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Brace for Rising Rates, Loss of Deposits and Inflation with Sticky Deposits and Niche Tools

Brace for Rising Rates, Loss of Deposits and Inflation with Sticky Deposits and Niche Tools

U.S. banks have seen unprecedented growth in bank deposits as a result of the COVID-19 outbreak
Ransomware Resiliency For Storage & Backup: Trends, Threats & Tips

Ransomware Resiliency For Storage & Backup: Trends, Threats & Tips

One thing is clear. The “business value” of data continues to grow
Almost 100% of Community Bank Leaders Predict Imminent Recession

Almost 100% of Community Bank Leaders Predict Imminent Recession

Fed chair Jerome Powell says a recession is not inevitable, but bank executives disagree
Inflation hits 40-year high as 50bps rate rise looms in the UK

Inflation hits 40-year high as 50bps rate rise looms in the UK

The UK consumer price index has hit 9.4%, the highest rate seen since 1982
Hurricane Dimon: JP Morgan and Morgan Stanley Miss, the Markets Fall

Hurricane Dimon: JP Morgan and Morgan Stanley Miss, the Markets Fall

Profit declined by 28% for second quarter for America’s largest bank while earning was 12 cents short of most analyst expectations
NY Fed: Short-term inflation expectations reach new series high

NY Fed: Short-term inflation expectations reach new series high

Although short-term inflation expectations have increased, expectations for medium-term and longer-term inflation have declined
Customers Dissatisfied with Bank Advice Services, Survey Shows

Customers Dissatisfied with Bank Advice Services, Survey Shows

JD Power research finds consumers are unhappy with financial advice provided by banks as broader satisfaction declines
Consumer Financial Protection Bureau Investigating Overdraft Charges

Consumer Financial Protection Bureau Investigating Overdraft Charges

The bureau is collating research on key customer service metrics from large banks
CFPB Requests Public Input to Improve Bank Customer Service

CFPB Requests Public Input to Improve Bank Customer Service

The organization seeks to guarantee the “legally enshrined right” to adequate customer service
Credit Conditions Set to Deteriorate, Say Economists

Credit Conditions Set to Deteriorate, Say Economists

Market conditions are weakening despite consumer and business markets appearing solid, according to an ABA survey
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