General-purpose AI chatbots can explain financial concepts, but they can also generate specific investment recommendations without... Read more

Small fees on paycheck-advance apps can hide extremely high annualised costs, sometimes exceeding triple-digit annual percentage r... Read more

Digital savings apps can advertise high yields and bank-like protections while customer funds sit with a partner bank, custodian o... Read more

Fraudsters can now use short public audio clips to imitate a relative’s voice and pressure bank customers into authorising trans... Read more

Many retail savings and chequing accounts impose monthly maintenance fees when the balance falls below a stated threshold — typi... Read more

A growing number of cardholders face double ATM fees from both the ATM operator and their own bank, pushing transaction costs abov... Read more

A 1.5% annual expense ratio on a retail mutual fund or ETF reduces a 30-year compounded return by close to a third, a cost most in... Read more

Paying only the minimum due on a credit card balance, common across emerging-market revolving accounts, can convert a single-month... Read more

Two savings accounts with the same advertised annual rate can deliver different returns over time depending on whether interest co... Read more

Standard loan repayment structures are designed to recover the bank's interest cost before reducing the borrower's actual debt , a... Read more

Across Asia, Africa, the Middle East and Latin America, standard savings accounts are paying interest rates that fall below curren... Read more

International money transfers display a fee, but hide a larger cost inside the exchange rate itself, eroding household remittances... Read more