Tuesday, August 19, 2025

Survey Reveals Long-Term Adoption of New Technology

Thu, 11 March 2021  |  pandemic technology 

Today will mark the one-year anniversary since the World Health Organization declared COVID-19 as a pandemic, ultimately turning the world upside down. Even with vaccines becoming available, the pandemic continues to reshape the nation’s health, family, work, education and social experiences — with technology playing a dominant role.

In a recent survey by Read More

Use Of Digital Banking And Fintech Apps On The Rise

Wed, 10 March 2021  |  pandemic fintech 

More Americans have turned to mobile banking apps since the onset of pandemic lockdown restriction according to a survey released by ESET, a security software and services company, in fact, 65% of people now say they use at least one fintech app or platform and 85% use either banking apps or online banking platforms.

With more people keeping tabs on their money during a time of economic uncertainty, and with many of them doing so online, the ESET Global FinTech Study examined the online banking and finance habits of 2,000 consumers in the United States and 8,000 consumers acro... Read More

Mass Affluent Investors Link Over $1 Trillion in Assets On Personal Capital

Tue, 09 March 2021  |  technology investing 

In another example of the accelerating acceptance of investment technology by investors, Personal Capital, a digital wealth management company, reported a 28% increase in the amount of assets linked to its free online financial tools. The company now has visibility into over $1 trillion in linked account value or approximately 2% of U.S. investable assets, further proving that fintech is having its 'moment.'

During an unprecedented 2020, the company saw a 15% increase in new dashboard users and monthly login frequency increased 10%, underscoring a desire by many investors to ... Read More

Technology is Crucial in Financial Advisor Relationship

Tue, 09 March 2021  |  technology 

An Edward Jones survey on the digital client experience showed that 95 percent of the investors polled feel it's important that their financial advisors use the latest technology and tools when advising them. The financial-services firm's survey of more than 1,200 investors analyzed the impact of technology on financial advisor selection and in creating a financial strategy.

Despite the digital shift brought on by the COVID-19 pandemic, more than four in five respondents (83%) noted they would prefer to work with a human financial advisor, compared to just 17% who say they woul... Read More

The Conference Board Employment Trends Index™ (ETI) Increased in February

Mon, 08 March 2021  |  employment 

The Conference Board Employment Trends Index™ (ETI) increased in February, after an increase in January. The index now stands at 101.01, up from 99.69 (an upward revision) in January. The index is currently down only 7.8 percent from a year ago, which was the last pre-Covid reading.

"The Employment Trends Index increased again in February and signals strong job growth in the coming months," said Gad Levanon, Head of The Conference Board Labor Markets Institute. "The combination of declining new infections, lower pandemic-related restrictions, households flush with savings, and... Read More

Americans Spending More Time Managing Savings

Thu, 04 March 2021  |  savings 

Some Americans are spending more time managing their savings since the start of the COVID-19 pandemic and average seven hours per month managing their finances (e.g., paying bills, budgeting everyday expenses, and the like), according to a new survey from CIT's national direct bank, CIT Bank, conducted by The Harris Poll.

Twenty-six percent of Americans say they are spending more time managing their savings now than they were this time last year (i.e., before the start of the COVID-19 pandemic), with just 9% spending less time. Similarly, Americans report spending more time budg... Read More