Strong fraud protection is the most important consideration for 32% of consumers
The retail banking industry went on high alert last week as President Joe Biden highlighted a new rule on credit card late fees
TD Bank report found that nearly a third of young consumers have fallen victim to financial fraud
Texts impersonating banks caused victims to lose $800 per scam in 2023
Teenagers are also more likely to experience financial concerns and lie about their financial situation
Report finds 17% of customers think AI will make their lives worse
Artificial intelligence (AI) and complex algorithms have become integral in credit decision-making processes
Recent developments in the technology are seeing a growth in investment in AI
A more holistic view benefiting both lenders and borrowers
The new loss mitigation home retention option will help those falling behind on mortgage payments
