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Three-quarters of Consumers Optimistic A…
OCC Seeks to Improve Operational Resilie…
US Falls Behind in Digital Currency Inno…
SAS Executive Stu Bradley Discusses 2024…
CFPB Finalizes Rule to Cut Late Credit C…
NYCB Receives $1 Billion Lifeline
Customers Value Fraud Protection When Op…
Biden Administration Targets Banks and C…
Fraudsters are Targeting Younger Consume…
ABA Urges FCC To Crackdown on Spam Texts
Two-thirds of Americans Have Decreased S…
Bank Customers Express Distrust in AI
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CFPB Finalizes Rule to Cut Late Credit Card Fees
Average late fee charge reduced from $32 to $8
Customers Value Fraud Protection When Opening New Account
Strong fraud protection is the most important consideration for 32% of consumers
Biden Administration Targets Banks and Credit Cards
The retail banking industry went on high alert last week as President Joe Biden highlighted a new rule on credit card late fees
Fraudsters are Targeting Younger Consumers
TD Bank report found that nearly a third of young consumers have fallen victim to financial fraud
Two-thirds of Americans Have Decreased Spending
Teenagers are also more likely to experience financial concerns and lie about their financial situation
Bank Customers Express Distrust in AI
Report finds 17% of customers think AI will make their lives worse
Consumers Become More Optimistic About Financial Conditions
Over 76% of consumers expect their finances to improve or remain unchanged over the next 12 months
Loan Demand Increases Despite Tighter Credit Standards
Credit card debt grew by $50 billion in the fourth quarter of 2023
401(k) Account Balances Increase 15%: Bank of America
Double the percentage of plan participants increased their contribution rate
Jobs Report Outperforms as Goldilox Economy Continues
Job growth was 216,000 and unemployment was at 3.7% while earnings also rose
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