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Tokenization

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
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
Earnings report was considered a win due to investment banking fees
Consumers are also cutting back on essential and nonessential spending to cover costs
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