November 2, 2021) - MousePad Global launches the World's first BSC exclusive centralised exchange; MousePad Global is a Centralized Exchange (CEX) that employs a high-performance mega-transaction matching technology.
  • Currently, MousePad Global is in its initial phase, the platform aims to become a go-to platform for new and experienced investors as they move forward.
  • What Is a Centralised Exchange?
  • Their Roadmap comprises extensive marketing campaigns, the MPAD exchange, Staking/Farming, and in the later phases they also plan to launch their very own Debit Card and the Mousepad Blockchain.

Cadence Accelerates Development of Mobile, Automotive and Hyperscale Systems with the Helium Virtual and Hybrid Studio

Retrieved on: 
Wednesday, September 22, 2021
Semiconductor, Hardware, Electronic Design Automation, Technology, Software, System, The Transactor, SOC, Arm Ltd., Virtual, Computer scientist, Software, GUI, Multimedia, Intelligent system, Linux, Graphics processing unit, CDNS, Android, IP, Fortune, Helium, Benchmarking, Cadence Design Systems, Socs, Hyperscale computing, Silicon, RTL, OS, Nasdaq, Video game console, Video game

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the Cadence Helium Virtual and Hybrid Studio, a platform that accelerates the creation of virtual and hybrid prototypes of complex systems.

Key Points: 
  • Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the Cadence Helium Virtual and Hybrid Studio, a platform that accelerates the creation of virtual and hybrid prototypes of complex systems.
  • The Helium Studio allows designers to build high-quality virtual and hybrid SoC models.
  • The Helium Studio features:
    Virtual studio: The system allows GUI-based platform assembly for quick and correct-by-construction platform creation, enabling early software bring-up.
  • Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc.

ProtectedBy.AI is Awarded Department of Defense Contract to Develop Innovative Tools to Combat Criminal Cryptocurrency Transactions

Retrieved on: 
Tuesday, August 10, 2021
People, Intelligence, Federal government of the United States, United States Army Command, Control, Communication, Computers, Cyber, Intelligence, Surveillance and Reconnaissance Center, C4ISR, Department, C5, Cryptocurrency, CIA, Unitary state, Computer, AML, Crime, Intelligence analysis, Communication, United States Secretary of Homeland Security, Organization, Consortium, Government, Control, Technology, Solution, Artificial intelligence, Psychology, Defence Intelligence Agency (India), Research, Corruption, United States Department of Defense, The Transactor, CTF, Acquisition, Central Intelligence Agency, Command, CFT, Medical device

The award is to develop a prototype solution that will research, analyze, and identify transactions within blockchain records.

Key Points: 
  • The award is to develop a prototype solution that will research, analyze, and identify transactions within blockchain records.
  • Crimes are often conducted behind the veil of technologies that were purposefully developed to obscure the identity of the underlying transactors.
  • The anonymity inherit to cryptocurrency is increasingly being used to facilitate unlawful transactions and enable crimes including narcotrafficking, human trafficking, extortion, corruption and ransomware.
  • C5 gives members an innovative and commonsense acquisition mechanism for development of new technologies and products to meet government customer requirements.