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End in sight? Key tax provisions expiring in 2025

ABA Community Banking

Key tax provisions expiring in 2025 appeared first on ABA Banking Journal. By Paul DavisA series of tax cuts that are poised to expire next year should be on the radar of banks of all sizes.The Tax Cuts and Jobs Act, which was signed into law in December 2017, is largely viewed as the most-sweeping overhaul of the tax code in three decades.

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Banks could save more than $70 billion using new tech by 2025

Bank Innovation

North American banks could save more than $70 billion through 2025 using technology to automate jobs or assist employees, according to estimates from Accenture Plc.

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Visa-Mastercard settlement claims deadline postponed

Payments Dive

billion settlement now have until February 2025 to file claims, a federal judge overseeing the class action said. Merchants seeking a piece of the $5.5

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New Study Highlights Tech Trends and Top Priorities for Banks in 2024 and 2025

BankInovation

Jack Henry’s sixth annual study uncovers key insights and valuable takeaways from bank and credit union CEOs to help you capitalize on market shifts and new opportunities, refine your strategic plan, and compete successfully in 2024 and 2025. Below are the key takeaways from […]

Study 69
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Amex to prioritize growth in 2024, product innovation in 2025

BankInovation

American Express plans to invest in product innovation in 2025 to keep up with anticipated growth in 2024. “We currently have plans to refresh around 40 products globally next year,” Chief Financial Officer Christophe Caillec said today during the card giant’s fourth-quarter earnings call.

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BNP Paribas aims for 1K AI uses by 2025

BankInovation

BNP Paribas aims to develop 1,000 AI use cases by 2025. trillion, Paris-based bank has been using AI for years and already has 700 uses for the technology, including 26 generative AI models in testing, a BNP spokesperson told Bank Automation News. BNP Paribas is in the top 12 banks globally for its […]

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UK house prices will not stop falling until 2025, Lloyds predicts

TheGuardian

decline in 2024 UK house prices will continue to slide this year and in 2024 and will not start to recover until 2025, Lloyds Banking Group has forecast. Britain’s biggest mortgage lender forecasts 5% drop over this year and another 2.4% in 2024.

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