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The federal judge rejected the challenge, which was backed by the American Bankers Association
Study reveals 58% of consumers use cashback cards
Shifting risk composition caused greater risk credit cards to be issued
Gen Z faces financial dependence with 52% not earning enough for their desired lifestyle
Consumers are also cutting back on essential and nonessential spending to cover costs
Growth attributed to increased demand for convenient and flexible payment methods
Figures included 35% who believe they will never achieve financial security
Customer spending has continued to rise, while repayments decline
Group says banks and fintech firms will struggle with changes to personal financial data rights
CFPB estimates the proposed rule will result in 22,000 additional mortgage approvals
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Customer Onboarding, Fraud Prevention, and Digital Banking Transformation

Tuesday, October 1st, 2024, at 2:00 pm ET

Banking Exchange will host a crucial webinar exploring key issues and trends in the banking and financial services sector. We will welcome John Baird, a leading expert on the application of identity verification technology in banking.

This discussion will focus on customer onboarding, fraud prevention, and digital banking transformation, providing actionable insights and strategies for banks to enhance customer acquisition and operational efficiency while adapting to evolving regulatory and technological demands.

Mr. Baird will spark discussion of hot topics impacting the performance of banks:

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