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Consumers Uncertain about Inflation as Household Debt Nears $16T

Consumers Uncertain about Inflation as Household Debt Nears $16T

Findings come as US inflation nears 40-year high, climbing to 8.3% in April
ABA Urges Lawmakers to Reject Overdraft Rules

ABA Urges Lawmakers to Reject Overdraft Rules

A Senate subcommittee is considering proposed limitations to overdraft fees
Federal Reserve Adds Alacriti to FedNow Showcase

Federal Reserve Adds Alacriti to FedNow Showcase

Central bank instant payment service to be rolled out next year following strong demand from businesses
Digital Banking Tools Linked to Financial Confidence, Survey Finds

Digital Banking Tools Linked to Financial Confidence, Survey Finds

KeyBank survey also found that younger generations prefer a combination of digital and in-person banking
Retail banks struggling to support customers as inflation rises

Retail banks struggling to support customers as inflation rises

Retail banks score lower among customers for helping them save money or time
Stablecoins need regulatory ‘architecture’ to avoid consumer harm

Stablecoins need regulatory ‘architecture’ to avoid consumer harm

Acting comptroller of the currency Michael Hsu called for ‘stability’ and ‘interoperability’
Banking Software Market to Grow by $3B by 2025, Research Finds

Banking Software Market to Grow by $3B by 2025, Research Finds

Third-party providers of software will experience a significant increase in interest in their services, according to market research
Six Former Bank Employees Banned over Covid Loan Fraud

Six Former Bank Employees Banned over Covid Loan Fraud

Four Regions Bank and two Merrill Lynch Wealth Management workers cannot return to the industry after combined near-$90k coronavirus loans fraud
C is for Compliance: Top 10 Compliance Challenges for Banks

C is for Compliance: Top 10 Compliance Challenges for Banks

As we move into a “new normal” of business processes, there is little relief when it comes to easing both real and anticipated regulatory change
US Bank: Women more confident about managing finances post-pandemic

US Bank: Women more confident about managing finances post-pandemic

The new study reveals millennial women are taking a more active role in their finances
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