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Financial Trends
It has been a year of momentous change for the payments industry
Q4 earning reports show major banks have cut loans to small businesses, focusing instead on strengthening their own capital position
OCC conditionally approves the conversion as Anchorage co-founders hail “major milestone” for crypto industry
Chime added 2 million new users in the first three quarters of 2020, according to new data
F&M set to acquire Ossian State Bank, while Consumers National Bank adds two CFBank branches and Coulee Bank brings on assets from BNC
The ABA has urged banks to prepare as a fresh round of economic stimulus payments is rolled out
Global loan loss provisions and foregone revenue due to economic impact of pandemic will climb for the next few years
The bank is giving away $250 online savings accounts to all children born before midnight on Thursday of last week
FICO survey finds lack of confidence in short-term finances, but satisfaction with bank support is high
Consumers will continue to act on the behaviors formed during the pandemic, especially as it relates to digital means of operation and communication
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