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Jobs report showed less job growth than expected in August
Study reveals 58% of consumers use cashback cards
Shifting risk composition caused greater risk credit cards to be issued
The BoE believes UK banks could be safely wound down in a crisis without taxpayer bailouts
The bank is increasing branch locations in a bid to reach smaller towns and cities
Banking Exchange sat down with industry-leading CEO John Baird, head of Vouched, and discussed the future of the Banking Industry. This article is the first of a four-part series.
Over 40% of Gen Z respondents avoid checking their bank account balances
Gen Z faces financial dependence with 52% not earning enough for their desired lifestyle
Consumers are also cutting back on essential and nonessential spending to cover costs
Growth attributed to increased demand for convenient and flexible payment methods
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Strategic Growth: How FI Execs Can
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Thursday, September 12, 2024, at 2:00 pm ET

As banks prioritize investments in both commercial and retail payments, with a significant portion planning to spend over $20 million, it's clear that payment modernization is at the forefront of industry strategy. However, legacy infrastructure remains a significant challenge.

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