What #Banking Trend Will Have the Greatest Impact on Your Bank?
Jeff For Banks
APRIL 4, 2024
In 2019, bank revenue from overdraft and non-sufficient funds fees surpassed $15 billion with the average cost of each charge between $30 to $35. In 2019, the major credit card companies charged over $14 billion each year in late fees with an average charge of around $35. Technology offers opportunities to do just that.
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