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Community bank profits also increased by $4.3 billion
Proposed rule to ban junk fees aims to remedy widespread concerns
The new rules could save consumers over $3.5 billion in fees per year
This Thursday January 18 at 1:00 pm ET Banking-Exchange will host a live webinar with Soups Ranjan
President and CEO Rob Nichols said proposed rules threaten affordable deposit account products
Almost 50% of all credit card holders are carrying credit card debt
Investors are starting to jump into the stock market again
Unemployment is expected to stay around 3.8% and payrolls have continued to increase
Consumer spending, government spending and residential investments were the catalysts for growth
JP Morgan reported $13.15 billion in profit last week
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Webinar:

Optimizing Payment Rails:
Smarter Solutions for Efficient Money Movement

Thursday, February 27 at 2:00 ET

Financial institutions are under pressure to deliver faster, more cost-effective, and user-friendly payment solutions. Smart routing and multi-rail optimization have emerged as key strategies to streamline payment processes and enhance the customer experience.

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AlacritiBanking Exchange