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Overdraft fees, nonsufficient funds (NSF) fees, and similar fees are under increased regulatory scrutiny
Report by Oliver Wyman details how banks can deal a ‘body blow’ to online fraud
Plus: ICBA hires payments policy lead; Wells Fargo and Arvest Bank fill DEI roles
Wells Fargo dropped to about 18,000 loans in progress, a dramatic change from one year ago
The prevalence of fraud calls for a new stage of technological tools that can help financial institutions better monitor for and prevent fraud
Seven locations will be consolidated over the next six months after 10 were closed last year
The banking industry has bought into the negative narrative that, in order to survive, traditional banks need to replicate the experience offered by fintechs
According to Sam Yen, most residences today state that the reason they still have a checkbook is to simply pay the rent
By putting the customer experience at the forefront of their payments strategy, banks can create a thriving and innovative business
America’s gross domestic product rose 2.6% in the third quarter
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