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More than half (57%) of consumers plan to spend most of their income online in 2024
Nearly three-quarters of customers use a debit card at a physical or online point of sale
Report by American Banker found AI is being used to streamline compliance, loan processing and underwriting
Digital wallets are forecasted to reach $25 trillion in global transaction value by 2027
Recent developments in the technology are seeing a growth in investment in AI
The new loss mitigation home retention option will help those falling behind on mortgage payments
Deal would make Capital One the largest credit card company by loans, surpassing JP Morgan
Earned wage access programs allow workers to take some of their future paychecks in advance
X has announced that it will launch peer to peer payments in 2024
The new survey found small businesses are spending an average of $13,000 per month on their credit cards
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