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Mortgage Applications Increase along with Credit Card Debt

Mortgage Applications Increase along with Credit Card Debt

While housing demand increased, it was still more than 20% below this time in 2022
CFPB Proposes Extending Supervision to Nonbank Payment Providers

CFPB Proposes Extending Supervision to Nonbank Payment Providers

The regulations would ensure nonbank financial companies adhere to the same rules as large banks and credit unions
American Consumers Optimistic Despite Financial Pressures

American Consumers Optimistic Despite Financial Pressures

Survey shows significant majority of consumers expect to reach financial prosperity in the next 10 years
Bank of America Report Finds Wealthy Most Pessimistic While GDP Rises 4.9%

Bank of America Report Finds Wealthy Most Pessimistic While GDP Rises 4.9%

Consumer spending, government spending and residential investments were the catalysts for growth
ABA Criticizes Proposed CFPB Rule On Personal Finance Data

ABA Criticizes Proposed CFPB Rule On Personal Finance Data

The ABA has warned of concerns over implementation costs
Credit Card Debt Over $1 Trillion Draws Attention from Congress

Credit Card Debt Over $1 Trillion Draws Attention from Congress

Interest rates for credit card holders have climbed to a record high of more than 20%
Consumers Interested in Embedded Finance Offerings

Consumers Interested in Embedded Finance Offerings

Fear of recession continues to impact habits despite improving economic outlook, according to survey
Capital Bank Launches New Lender Finance Group

Capital Bank Launches New Lender Finance Group

Scott Lisman and Thomas Scott have joined the bank to run the group
Truist to Bring Quantum Computing to Consumer Banking

Truist to Bring Quantum Computing to Consumer Banking

The banking giant has teamed up with IBM to explore the potential for enhancing banking systems
Consumer Bank Fined $9 Million in Settlement

Consumer Bank Fined $9 Million in Settlement

The U.S. Consumer Financial Protection Bureau has fined Citizens Bank for violating the Truth in Lending Act
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