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The average purchasing power for middle-income families in August was 102.2%, up from 101.5%
There has been an average of 1,646 branch closures each year
The rate cut will be the first since 2020
Only 40% understand the data provided by banks’ personal financial management tools
OakNorth has lent $600m to lower mid-market businesses in the US last year
Announced a partnership with crypto company Taurus
Study reveals 58% of consumers use cashback cards
Nearly three-quarters of consumers demand more personalized banking experiences
The bank is increasing branch locations in a bid to reach smaller towns and cities
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