First of a four-part interview that will be displayed this week on Banking Exchange
Average late fee charge reduced from $32 to $8
The bank’s deal with a group of investors adds four new directors to its board
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
