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Financial Trends - Banking Exchange
Challenger Bank Alliant reports strong year-on-year growth in 2021

Challenger Bank Alliant reports strong year-on-year growth in 2021

Member base increases as consumers turn to digital, low-rate environments
New survey shows rise in credit cards for holiday spending

New survey shows rise in credit cards for holiday spending

About one-fifth of consumers blew budgets and regret overspending
Digital Engagement Booming, Says Bank of America

Digital Engagement Booming, Says Bank of America

Individual and business customers are embracing digital banking more than ever
Generation Z Banking Discussion This Thursday

Generation Z Banking Discussion This Thursday

Banking Exchange will be hosting a discussion on Thursday focused on Generation Z
Gen Z Favor Secure Payments Solutions when Selecting Banks

Gen Z Favor Secure Payments Solutions when Selecting Banks

Generation Z has become the center of much attention and discussion among banking leaders
Financial institutions deploying cloud technology to boost profitability

Financial institutions deploying cloud technology to boost profitability

62% of financial services leaders believe cloud technologies will increase future revenues, according to a new study
No Need to Fear Inflation: It Is Already Here

No Need to Fear Inflation: It Is Already Here

This week, the major indexes and in particular bank stocks started to come roaring back from the month of January
Bank of America consumer client payments climbed to $335bn in January

Bank of America consumer client payments climbed to $335bn in January

Second highest spending month on record for the bank
Boston Fed and MIT CBDC complete first phase of CBDC feasibility project

Boston Fed and MIT CBDC complete first phase of CBDC feasibility project

White paper will focus on CBDC technical capabilities, rather than policy recommendations
US Bank Branch Closures Increase by 38% in 2021

US Bank Branch Closures Increase by 38% in 2021

2,927 bank branches closed last year, as bank customers opted for mobile and digital offerings
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