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Nearly One in Three Consumers Use Financing to Cover Energy Bills

Nearly One in Three Consumers Use Financing to Cover Energy Bills

Consumers are also cutting back on essential and nonessential spending to cover costs
Citibank Fined $136 Million Over Unresolved Data Issues

Citibank Fined $136 Million Over Unresolved Data Issues

The Fed and OCC said the bank has failed to address issues identified in 2020
Global Credit Card Market to Exceed $1 Trillion by 2033

Global Credit Card Market to Exceed $1 Trillion by 2033

Growth attributed to increased demand for convenient and flexible payment methods
Metro Bank Restores Plan to Sell Mortgage Loans

Metro Bank Restores Plan to Sell Mortgage Loans

British bank expected to sell between £3 billion and £4 billion of loans to raise capital
Data and AI Driven Discussion July 24

Data and AI Driven Discussion July 24

Wednesday, July 24 at 11 am ET, Banking Exchange will host an online discussion
FinCEN Underestimates Community Banks’ Reporting Burden

FinCEN Underestimates Community Banks’ Reporting Burden

ICBA says rules for reporting suspicious activity reduces community bank’s ability to attract capital
Three-quarters of Americans Feel Financially Insecure

Three-quarters of Americans Feel Financially Insecure

Figures included 35% who believe they will never achieve financial security
Crypto-Friendly Bank Fined $63m

Crypto-Friendly Bank Fined $63m

Silvergate failed to monitor $1 trillion of transactions, according to SEC
UBS Completes Merger with Credit Suisse’s Swiss Operations

UBS Completes Merger with Credit Suisse’s Swiss Operations

Credit Suisse’s CEO will leave the firm following the merger
UK Credit Card Spending Hit Record High in December

UK Credit Card Spending Hit Record High in December

Customer spending has continued to rise, while repayments decline
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