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Bank Profits Rose by 79% in Q1

Bank Profits Rose by 79% in Q1

Community bank profits also increased by $4.3 billion
Illinois Limits Interchange Fees

Illinois Limits Interchange Fees

The first-of-its-kind bill bans the collection of interchange fees on taxes and tips
Bank Data Signals an Increasingly Cautious Consumer and Small Business Owner

Bank Data Signals an Increasingly Cautious Consumer and Small Business Owner

Consumer spending on credit cards and debit cards have only grown by 3.5% year over year
CFPB Introduces Rules for Buy Now, Pay Later Lenders

CFPB Introduces Rules for Buy Now, Pay Later Lenders

Consumers have been granted the right to dispute buy now, pay later lenders
Debit Cards Remain Most Popular Payment Method

Debit Cards Remain Most Popular Payment Method

Nearly three-quarters of customers use a debit card at a physical or online point of sale
Bank of America Survey Shows Nearly Half of American Consumers Feel Financially Well Up

Bank of America Survey Shows Nearly Half of American Consumers Feel Financially Well Up

53% of men stated they have good financial wellness, while this figure drops to 36% of women
US Banks Rank as Largest Global Fossil Fuel Financers

US Banks Rank as Largest Global Fossil Fuel Financers

JPMorgan has invested over $430 billion in fossil fuels since the Paris Agreement
Credit One Executive Talks Fraud Prevention Technology at SAS Innovate Conference

Credit One Executive Talks Fraud Prevention Technology at SAS Innovate Conference

Discussed the common challenges anti-fraud professionals face in the generative AI age
Homebuyers Uncertain of How to Secure a Mortgage

Homebuyers Uncertain of How to Secure a Mortgage

New report found 70% of Americans feel renting could impact their current and long-term finances
ABA Supports Bill to Strengthen ATM Robbery Penalties

ABA Supports Bill to Strengthen ATM Robbery Penalties

The bill aims to establish a new federal statuary framework to govern ATM robbery offenses
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