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Financial Trends - Banking Exchange
Recent developments in the technology are seeing a growth in investment in AI
Over 76% of consumers expect their finances to improve or remain unchanged over the next 12 months
Double the percentage of plan participants increased their contribution rate
Earned wage access programs allow workers to take some of their future paychecks in advance
The British government has pushed off the decision to go forward with a digital pound until at least 2025
Santander US reports 57% of consumer have delayed a financial decision due to inflation fears
Inflation is continuing to affect how bank customers use their money, Bank of America has found
Bitcoin ETFs finally came through as investors can now more easily invest in Bitcoin
X has announced that it will launch peer to peer payments in 2024
Analysts believe that inflation may fall even quicker than expected
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