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Fair Lending - Banking Exchange
Majority of small business owners saw growth despite facing labor challenges
Five-year community benefit plan will improve access to credit and affordable housing
CFPB estimates the proposed rule will result in 22,000 additional mortgage approvals
Artificial intelligence (AI) and complex algorithms have become integral in credit decision-making processes
Proposed rule to ban junk fees aims to remedy widespread concerns
The proposals will impact the relationship between large banks and minority depository institutions, says the association
Almost 50% of all credit card holders are carrying credit card debt
Other banking industry organizations applauded the Treasury Department for working with the industry on revisions
Very few organizations have been successful in growing their relationships with this audience
Banks issue cautious welcome but warn of increased costs for some organizations
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Webinar:

Strategic Growth: How FI Execs Can
Leverage a Payments Hub

Thursday, September 12, 2024, at 2:00 pm ET

As banks prioritize investments in both commercial and retail payments, with a significant portion planning to spend over $20 million, it's clear that payment modernization is at the forefront of industry strategy. However, legacy infrastructure remains a significant challenge.

Alacriti's Neeraj Gupta, SVP of Product Management, will discuss:

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