“We have to be prepared here for the economy to sputter in the next several months.”

The generation born between 1981 and 1996 will soon be on the receiving end of a $30 trillion windfall as Baby Boomers begin to retire

JD Power study found that big banks are leading the way when it comes to financial advice

As the economy recovers we are seeing an emergence of the usage of commercial cards by businesses

Traditional US financial institutions such as Capital One and TD are still favored over PayPal, Visa and Amazon to deliver digital banking solutions

Bank of America ranks highest in banking mobile app satisfaction, reports JD Power

Bringing in new customers is increasingly happening online rather than in person

It’s undisputed that the pandemic brought upon new obstacles to the way people bank and pay each other

Plus: First Bancorp announces Select Bancorp takeover, United Community Banks buys Aquesta, Oconee to merge with Elberton

HSBC’s departure is the result of a “lack of scale to compete”, company says